IRIS Accounts Production v25.1.4.42 01262204 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh012622042024-01-31012622042025-01-31012622042024-02-012025-01-31012622042023-01-31012622042023-02-012024-01-31012622042024-01-3101262204ns15:EnglandWales2024-02-012025-01-3101262204ns14:PoundSterling2024-02-012025-01-3101262204ns10:Director12024-02-012025-01-3101262204ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3101262204ns10:SmallEntities2024-02-012025-01-3101262204ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3101262204ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3101262204ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3101262204ns10:FullAccounts2024-02-012025-01-3101262204ns10:OrdinaryShareClass12024-02-012025-01-3101262204ns10:Director42024-02-012025-01-3101262204ns10:Director52024-02-012025-01-3101262204ns10:Director62024-02-012025-01-3101262204ns10:Director72024-02-012025-01-3101262204ns10:RegisteredOffice2024-02-012025-01-3101262204ns5:CurrentFinancialInstruments2025-01-3101262204ns5:CurrentFinancialInstruments2024-01-3101262204ns5:Non-currentFinancialInstruments2025-01-3101262204ns5:Non-currentFinancialInstruments2024-01-3101262204ns5:ShareCapital2025-01-3101262204ns5:ShareCapital2024-01-3101262204ns5:FurtherSpecificReserve1ComponentTotalEquity2025-01-3101262204ns5:FurtherSpecificReserve1ComponentTotalEquity2024-01-3101262204ns5:RetainedEarningsAccumulatedLosses2025-01-3101262204ns5:RetainedEarningsAccumulatedLosses2024-01-3101262204ns5:LeaseholdImprovements2024-02-012025-01-3101262204ns5:FurnitureFittings2024-02-012025-01-3101262204ns5:MotorVehicles2024-02-012025-01-3101262204ns5:LeaseholdImprovements2024-01-3101262204ns5:FurnitureFittings2024-01-3101262204ns5:MotorVehicles2024-01-3101262204ns5:LeaseholdImprovements2025-01-3101262204ns5:FurnitureFittings2025-01-3101262204ns5:MotorVehicles2025-01-3101262204ns5:LeaseholdImprovements2024-01-3101262204ns5:FurnitureFittings2024-01-3101262204ns5:MotorVehicles2024-01-3101262204ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-01-3101262204ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-02-012025-01-3101262204ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2025-01-3101262204ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-01-3101262204ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3101262204ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3101262204ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2025-01-3101262204ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-01-3101262204ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2025-01-3101262204ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-01-3101262204ns5:HirePurchaseContracts2025-01-3101262204ns5:HirePurchaseContracts2024-01-3101262204ns5:WithinOneYear2025-01-3101262204ns5:WithinOneYear2024-01-3101262204ns10:OrdinaryShareClass12025-01-31
REGISTERED NUMBER: 01262204 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

FENLAND FLAT ROOFING LIMITED

FENLAND FLAT ROOFING LIMITED (REGISTERED NUMBER: 01262204)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FENLAND FLAT ROOFING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: A R Bacon
D Stark
C Preston
D Dean
S Felgate





REGISTERED OFFICE: 9 High Green
Great Shelford
Cambridge
Cambridgeshire
CB22 5EG





REGISTERED NUMBER: 01262204 (England and Wales)





ACCOUNTANTS: Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

FENLAND FLAT ROOFING LIMITED (REGISTERED NUMBER: 01262204)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 5 288,436 279,873

CURRENT ASSETS
Stocks 88,220 63,801
Debtors 6 4,758,344 2,829,859
Cash at bank 1,334,101 1,873,821
6,180,665 4,767,481
CREDITORS
Amounts falling due within one year 7 1,350,069 1,201,753
NET CURRENT ASSETS 4,830,596 3,565,728
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,119,032

3,845,601

CREDITORS
Amounts falling due after more than one
year

8

(53,331

)

(16,682

)

PROVISIONS FOR LIABILITIES (42,715 ) (38,230 )
NET ASSETS 5,022,986 3,790,689

CAPITAL AND RESERVES
Called up share capital 11 100 100
Other reserves 200 200
Retained earnings 5,022,686 3,790,389
SHAREHOLDERS' FUNDS 5,022,986 3,790,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

FENLAND FLAT ROOFING LIMITED (REGISTERED NUMBER: 01262204)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2025


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2025 and were signed on its behalf by:





A R Bacon - Director


FENLAND FLAT ROOFING LIMITED (REGISTERED NUMBER: 01262204)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Fenland Flat Roofing Limited 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Contract revenue within turnover includes the value of work completed during the financial year after reference to the total sales value and the stage of completion of the contract, as detailed more fully below.

