Derwent Roofing Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03841371

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		113,841		146,891

			113,841		146,891
CURRENT ASSETS
Stocks	5	60,000		2,000
Debtors	6	188,757		234,497
Cash at bank and in hand		39,835		81,270

		288,592		317,767
Creditors: Amounts Falling Due Within One Year	7	(138,917 )		(124,071 )

NET CURRENT ASSETS (LIABILITIES)			149,675		193,696

TOTAL ASSETS LESS CURRENT LIABILITIES			263,516		340,587

Creditors: Amounts Falling Due After More Than One Year	8		(1,667 )		(13,303 )

NET ASSETS			261,849		327,284

CAPITAL AND RESERVES
Called up share capital	10		4		4
Profit and Loss Account			261,845		327,280

SHAREHOLDERS' FUNDS			261,849		327,284

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Derwent Roofing Services Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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 Scott Henshaw

Director

9 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Derwent Roofing Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03841371 . The registered office is Unit 1, Elizabeth Court, Manners Avenue, Manners Industrial Estate, Ilkeston, Derbyshire, DE7 8EF.

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. 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 and from the rendering of services. 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.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Straight Line
Motor Vehicles	25% Straight Line
Fixtures & Fittings	20% Straight Line
Computer Equipment	20% Straight Line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. 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.

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Derwent Roofing Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 10)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	44,667	251,546	14,761	1,099	312,073
Additions	4,166	25,499	-	-	29,665
Disposals	-	(36,517 )	-	-	(36,517 )

As at 31 March 2025	48,833	240,528	14,761	1,099	305,221

Depreciation
As at 1 April 2024	29,374	120,405	14,761	642	165,182
Provided during the period	6,612	55,883	-	220	62,715
Disposals	-	(36,517 )	-	-	(36,517 )

As at 31 March 2025	35,986	139,771	14,761	862	191,380

Net Book Value
As at 31 March 2025	12,847	100,757	-	237	113,841

As at 1 April 2024	15,293	131,141	-	457	146,891

5. Stocks

	2025	2024
	£	£
Stock	60,000	2,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	176,273	234,138
Other debtors	64	59
VAT	12,420	300

	188,757	234,497

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Derwent Roofing Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,636	4,468
Trade creditors	91,686	62,295
Bank loans and overdrafts	10,000	11,237
Corporation tax	6,316	10,616
Other taxes and social security	18,892	23,067
Other creditors (1)	500	500
Other creditors (2)	2,750	4,751
Directors' loan accounts	7,137	7,137

	138,917	124,071

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	1,636
Bank loans	1,667	11,667

	1,667	13,303

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	1,636	4,468
Later than one year and not later than five years	-	1,636

	1,636	6,104

	1,636	6,104

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4	4

11. Related Party Transactions

The company paid rent to the Directors of £18000 (2024 £18000)

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