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REGISTERED NUMBER: 14691661 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

SBP ROOFING SERVICES LTD

SBP ROOFING SERVICES LTD (REGISTERED NUMBER: 14691661)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SBP ROOFING SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTOR: N L Matthews





REGISTERED OFFICE: 11 Gweal Pawl
Redruth
Cornwall
TR15 3DN





REGISTERED NUMBER: 14691661 (England and Wales)





ACCOUNTANT: Catherine Bennett Ltd
Chartered Accountant
Wheal Harmony House
Solomon Road
Redruth
Cornwall
TR15 1FD

SBP ROOFING SERVICES LTD (REGISTERED NUMBER: 14691661)

BALANCE SHEET
28 FEBRUARY 2025

28/2/25 29/2/24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,775 10,013

CURRENT ASSETS
Debtors 5 2,032 9,962
Cash at bank 4,511 1,704
6,543 11,666
CREDITORS
Amounts falling due within one year 6 38,927 20,273
NET CURRENT LIABILITIES (32,384 ) (8,607 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(23,609

)

1,406

PROVISIONS FOR LIABILITIES - 1,903
NET LIABILITIES (23,609 ) (497 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (23,709 ) (597 )
SHAREHOLDERS' FUNDS (23,609 ) (497 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 director and authorised for issue on 24 April 2025 and were signed by:




N L Matthews - Director


SBP ROOFING SERVICES LTD (REGISTERED NUMBER: 14691661)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

SBP Roofing Services 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.

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.
Plant and machinery - 20% on cost
Motor vehicles - 25% on cost

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.

Going concern
The company has net liabilities and is reliant upon the continued support of its director(s).

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

SBP ROOFING SERVICES LTD (REGISTERED NUMBER: 14691661)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2024 1,551 10,115 11,666
Additions 125 2,000 2,125
At 28 February 2025 1,676 12,115 13,791
DEPRECIATION
At 1 March 2024 181 1,472 1,653
Charge for year 335 3,028 3,363
At 28 February 2025 516 4,500 5,016
NET BOOK VALUE
At 28 February 2025 1,160 7,615 8,775
At 29 February 2024 1,370 8,643 10,013

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/25 29/2/24
£    £   
Trade debtors 2,032 9,962

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/25 29/2/24
£    £   
Trade creditors - 409
Tax 118 861
Social security and other taxes 18,384 7,611
VAT 12,238 6,759
Other creditors 1,105 1,119
Directors' current accounts 4,764 1,897
Accrued expenses 2,318 1,617
38,927 20,273

7. OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £9,100 (2024 £13,000).