2024-01-01 05990545 2024-12-31 05990545 2024-01-01 2024-12-31 05990545 2023-12-31 05990545 2023-01-01 2023-12-31 05990545 uk-core:WithinOneYear 2023-12-31 05990545 uk-core:WithinOneYear 2024-12-31 05990545 uk-core:AfterOneYear 2023-12-31 05990545 uk-core:AfterOneYear 2024-12-31 05990545 uk-core:ShareCapital 2024-12-31 05990545 uk-core:ShareCapital 2023-12-31 05990545 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 05990545 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 05990545 uk-bus:Director1 2024-01-01 2024-12-31 05990545 uk-core:NetGoodwill 2024-01-01 2024-12-31 05990545 uk-core:MotorVehicles 2024-01-01 2024-12-31 05990545 uk-core:ToolsEquipment 2024-01-01 2024-12-31 05990545 uk-core:ToolsEquipment 2023-12-31 05990545 uk-core:MotorVehicles 2023-12-31 05990545 uk-core:MotorVehicles 2024-12-31 05990545 uk-core:ToolsEquipment 2024-12-31 iso4217:GBP xbrli:pure 05990545 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 05990545 uk-bus:FRS102 2024-01-01 2024-12-31 05990545 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 05990545 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Roofseal (North Wales) Ltd
Registered Number:05990545
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Roofseal (North Wales) Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
05990545
As at 31 December 2024
Roofseal (North Wales) Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
3,830
3,830
2
3,830
3,830
Current assets
Inventories
500
500
3
Trade and other receivables
12,552
285
4
9,800
Cash and cash equivalents
33,347
34,132
22,852
Trade and other payables: amounts falling due within one
year
(5,877)
(6,157)
5
16,975
27,975
Net current assets
Total assets less current liabilities
31,805
20,805
Trade and other payables: amounts falling due after more
than one year
(47,269)
(36,402)
6
(728)
(728)
Provisions for liabilities
(5,325)
Net liabilities
(27,192)
Capital and reserves
Called up share capital
1
1
Retained earnings
(5,326)
(27,193)
(5,325)
(27,192)
Shareholders' funds
For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr G Hughes Director
These financial statements were approved and authorised for issue by the Board on 05 August 2025 and were signed by:
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4
Registered Number :
05990545
For the year ended 31 December 2024
Roofseal (North Wales) Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 December 2024
Roofseal (North Wales) Ltd
Notes to the Financial Statements
Statutory Information
Roofseal (North Wales) Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05990545.
Registered address:
87 Queens Avenue
Flint
Flintshire
CH6 5JP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of 10 years.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
10% per annum on cost
Motor Vehicles
10% per annum on cost
Tools and Equipment
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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.
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6
For the year ended 31 December 2024
Roofseal (North Wales) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Tools and
Equipment
Motor Vehicles
£
£
£
Cost or
valuation
At 01 January 2024
13,667
4,215
9,452
At 31 December 2024
9,452
4,215
13,667
Provision for depreciation and impairment
At 01 January 2024
9,837
4,215
5,622
At 31 December 2024
9,837
4,215
5,622
At 31 December 2024
Net book value
3,830
-
3,830
At 31 December 2023
3,830
-
3,830
3. Inventories
2023
2024
£
£
Stocks
500
500
4. Trade and other receivables
2023
2024
£
£
Trade debtors
-
12,552
Taxation and social security
285
-
12,552
285
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
595
1,165
Taxation and social security
5,562
4,712
6,157
5,877
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7
For the year ended 31 December 2024
Roofseal (North Wales) Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
47,269
36,402
Directors' loan accounts
7. Average number of persons employed
During the year the average number of employees was 4 (2023 : 3)
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