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REGISTERED NUMBER: 07719295 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2024

FOR

ALTO ROOFING & CONSTRUCTION LTD

ALTO ROOFING & CONSTRUCTION LTD (REGISTERED NUMBER: 07719295)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31ST JULY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ALTO ROOFING & CONSTRUCTION LTD

COMPANY INFORMATION
for the Year Ended 31ST JULY 2024







DIRECTORS: T E Hanney
A G Edwards





REGISTERED OFFICE: 37 Victoria Road
Fulwood
Preston
Lancashire
PR2 8NE





REGISTERED NUMBER: 07719295 (England and Wales)





ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN

ALTO ROOFING & CONSTRUCTION LTD (REGISTERED NUMBER: 07719295)

ABRIDGED BALANCE SHEET
31ST JULY 2024

31/7/24 31/7/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,391 6,462

CURRENT ASSETS
Stocks 46,000 40,000
Debtors 943 9,924
Cash at bank 591 18,377
47,534 68,301
CREDITORS
Amounts falling due within one year 67,571 85,529
NET CURRENT LIABILITIES (20,037 ) (17,228 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,646

)

(10,766

)

CREDITORS
Amounts falling due after more than one
year

(21,513

)

(24,167

)

PROVISIONS FOR LIABILITIES (818 ) -
NET LIABILITIES (34,977 ) (34,933 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (34,978 ) (34,934 )
SHAREHOLDERS' FUNDS (34,977 ) (34,933 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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.

ALTO ROOFING & CONSTRUCTION LTD (REGISTERED NUMBER: 07719295)

ABRIDGED BALANCE SHEET - continued
31ST JULY 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 26th March 2025 and were signed on its behalf by:





A G Edwards - Director


ALTO ROOFING & CONSTRUCTION LTD (REGISTERED NUMBER: 07719295)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31ST JULY 2024

1. STATUTORY INFORMATION

Alto Roofing & Construction Ltd 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 represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 25% on reducing balance and 20% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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

ALTO ROOFING & CONSTRUCTION LTD (REGISTERED NUMBER: 07719295)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST JULY 2024

2. ACCOUNTING POLICIES - continued

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.

Going concern
The financial statements have been prepared on a going concern basis. At the balance sheet date, liabilities
exceeded assets by £34,977 after the inclusion directors' loans amounting to £14,737. It is the directors' opinion that with their continued support, the company will continue in existence for the forseable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st August 2023 31,188
Additions 3,246
At 31st July 2024 34,434
DEPRECIATION
At 1st August 2023 24,726
Charge for year 2,317
At 31st July 2024 27,043
NET BOOK VALUE
At 31st July 2024 7,391
At 31st July 2023 6,462

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st July 2024 and 31st July 2023:

31/7/24 31/7/23
£    £   
T E Hanney
Balance outstanding at start of year (2,987 ) (2,677 )
Amounts advanced 24,285 24,895
Amounts repaid (24,042 ) (25,205 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,744 ) (2,987 )

ALTO ROOFING & CONSTRUCTION LTD (REGISTERED NUMBER: 07719295)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST JULY 2024

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

A G Edwards
Balance outstanding at start of year 586 820
Amounts advanced 36,452 26,328
Amounts repaid (49,031 ) (26,562 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (11,993 ) 586

6. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.