REGISTERED NUMBER: 04621744 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Headington Roofing Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

G Headington

REGISTERED OFFICE:

9 Marguerite Road

Uplands

Bristol

Bristol

BS13 7BS

REGISTERED NUMBER:

04621744 (England and Wales)

ACCOUNTANTS:

P B Accountancy Ltd

17 Duckmoor Road

Ashton

Bristol

BS3 2DD

FIXED ASSETS

Tangible assets

4

88,013

27,487

CURRENT ASSETS

Stocks

15,000

56,490

Debtors

5

53,536

51,867

Cash at bank and in hand

40,569

55,160

109,105

163,517

CREDITORS

Amounts falling due within one year

6

26,624

65,593

NET CURRENT ASSETS

82,481

97,924

TOTAL ASSETS LESS CURRENT LIABILITIES

170,494

125,411

CREDITORS

Amounts falling due after more than one year

7

28,300

-

NET ASSETS

142,194

125,411

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

142,192

125,409

SHAREHOLDERS' FUNDS

142,194

125,411

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 director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 July 2025 and were signed by:

G Headington - Director

1.	STATUTORY INFORMATION

Headington Roofing Services 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.

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.

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.

Plant and machinery etc

-

25% on cost and 15% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

97,147

Additions

96,543

Disposals

(50,295

)

At 31 December 2024

143,395

DEPRECIATION

At 1 January 2024

69,660

Charge for year

32,268

Eliminated on disposal

(46,546

)

At 31 December 2024

55,382

NET BOOK VALUE

At 31 December 2024

88,013

At 31 December 2023

27,487

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2024

14,995

Additions

96,399

Transfer to ownership

(14,995

)

At 31 December 2024

96,399

DEPRECIATION

At 1 January 2024

11,246

Charge for year

24,100

Transfer to ownership

(11,246

)

At 31 December 2024

24,100

NET BOOK VALUE

At 31 December 2024

72,299

At 31 December 2023

3,749

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

as restated

£

£

Trade debtors

42,842

43,967

Other debtors

10,694

7,900

53,536

51,867

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

as restated

£

£

Hire purchase contracts

11,288

833

Trade creditors

3,421

32,642

Taxation and social security

7,166

27,359

Other creditors

4,749

4,759

26,624

65,593

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

as restated

£

£

Hire purchase contracts

28,300

-

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.24

31.12.23

as restated

£

£

G Headington

Balance outstanding at start of year

(2,684

)

(1,735

)

Amounts repaid

-

(44,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,499

)

(2,684

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is G Headington.