Company registration number 10743871 (England and Wales)
IMPERVIOUS ROOFING & BUILDING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
IMPERVIOUS ROOFING & BUILDING LTD
COMPANY INFORMATION
Director
Mr P Doran
Secretary
Company number
10743871
Registered office
Gautam House
1 - 3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
Accountants
Koshal Associates
Gautam House
1 - 3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
IMPERVIOUS ROOFING & BUILDING LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
IMPERVIOUS ROOFING & BUILDING LTD
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
25,284
25,211
Current assets
Cash at bank and in hand
37,565
97,794
Creditors: amounts falling due within one year
4
(14,280)
(42,263)
Net current assets
23,285
55,531
Net assets
48,569
80,742
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
48,469
80,642
Total equity
48,569
80,742
For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 10 January 2025
Mr P Doran
Director
Company registration number 10743871 (England and Wales)
IMPERVIOUS ROOFING & BUILDING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 2 -
1
Accounting policies
Company information
IMPERVIOUS ROOFING & BUILDING LTD is a private company limited by shares incorporated in England and Wales. The registered office is Gautam House, 1 - 3 Shenley Avenue, Ruislip Manor, Middlesex, HA4 6BP.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Plant and equipment
-25% on reducing balance
Motor vehicles
-25% on reducing balance
1.4
Taxation
The tax expense represents the sum of the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
IMPERVIOUS ROOFING & BUILDING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 3 -
3
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 1 May 2023
41,587
11,300
52,887
Additions
8,500
8,500
At 30 April 2024
50,087
11,300
61,387
Depreciation and impairment
At 1 May 2023
19,058
8,618
27,676
Depreciation charged in the year
7,757
670
8,427
At 30 April 2024
26,815
9,288
36,103
Carrying amount
At 30 April 2024
23,272
2,012
25,284
At 30 April 2023
22,529
2,682
25,211
4
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
2,106
1,427
Corporation tax
112
26,526
Other taxation and social security
10,162
12,610
Other creditors
1,900
1,700
14,280
42,263