Company Registration No. 5186171 (England and Wales)
A GRANT ROOFING LTD
Unaudited accounts
for the year ended 30 June 2024
A GRANT ROOFING LTD
Unaudited accounts
Contents
A GRANT ROOFING LTD
Company Information
for the year ended 30 June 2024
Company Number
5186171 (England and Wales)
Registered Office
16 THE HIGH STREET
FULBOURN
CAMBRIDGE
CB21 5DH
ENGLAND
Accountants
Delbeck Accountancy
Newton Hall
Town Street
Newton
Cambridge
CB22 7ZE
A GRANT ROOFING LTD
Statement of financial position
as at 30 June 2024
Tangible assets
21,063
54,240
Cash at bank and in hand
8,210
(3,198)
Creditors: amounts falling due within one year
(58,503)
(60,603)
Net current assets
105,138
73,966
Total assets less current liabilities
126,201
128,206
Creditors: amounts falling due after more than one year
(18,550)
(29,167)
Called up share capital
100
100
Profit and loss account
107,551
98,939
Shareholders' funds
107,651
99,039
For the year ending 30 June 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 December 2024 and were signed on its behalf by
A GRANT
Director
Company Registration No. 5186171
A GRANT ROOFING LTD
Notes to the Accounts
for the year ended 30 June 2024
A GRANT ROOFING LTD is a private company, limited by shares, registered in England and Wales, registration number 5186171. The registered office is 16 THE HIGH STREET, FULBOURN, CAMBRIDGE, CB21 5DH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over 50 years
Plant & machinery
Over 5 years
Motor vehicles
Over 5 years
Fixtures & fittings
Over 5 years
Computer equipment
Over 1 year
Investments in shares are included at fair value.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
A GRANT ROOFING LTD
Notes to the Accounts
for the year ended 30 June 2024
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2023
37,222
100,260
137,482
At 30 June 2024
37,222
100,260
137,482
At 1 July 2023
29,110
54,132
83,242
Charge for the year
8,112
25,065
33,177
At 30 June 2024
37,222
79,197
116,419
At 30 June 2024
-
21,063
21,063
At 30 June 2023
8,112
46,128
54,240
Amounts falling due after more than one year
Other debtors
118,444
123,767
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
19,008
27,347
Taxes and social security
24,046
4,776
Loans from directors
1,613
(4,714)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).