REGISTERED NUMBER: 14772486 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NATIONWIDE ROOFING REPAIRS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Cooper-Atkins

H R Cooper-Atkins

REGISTERED OFFICE:

c/o Philip Barnes & Co Limited

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

REGISTERED NUMBER:

14772486 (England and Wales)

AUDITORS:

Philip Barnes & Co Limited

Chartered Accountants

Statutory Auditors

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

4

99,682

100,027

CURRENT ASSETS

Debtors

5

366,141

179,068

Cash at bank

7,854

41,428

373,995

220,496

CREDITORS

Amounts falling due within one year

6

190,400

197,726

NET CURRENT ASSETS

183,595

22,770

TOTAL ASSETS LESS CURRENT LIABILITIES

283,277

122,797

CREDITORS

Amounts falling due after more than one year

7

(18,528

)

-

PROVISIONS FOR LIABILITIES

(24,920

)

(25,007

)

NET ASSETS

239,829

97,790

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

239,729

97,690

239,829

97,790

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

H R Cooper-Atkins - Director

1.	STATUTORY INFORMATION

Nationwide Roofing Repairs Ltd 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

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

-

33% on cost

Motor vehicles

-

25% reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

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.

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

The average number of employees during the year was 5 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

3,745

91,982

13,987

109,714

Additions

-

26,564

1,035

27,599

At 31 December 2024

3,745

118,546

15,022

137,313

DEPRECIATION

At 1 January 2024

203

6,974

2,510

9,687

Charge for year

1,235

21,978

4,731

27,944

At 31 December 2024

1,438

28,952

7,241

37,631

NET BOOK VALUE

At 31 December 2024

2,307

89,594

7,781

99,682

At 31 December 2023

3,542

85,008

11,477

100,027

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

Motor

vehicles

£

COST

Additions

26,564

At 31 December 2024

26,564

DEPRECIATION

Charge for year

726

At 31 December 2024

726

NET BOOK VALUE

At 31 December 2024

25,838

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

(Unaudited)

£

£

Trade debtors

261,546

166,107

Amounts owed by group undertakings

57,825

-

Other debtors

46,770

12,961

366,141

179,068

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

(Unaudited)

£

£

Hire purchase contracts

5,204

-

Trade creditors

68,481

66,752

Taxation and social security

64,261

7,676

Other creditors

52,454

123,298

190,400

197,726

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

(Unaudited)

£

£

Hire purchase contracts

18,528

-

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Faith Bates FCA, FCCA (Senior Statutory Auditor)

for and on behalf of Philip Barnes & Co Limited

9.	RELATED PARTY DISCLOSURES

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', not to disclose related party transactions with wholly owned subsidiaries within the group.

Transactions with entities in which the directors have control, joint control or significant influence over the entity;

2024

2023

£

£

Sales

1,625

-

Purchases

19,435

-

Amount due to related parties

24,400

103,298

2024

2023

£

£

Amounts due from key management personnel

400

-

10.	ULTIMATE PARENT COMPANY

The company's ultimate parent company, COAT Facilities Group Limited (Company number: 15387491), includes the company in it's consolidated financial statements and these are available at its registered office which is C/O Philip Barnes & Co Limited, The Old Council Chambers, Halford Street, Tamworth, B79 7RB.

11.	GUARANTEES AND SECURITIES

The company has provided security by way of fixed and floating charges over it's assets to Cynergy Business Finance Limited on behalf of Diamond Facilities Support Limited, a fellow subsidiary within the group as at the year-end.