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REGISTERED NUMBER: 12140363 (England and Wales)
















CLADPROOF INDUSTRIAL ROOFING LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






CLADPROOF INDUSTRIAL ROOFING LTD (REGISTERED NUMBER: 12140363)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLADPROOF INDUSTRIAL ROOFING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: R Greaves
N Park





REGISTERED OFFICE: 44-60 Suite 206 Richardshaw Lane
Stanningley
Pudsey
West Yorkshire
LS28 7UR





REGISTERED NUMBER: 12140363 (England and Wales)





ACCOUNTANTS: UHY BPR Heaton
Chartered Accountants
Glenewes House
Gate Way Drive
Leeds
West Yorkshire
LS19 7XY

CLADPROOF INDUSTRIAL ROOFING LTD (REGISTERED NUMBER: 12140363)

BALANCE SHEET
31 AUGUST 2024

2024 2023
as restated
Notes £ £ £
FIXED ASSETS
Tangible assets 4 119,722 90,734

CURRENT ASSETS
Debtors 5 86,775 44,415
Cash at bank 760,674 439,990
847,449 484,405
CREDITORS
Amounts falling due within one year 6 206,928 88,434
NET CURRENT ASSETS 640,521 395,971
TOTAL ASSETS LESS CURRENT
LIABILITIES

760,243

486,705

CREDITORS
Amounts falling due after more than one
year

7

(46,004

)

(33,341

)

PROVISIONS FOR LIABILITIES (22,445 ) (13,555 )
NET ASSETS 691,794 439,809

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 691,792 439,807
691,794 439,809

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

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

CLADPROOF INDUSTRIAL ROOFING LTD (REGISTERED NUMBER: 12140363)

BALANCE SHEET - continued
31 AUGUST 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 15 May 2025 and were signed on its behalf by:





R Greaves - Director


CLADPROOF INDUSTRIAL ROOFING LTD (REGISTERED NUMBER: 12140363)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Cladproof Industrial Roofing 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 the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance and 25% on cost
Computer equipment - 25% on reducing balance

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are initially measured at the transaction price, except for those financial assets classified as at fair value through profit or loss.

Basic financial instruments
Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans.

Where the arrangement does not constitute a financing transaction, e.g trade debtors on normal commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.

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.


CLADPROOF INDUSTRIAL ROOFING LTD (REGISTERED NUMBER: 12140363)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 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 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.

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 4 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 September 2023 97,065
Additions 51,684
At 31 August 2024 148,749
DEPRECIATION
At 1 September 2023 6,331
Charge for year 22,696
At 31 August 2024 29,027
NET BOOK VALUE
At 31 August 2024 119,722
At 31 August 2023 90,734

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£ £
Trade debtors 74,687 -
Other debtors 12,088 44,415
86,775 44,415

CLADPROOF INDUSTRIAL ROOFING LTD (REGISTERED NUMBER: 12140363)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£ £
Hire purchase contracts 10,137 3,107
Trade creditors 6,210 -
Taxation and social security 138,462 85,327
Other creditors 52,119 -
206,928 88,434

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
as restated
£ £
Hire purchase contracts 46,004 33,341

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
as restated
£ £
Hire purchase contracts 56,141 -

Hire purchase contracts are secured against the asset to which the contract relates.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
as restated
£ £
N Park
Balance outstanding at start of year 19,526 -
Amounts advanced 5,121 19,526
Amounts repaid (24,647 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 19,526

R Greaves
Balance outstanding at start of year 13,761 -
Amounts advanced 70,175 13,761
Amounts repaid (83,936 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 13,761