IRIS Accounts Production v24.3.2.46 09103155 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091031552023-06-30091031552024-06-30091031552023-07-012024-06-30091031552022-06-30091031552022-07-012023-06-30091031552023-06-3009103155ns15:EnglandWales2023-07-012024-06-3009103155ns14:PoundSterling2023-07-012024-06-3009103155ns10:Director12023-07-012024-06-3009103155ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3009103155ns10:SmallEntities2023-07-012024-06-3009103155ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3009103155ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3009103155ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3009103155ns10:FullAccounts2023-07-012024-06-3009103155ns10:Director22023-07-012024-06-3009103155ns10:RegisteredOffice2023-07-012024-06-3009103155ns5:CurrentFinancialInstruments2024-06-3009103155ns5:CurrentFinancialInstruments2023-06-3009103155ns5:Non-currentFinancialInstruments2024-06-3009103155ns5:Non-currentFinancialInstruments2023-06-3009103155ns5:ShareCapital2024-06-3009103155ns5:ShareCapital2023-06-3009103155ns5:RetainedEarningsAccumulatedLosses2024-06-3009103155ns5:RetainedEarningsAccumulatedLosses2023-06-3009103155ns5:PlantMachinery2023-07-012024-06-3009103155ns5:FurnitureFittings2023-07-012024-06-3009103155ns5:MotorVehicles2023-07-012024-06-3009103155ns5:PlantMachinery2023-06-3009103155ns5:FurnitureFittings2023-06-3009103155ns5:MotorVehicles2023-06-3009103155ns5:PlantMachinery2024-06-3009103155ns5:FurnitureFittings2024-06-3009103155ns5:MotorVehicles2024-06-3009103155ns5:PlantMachinery2023-06-3009103155ns5:FurnitureFittings2023-06-3009103155ns5:MotorVehicles2023-06-3009103155ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-06-3009103155ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-07-012024-06-3009103155ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-06-3009103155ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-06-3009103155ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3009103155ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 09103155 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

A B Heritage Roofing Limited

A B Heritage Roofing Limited (Registered number: 09103155)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A B Heritage Roofing Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr A W Burnett
Mrs K E Burnett





REGISTERED OFFICE: Suite 3b
Kings House
1 King Street
Leeds
LS1 2HH





REGISTERED NUMBER: 09103155 (England and Wales)





ACCOUNTANTS: Aysgarth Chartered Accountants
Suite 3b
Kings House
1 King Street
Leeds
LS1 2HH

A B Heritage Roofing Limited (Registered number: 09103155)

Balance Sheet
30 June 2024

30/6/24 30/6/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 58,897 31,864

CURRENT ASSETS
Stocks 17,501 18,995
Debtors 5 27,726 39,236
Cash at bank 8,375 66,568
53,602 124,799
CREDITORS
Amounts falling due within one year 6 80,077 131,284
NET CURRENT LIABILITIES (26,475 ) (6,485 )
TOTAL ASSETS LESS CURRENT LIABILITIES 32,422 25,379

CREDITORS
Amounts falling due after more than one
year

7

(17,427

)

(9,667

)

PROVISIONS FOR LIABILITIES (14,700 ) (8,000 )
NET ASSETS 295 7,712

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 195 7,612
295 7,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

A B Heritage Roofing Limited (Registered number: 09103155)

Balance Sheet - continued
30 June 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:





Mr A W Burnett - Director


A B Heritage Roofing Limited (Registered number: 09103155)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

A B Heritage Roofing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost and 10% on cost
Fixtures and fittings - 30% on cost
Motor vehicles - 25% on cost and 10% on cost

All tangible fixed assets are recorded at cost, being purchase price, less accumulated depreciation.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

A B Heritage Roofing Limited (Registered number: 09103155)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 July 2023 13,786 1,540 65,276 80,602
Additions 14,235 - 30,192 44,427
Disposals - - (1,091 ) (1,091 )
At 30 June 2024 28,021 1,540 94,377 123,938
DEPRECIATION
At 1 July 2023 9,256 1,419 38,063 48,738
Charge for year 2,697 121 14,576 17,394
Eliminated on disposal - - (1,091 ) (1,091 )
At 30 June 2024 11,953 1,540 51,548 65,041
NET BOOK VALUE
At 30 June 2024 16,068 - 42,829 58,897
At 30 June 2023 4,530 121 27,213 31,864

A B Heritage Roofing Limited (Registered number: 09103155)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 July 2023 27,610
Additions 30,192
Transfer to ownership (27,610 )
At 30 June 2024 30,192
DEPRECIATION
At 1 July 2023 13,209
Charge for year 9,451
Transfer to ownership (15,112 )
At 30 June 2024 7,548
NET BOOK VALUE
At 30 June 2024 22,644
At 30 June 2023 14,401

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade debtors 24,181 17,736
Amounts recoverable on contract 3,545 21,500
27,726 39,236

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Bank loans and overdrafts 3,050 4,000
Hire purchase contracts 5,401 2,501
Trade creditors 26,047 41,392
Taxation and social security 4,402 45,498
Other creditors 41,177 37,893
80,077 131,284

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/6/24 30/6/23
£    £   
Bank loans 4,373 9,667
Hire purchase contracts 13,054 -
17,427 9,667

A B Heritage Roofing Limited (Registered number: 09103155)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. RELATED PARTY DISCLOSURES

Mr A W Burnett has provided a personal guarantee to the bankers, Santander, to cover the overdraft and credit card borrowings.

The ultimate controlling party is Mr A W Burnett.