2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2024 - FRS102_2024 7,500 7,500 xbrli:pure xbrli:shares iso4217:GBP 5238768 2023-10-01 2024-09-30 5238768 2024-09-30 5238768 2023-09-30 5238768 2022-10-01 2023-09-30 5238768 2023-09-30 5238768 2022-09-30 5238768 core:PlantMachinery 2023-10-01 2024-09-30 5238768 core:MotorVehicles 2023-10-01 2024-09-30 5238768 bus:Director1 2023-10-01 2024-09-30 5238768 bus:Director2 2023-10-01 2024-09-30 5238768 core:NetGoodwill 2024-09-30 5238768 core:PlantMachinery 2023-09-30 5238768 core:MotorVehicles 2023-09-30 5238768 core:PlantMachinery 2024-09-30 5238768 core:MotorVehicles 2024-09-30 5238768 core:WithinOneYear 2024-09-30 5238768 core:WithinOneYear 2023-09-30 5238768 core:AfterOneYear 2023-09-30 5238768 core:ShareCapital 2024-09-30 5238768 core:ShareCapital 2023-09-30 5238768 core:RetainedEarningsAccumulatedLosses 2024-09-30 5238768 core:RetainedEarningsAccumulatedLosses 2023-09-30 5238768 core:PlantMachinery 2023-09-30 5238768 core:MotorVehicles 2023-09-30 5238768 bus:SmallEntities 2023-10-01 2024-09-30 5238768 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 5238768 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 5238768 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 5238768 bus:FullAccounts 2023-10-01 2024-09-30
COMPANY REGISTRATION NUMBER: 5238768
Roofcraft Limited
Filleted Unaudited Financial Statements
30 September 2024
Roofcraft Limited
Statement of Financial Position
30 September 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
6
7,830
11,424
Current assets
Stocks
2,203
1,846
Debtors
7
12,057
17,408
Cash at bank and in hand
8,930
3,912
-------
-------
23,190
23,166
Creditors: amounts falling due within one year
8
26,839
29,537
-------
-------
Net current liabilities
3,649
6,371
------
-------
Total assets less current liabilities
4,181
5,053
Creditors: amounts falling due after more than one year
9
557
Provisions
Taxation including deferred tax
1,488
2,152
------
------
Net assets
2,693
2,344
------
------
Capital and reserves
Called up share capital
100
100
Profit and loss account
2,593
2,244
------
------
Shareholders funds
2,693
2,344
------
------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Roofcraft Limited
Statement of Financial Position (continued)
30 September 2024
These financial statements were approved by the board of directors and authorised for issue on 5 March 2025 , and are signed on behalf of the board by:
P Thomson
K Thomson
Director
Director
Company registration number: 5238768
Roofcraft Limited
Notes to the Financial Statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 112-114 High Street, Rickmansworth, Herts, WD3 1AQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
(b) Revenue recognition
Turnover represents amounts receivable for work undertaken during the year.
(c) Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
(d) Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
(e) Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and Machinery
-
20% straight line
Motor Vehicles
-
25% straight line
Office Equipment
-
33% straight line
(f) Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
(g) Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. The company only has basic financial instruments which are initially recognised at the transaction price. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 3 ).
5. Intangible assets
Goodwill
£
Cost
At 1 October 2023 and 30 September 2024
7,500
------
Amortisation
At 1 October 2023 and 30 September 2024
7,500
------
Carrying amount
At 30 September 2024
------
At 30 September 2023
------
6. Tangible assets
Plant and machinery
Motor vehicles
Equipment
Total
£
£
£
£
Cost
At 1 October 2023
2,870
16,375
1,176
20,421
Additions
304
304
------
-------
------
-------
At 30 September 2024
3,174
16,375
1,176
20,725
------
-------
------
-------
Depreciation
At 1 October 2023
2,271
5,550
1,176
8,997
Charge for the year
198
3,700
3,898
------
-------
------
-------
At 30 September 2024
2,469
9,250
1,176
12,895
------
-------
------
-------
Carrying amount
At 30 September 2024
705
7,125
7,830
------
-------
------
-------
At 30 September 2023
599
10,825
11,424
------
-------
------
-------
7. Debtors
2024
2023
£
£
Trade debtors
9,300
15,230
Other debtors
2,757
2,178
-------
-------
12,057
17,408
-------
-------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
544
6,213
Trade creditors
3,309
4,592
Corporation tax
3,491
Social security and other taxes
83
Other creditors
19,495
18,649
-------
-------
26,839
29,537
-------
-------
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
557
---
---
10. Directors' advances, credits and guarantees
The directors have personally guaranteed the company bank loan.