Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-3077The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-01falseNo description of principal activityfalsetruefalse 07299680 2023-07-01 2024-06-30 07299680 2022-07-01 2023-06-30 07299680 2024-06-30 07299680 2023-06-30 07299680 c:Director1 2023-07-01 2024-06-30 07299680 c:RegisteredOffice 2023-07-01 2024-06-30 07299680 d:MotorVehicles 2023-07-01 2024-06-30 07299680 d:MotorVehicles 2024-06-30 07299680 d:MotorVehicles 2023-06-30 07299680 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 07299680 d:FurnitureFittings 2023-07-01 2024-06-30 07299680 d:FurnitureFittings 2024-06-30 07299680 d:FurnitureFittings 2023-06-30 07299680 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 07299680 d:ComputerEquipment 2023-07-01 2024-06-30 07299680 d:ComputerEquipment 2024-06-30 07299680 d:ComputerEquipment 2023-06-30 07299680 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 07299680 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 07299680 d:CurrentFinancialInstruments 2024-06-30 07299680 d:CurrentFinancialInstruments 2023-06-30 07299680 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 07299680 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 07299680 d:ShareCapital 2024-06-30 07299680 d:ShareCapital 2023-06-30 07299680 d:RetainedEarningsAccumulatedLosses 2024-06-30 07299680 d:RetainedEarningsAccumulatedLosses 2023-06-30 07299680 c:FRS102 2023-07-01 2024-06-30 07299680 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07299680 c:FullAccounts 2023-07-01 2024-06-30 07299680 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07299680 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Company registration number: 07299680







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2024


KEAY ROOFING AND MAINTENANCE SERVICES LIMITED (Formerly Keay Roofing Services Ltd)






































                img7021.png        

 


KEAY ROOFING AND MAINTENANCE SERVICES LIMITED
 


 
COMPANY INFORMATION


Director
R Keay 




Registered number
07299680



Registered office
Martock
1 Portnall Cottages London Road

Sunningdale

Ascot

Surrey

SL5 0LA




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


KEAY ROOFING AND MAINTENANCE SERVICES LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7


 


KEAY ROOFING AND MAINTENANCE SERVICES LIMITED
REGISTERED NUMBER:07299680



STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
73,434
93,449

  
73,434
93,449

Current assets
  

Stocks
  
3,250
3,250

Debtors
 5 
229,969
386,202

Cash at bank and in hand
  
487,462
457,108

  
720,681
846,560

Creditors: amounts falling due within one year
 6 
(236,695)
(210,343)

Net current assets
  
 
 
483,986
 
 
636,217

Total assets less current liabilities
  
557,420
729,666

Provisions for liabilities
  

Deferred tax
  
(20,900)
(20,900)

  
 
 
(20,900)
 
 
(20,900)

Net assets
  
536,520
708,766


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
536,519
708,765

  
536,520
708,766


Page 1

 


KEAY ROOFING AND MAINTENANCE SERVICES LIMITED
REGISTERED NUMBER:07299680


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R Keay
Director
Date: 18 March 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


KEAY ROOFING AND MAINTENANCE SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Keay Roofing Services Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number, registered office address and principal place of business can be found on the Company Information page. On 18th October 2024 the company's name was changed from Keay Roofing Services Ltd to Keay Roofing and Maintenance Services Limited.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

Page 3

 


KEAY ROOFING AND MAINTENANCE SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
straight line
Fixtures and fittings
-
10%
straight line
Computer equipment
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 


KEAY ROOFING AND MAINTENANCE SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.9

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans
to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2023 - 7).

Page 5

 


KEAY ROOFING AND MAINTENANCE SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2023
128,586
20,415
3,536
152,537


Additions
11,058
15,620
1,023
27,701


Disposals
(62,587)
-
-
(62,587)



At 30 June 2024

77,057
36,035
4,559
117,651



Depreciation


At 1 July 2023
53,254
3,577
2,257
59,088


Charge for the year on owned assets
18,018
2,922
891
21,831


Disposals
(36,702)
-
-
(36,702)



At 30 June 2024

34,570
6,499
3,148
44,217



Net book value



At 30 June 2024
42,487
29,536
1,411
73,434



At 30 June 2023
75,332
16,838
1,279
93,449


5.


Debtors

2024
2023
£
£



Trade debtors
147,333
78,841

Other debtors
64,111
295,305

Prepayments and accrued income
18,525
12,056

229,969
386,202


Page 6

 


KEAY ROOFING AND MAINTENANCE SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
56,745
36,664

Corporation tax
92,100
73,178

Other taxation and social security
75,846
52,567

Other creditors
484
32,855

Accruals and deferred income
11,520
15,079

236,695
210,343



7.


Transactions with directors

2024
2023
£
£
Balance at start of year

184,067

129,592
 
Amounts advanced

175,923

97,467
 
Amounts repaid

(359,990)

(42,992)
 
-

184,067
 

 
Page 7