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REGISTERED NUMBER: 04611588 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Capital Roofing Centre Limited

Capital Roofing Centre Limited (Registered number: 04611588)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Capital Roofing Centre Limited (Registered number: 04611588)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 507,430 359,902
507,430 359,902

CURRENT ASSETS
Stocks 720,317 621,551
Debtors 6 481,401 513,321
Cash at bank and in hand 1,160,748 1,343,862
2,362,466 2,478,734
CREDITORS
Amounts falling due within one year 7 618,111 737,940
NET CURRENT ASSETS 1,744,355 1,740,794
TOTAL ASSETS LESS CURRENT LIABILITIES 2,251,785 2,100,696

CREDITORS
Amounts falling due after more than one year 8 (15,000 ) -

PROVISIONS FOR LIABILITIES (123,192 ) (89,975 )
NET ASSETS 2,113,593 2,010,721

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 2,103,593 2,000,721
SHAREHOLDERS' FUNDS 2,113,593 2,010,721

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

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

Capital Roofing Centre Limited (Registered number: 04611588)

Balance Sheet - continued
31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by:





Mr W E Johnson - Director


Capital Roofing Centre Limited (Registered number: 04611588)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Capital Roofing Centre Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04611588

Registered office: Salem Street
Etruria
Stoke On Trent
Staffordshire
ST1 5PR

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.

Goodwill
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at costs less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and has now been fully amortised over its expected life, which was 5 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.
Improvements to property - 10% on reducing balance
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Capital Roofing Centre Limited (Registered number: 04611588)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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
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.

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 16 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 15,000
AMORTISATION
At 1 January 2024
and 31 December 2024 15,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

Capital Roofing Centre Limited (Registered number: 04611588)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 29,180 594,131 42,013
Additions - 200,154 -
At 31 December 2024 29,180 794,285 42,013
DEPRECIATION
At 1 January 2024 18,125 292,712 30,792
Charge for year 1,106 66,390 2,805
At 31 December 2024 19,231 359,102 33,597
NET BOOK VALUE
At 31 December 2024 9,949 435,183 8,416
At 31 December 2023 11,055 301,419 11,221

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 65,999 - 731,323
Additions 23,553 4,336 228,043
At 31 December 2024 89,552 4,336 959,366
DEPRECIATION
At 1 January 2024 29,792 - 371,421
Charge for year 10,033 181 80,515
At 31 December 2024 39,825 181 451,936
NET BOOK VALUE
At 31 December 2024 49,727 4,155 507,430
At 31 December 2023 36,207 - 359,902

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
Additions 51,250
At 31 December 2024 51,250
DEPRECIATION
Charge for year 2,563
At 31 December 2024 2,563
NET BOOK VALUE
At 31 December 2024 48,687

Capital Roofing Centre Limited (Registered number: 04611588)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 415,318 443,413
Other debtors 66,083 69,908
481,401 513,321

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 20,000 -
Trade creditors 371,365 264,732
Amounts owed to group undertakings - 199,656
Taxation and social security 195,165 255,997
Other creditors 31,581 17,555
618,111 737,940

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 15,000 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 35,000 -

Hire purchase creditors are secured on the related fixed assets.

10. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £99,773 (2023 £267,883). These financial commitments represent the total amount of payments remaining on leases ending between 2026 and 2030.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
Mrs P J Johnson and Mr W E Johnson
Balance outstanding at start of year - 8,160
Amounts advanced - 144,084
Amounts repaid - (152,244 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is First Trilogy Holdings Limited.