REGISTERED NUMBER: 01056457 (England and Wales)

Unaudited Financial Statements

for the Year Ended

30 June 2025

for

Ascon Industrial Roofing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S J Carter

SECRETARY:

Mrs T A Carter

REGISTERED OFFICE:

Hope Street

Dudley

West Midlands

DY2 8RS

REGISTERED NUMBER:

01056457 (England and Wales)

ACCOUNTANTS:

Nicklin Accountancy Services Limited

Chartered Accountants

Church Court

Stourbridge Road

Halesowen

West Midlands

B63 3TT

FIXED ASSETS

Tangible assets

4

15,094

19,892

CURRENT ASSETS

Stocks

9,000

9,000

Debtors

5

120,823

195,015

Cash at bank and in hand

436,141

303,224

565,964

507,239

CREDITORS

Amounts falling due within one year

6

313,042

286,279

NET CURRENT ASSETS

252,922

220,960

TOTAL ASSETS LESS CURRENT LIABILITIES

268,016

240,852

CREDITORS

Amounts falling due after more than one year

7

17,579

31,131

NET ASSETS

250,437

209,721

CAPITAL AND RESERVES

Called up share capital

675

675

Capital redemption reserve

325

325

Retained earnings

249,437

208,721

SHAREHOLDERS' FUNDS

250,437

209,721

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 14 August 2025 and were signed by:

S J Carter - Director

1.	STATUTORY INFORMATION

Ascon Industrial 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.

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.

Buildings - 2% on cost

Plant & Machinery - 15% on reducing balance

Fixtures & Fittings - 15% - 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.

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 balance sheet date.

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

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

119,581

DEPRECIATION

At 1 July 2024

99,689

Charge for year

4,798

At 30 June 2025

104,487

NET BOOK VALUE

At 30 June 2025

15,094

At 30 June 2024

19,892

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

68,144

145,130

Prepayments and accrued income

52,679

49,885

120,823

195,015

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

3,410

3,410

Trade creditors

72,239

124,482

Amounts owed to group undertakings

176,794

120,491

Tax

17,809

1,944

Social security and other taxes

13,570

3,340

Other creditors

14,970

15,362

Accrued expenses

4,250

7,250

313,042

286,279

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

2,207

10,000

Bank loans - 2-5 years

-

2,349

Hire purchase contracts

15,372

18,782

17,579

31,131

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

12,207

22,349

Hire purchase contracts

18,782

22,192

30,989

44,541

9.	RELATED PARTY DISCLOSURES

At the year end a balance of £176,794 (2024 £120,491) was owed to Ascon Holdings Limited.

During the year a rental charge was incurred of £50,000 (2024: £50,000) with Ascon Holdings Limited

During the year a dividend of £Nil has been issued (2024:£Nil).