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 cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the statement of financial position. 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.

FENLAND FLAT ROOFING LIMITED (REGISTERED NUMBER: 01262204)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


3. ACCOUNTING POLICIES - continued

AMOUNTS RECOVERABLE ON CONTRACTS
Profit on long-term contracts is taken as the work is carried out if the final outcome can be assessed with reasonable certainty. The profit included is calculated on a prudent basis to reflect the proportion of the work carried out at the year end, by recording turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs incurred to date bear to total costs expected for the contract. Revenues derived from variations on contracts are recognised only when they have been accepted by the customer. Full provision is made for losses on all contracts in the year in which they are first foreseen.

DEBTORS AND CREDITORS RECEIVABLE/PAYABLE WITHIN ONE YEAR
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in administrative expenses.

TAX
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. it is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 22 ) .

FENLAND FLAT ROOFING LIMITED (REGISTERED NUMBER: 01262204)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


5. TANGIBLE FIXED ASSETS
Fixtures
Improvements and Motor
to property fittings vehicles Totals
£ £ £ £
COST
At 1 February 2024 99,881 182,271 341,328 623,480
Additions - 14,346 123,327 137,673
Disposals - (69,592 ) (84,644 ) (154,236 )
At 31 January 2025 99,881 127,025 380,011 606,917
DEPRECIATION
At 1 February 2024 62,225 139,966 141,416 343,607
Charge for year 9,988 11,918 64,409 86,315
Eliminated on disposal - (67,535 ) (43,906 ) (111,441 )
At 31 January 2025 72,213 84,349 161,919 318,481
NET BOOK VALUE
At 31 January 2025 27,668 42,676 218,092 288,436
At 31 January 2024 37,656 42,305 199,912 279,873

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£
COST
At 1 February 2024 188,218
Additions 123,327
Transfer to ownership (134,367 )
At 31 January 2025 177,178
DEPRECIATION
At 1 February 2024 75,644
Charge for year 40,391
Transfer to ownership (75,735 )
At 31 January 2025 40,300
NET BOOK VALUE
At 31 January 2025 136,878
At 31 January 2024 112,574

FENLAND FLAT ROOFING LIMITED (REGISTERED NUMBER: 01262204)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


6. DEBTORS
2025 2024
£ £
Amounts falling due within one year:
Trade debtors 269,448 40,118
Amounts owed by group undertakings 2,206,611 277,086
Amounts recoverable on
contracts 1,329,894 1,438,775
Other debtors 1,095 1,462
VAT 112,548 93,910
Prepayments and accrued income 328,493 484,632
4,248,089 2,335,983

Amounts falling due after more than one year:
Amounts recoverable on
contracts 510,255 493,876
510,255 493,876

Aggregate amounts 4,758,344 2,829,859

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Hire purchase contracts (see note 9) 38,178 33,255
Trade creditors 827,496 792,691
Tax 219,713 133,211
Social security and other taxes 64,013 72,236
Other creditors 1,655 350
Accruals and deferred income 199,014 170,010
1,350,069 1,201,753

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£ £
Hire purchase contracts (see note 9) 53,331 16,682

FENLAND FLAT ROOFING LIMITED (REGISTERED NUMBER: 01262204)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2025 2024
£ £
Net obligations repayable:
Within one year 38,178 33,255
Between one and five years 53,331 16,682
91,509 49,937

Non-cancellable
operating leases
2025 2024
£ £
Within one year - 959

10. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£ £
Hire purchase contracts 91,509 49,937

Hire purchase contracts are secured against the relevant assets.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
100 Ordinary £1 100 100

12. RELATED PARTY DISCLOSURES

At the year end, the company had a debtor of £2,206,611 (2024 - £277,086) owed by its parent company. The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', to not disclose related party transactions with its parent company.

During the year, the company paid rent of £1,111 (2024 - £6,667) to a director, £33,888 (2024 - £22,933) to a business operated by members of that director's family and £7,000 (2024 - nil) to a company owned by a director.

FENLAND FLAT ROOFING LIMITED (REGISTERED NUMBER: 01262204)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


13. PARENT COMPANY

The company is a subsidiary of Fenland Holdings Ltd, a company incorporated in England and Wales.

The registered office of Fenland Holdings Ltd is situated at 9 High Green, Great Shelford, Cambridge, CB22 5EG.

The company and parent are controlled by Fenland Holdings Employee Ownership Trust following the purchases of 100% of the shares of the parent company by the Trust on 1 February 2024.