Registered number
09359422
1ST 4 ROOFING SERVICES LIMITED
Filleted Accounts
31 March 2025
1ST 4 ROOFING SERVICES LIMITED
Registered number: 09359422
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 20,208 12,415
Current assets
Debtors 4 11,110 2,726
Cash at bank and in hand 47,702 45,735
58,812 48,461
Creditors: amounts falling due within one year 5 (27,042) (18,803)
Net current assets 31,770 29,658
Total assets less current liabilities 51,978 42,073
Creditors: amounts falling due after more than one year 6 (5,145) (8,512)
Net assets 46,833 33,561
Capital and reserves
Called up share capital 1 1
Profit and loss account 46,832 33,560
Shareholder's funds 46,833 33,561
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Jamie Owen
Director
Approved by the board on 17 June 2025
1ST 4 ROOFING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2024 2,980 30,962 33,942
Additions 1,015 16,990 18,005
At 31 March 2025 3,995 47,952 51,947
Depreciation
At 1 April 2024 2,318 19,209 21,527
Charge for the year 622 9,590 10,212
At 31 March 2025 2,940 28,799 31,739
Net book value
At 31 March 2025 1,055 19,153 20,208
At 31 March 2024 662 11,753 12,415
4 Debtors 2025 2024
£ £
Trade debtors 11,110 2,726
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 2,688 2,688
Trade creditors 2,295 1,224
Taxation and social security costs 20,310 14,741
Other creditors 1,749 150
27,042 18,803
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 5,145 8,512
7 Related party transactions
The sole director and shareholder operates active loan accounts with the company within which all dividends are declared and drawn upon as required.
Included within other creditors is a balance of £1,747 (Prior year £149), owed to the Company by the director. No interest is charged on this balance and is repayable on demand.
8 Controlling party
The Company is wholly under the control of its sole director and shareholder.
9 Other information
1ST 4 ROOFING SERVICES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
2 Wetlands Lane
Portishead
Bristol
BS20 6RA
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