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REGISTERED NUMBER: 06565678 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

LEAD ROOFING SOLUTIONS LIMITED

LEAD ROOFING SOLUTIONS LIMITED (REGISTERED NUMBER: 06565678)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


LEAD ROOFING SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mr Andrew John Mead





SECRETARY: Mrs Jacqueline Mead





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 06565678 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

LEAD ROOFING SOLUTIONS LIMITED (REGISTERED NUMBER: 06565678)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,300 10,004

CURRENT ASSETS
Stocks 92,453 37,476
Debtors 25,855 19,844
Cash at bank and in hand 12,409 35,139
130,717 92,459
CREDITORS
Amounts falling due within one year 117,421 63,238
NET CURRENT ASSETS 13,296 29,221
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,596

39,225

CREDITORS
Amounts falling due after more than one year (46,419 ) (35,995 )

PROVISIONS FOR LIABILITIES 5 (3,439 ) (1,934 )
NET ASSETS 4,738 1,296

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 4,638 1,196
SHAREHOLDERS' FUNDS 4,738 1,296

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

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

The director acknowledges his 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.

LEAD ROOFING SOLUTIONS LIMITED (REGISTERED NUMBER: 06565678)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 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 Statement of Financial Position for the year ended 30 April 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 director and authorised for issue on 31 March 2025 and were signed by:





Mr Andrew John Mead - Director


LEAD ROOFING SOLUTIONS LIMITED (REGISTERED NUMBER: 06565678)

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


1. STATUTORY INFORMATION

Lead Roofing Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Motor vans - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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 statement of financial position date.


LEAD ROOFING SOLUTIONS LIMITED (REGISTERED NUMBER: 06565678)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 22,949
Additions 47,171
Disposals (22,327 )
At 30 April 2024 47,793
DEPRECIATION
At 1 May 2023 12,945
Charge for year 7,175
Eliminated on disposal (13,627 )
At 30 April 2024 6,493
NET BOOK VALUE
At 30 April 2024 41,300
At 30 April 2023 10,004

LEAD ROOFING SOLUTIONS LIMITED (REGISTERED NUMBER: 06565678)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 May 2023 22,327
Additions 46,999
Disposals (22,327 )
At 30 April 2024 46,999
DEPRECIATION
At 1 May 2023 12,385
Charge for year 7,117
Eliminated on disposal (13,627 )
At 30 April 2024 5,875
NET BOOK VALUE
At 30 April 2024 41,124
At 30 April 2023 9,942

5. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 3,439 1,934

Deferred
tax
£   
Balance at 1 May 2023 1,934
Provided during year 1,505
Balance at 30 April 2024 3,439

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

LEAD ROOFING SOLUTIONS LIMITED (REGISTERED NUMBER: 06565678)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Andrew John Mead.

The director, Mr A J Mead, controls the company by virtue of the fact that he owns 80% of the issued share capital.