Acorah Software Products - Accounts Production 16.4.675 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08637252 Mr James Fleming Mr Mathew Speed Mr Nicholas Sumner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08637252 2023-12-31 08637252 2024-12-31 08637252 2024-01-01 2024-12-31 08637252 frs-core:CurrentFinancialInstruments 2024-12-31 08637252 frs-core:ShareCapital 2024-12-31 08637252 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08637252 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08637252 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08637252 frs-bus:SmallEntities 2024-01-01 2024-12-31 08637252 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08637252 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08637252 frs-bus:Director1 2024-01-01 2024-12-31 08637252 frs-bus:Director2 2024-01-01 2024-12-31 08637252 frs-bus:Director3 2024-01-01 2024-12-31 08637252 frs-countries:EnglandWales 2024-01-01 2024-12-31 08637252 2022-12-31 08637252 2023-12-31 08637252 2023-01-01 2023-12-31 08637252 frs-core:CurrentFinancialInstruments 2023-12-31 08637252 frs-core:ShareCapital 2023-12-31 08637252 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08637252
Euro Roofing Supplies Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Maurice J Bushell & Co Ltd.
Chartered Certified Accountants
Office 12
Epsilon House
Ipswich
Suffolk
IP3 9FJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08637252
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 130,684 142,598
Debtors 5 138,896 127,510
Cash at bank and in hand 2,772 2,890
272,352 272,998
Creditors: Amounts Falling Due Within One Year 6 (246,356 ) (231,477 )
NET CURRENT ASSETS (LIABILITIES) 25,996 41,521
TOTAL ASSETS LESS CURRENT LIABILITIES 25,996 41,521
NET ASSETS 25,996 41,521
CAPITAL AND RESERVES
Called up share capital 7 102 102
Profit and Loss Account 25,894 41,419
SHAREHOLDERS' FUNDS 25,996 41,521
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Fleming
Director
30 April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Euro Roofing Supplies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08637252 . The registered office is C/O Mjb Avanti, Office 12 Epsilon House, West Road, Ipswich, IP3 9FJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Stocks
2024 2023
£ £
Materials 130,684 142,598
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 114,272 106,076
Prepayments and accrued income 4,143 4,143
VAT 4,292 1,102
122,707 111,321
Due after more than one year
Amounts owed by other participating interests 16,189 16,189
138,896 127,510
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 90,067 87,603
Bank loans and overdrafts 153,540 141,858
Other taxes and social security 633 -
Accruals and deferred income 2,116 2,016
246,356 231,477
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 102 102
8. Related Party Transactions
The Directors of Euro Roofing Supplies Ltd are also Directors of Anglian Roofing Supplies Ltd who has received a loan from Euro Roofing Supplies ltd of £16,188.75 (2023: £16,188.75). 
9. Companies House Charges
Companies House has 5 outstanding charges registered against the Company in favour of HSBC for Invoice Financing Services
Page 3