REGISTERED NUMBER: 01319830 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

J.H. & R.R. Mundy (Roofing Supplies)

Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

R R Mundy

SECRETARY:

Ms J J Mundy

REGISTERED OFFICE:

5 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

REGISTERED NUMBER:

01319830 (England and Wales)

ACCOUNTANTS:

Henry Reeves & Co Limited

Chartered Certified Accountants

5 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

FIXED ASSETS

Tangible assets

4

117,837

51,178

CURRENT ASSETS

Stocks

495,000

287,300

Debtors

5

925,879

663,044

Investments

6

1,079,502

1,065,744

Cash at bank and in hand

1,819,758

1,599,796

4,320,139

3,615,884

CREDITORS

Amounts falling due within one year

7

1,455,188

879,884

NET CURRENT ASSETS

2,864,951

2,736,000

TOTAL ASSETS LESS CURRENT LIABILITIES

2,982,788

2,787,178

PROVISIONS FOR LIABILITIES

24,658

6,846

NET ASSETS

2,958,130

2,780,332

CAPITAL AND RESERVES

Called up share capital

150

200

Retained earnings

2,957,980

2,780,132

2,958,130

2,780,332

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

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

R R Mundy - Director

1.	COMPANY INFORMATION

J.H. & R.R. Mundy (Roofing Supplies) 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 measure 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 form the rendering of services.

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.

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.

Tangible fixed assets

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives of the following basis:

Land and buildings Leasehold over the term of the lease

Plant and machinery 25% reducing balance

Fixtures, fittings & equipment 25% reducing balance

Motor vehicles 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

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.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 May 2024

14,932

33,599

43,485

216,868

308,884

Additions

-

-

-

106,313

106,313

At 30 April 2025

14,932

33,599

43,485

323,181

415,197

DEPRECIATION

At 1 May 2024

13,067

32,395

35,614

176,630

257,706

Charge for year

747

301

1,968

36,638

39,654

At 30 April 2025

13,814

32,696

37,582

213,268

297,360

NET BOOK VALUE

At 30 April 2025

1,118

903

5,903

109,913

117,837

At 30 April 2024

1,865

1,204

7,871

40,238

51,178

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

490,649

216,366

Other debtors

435,230

446,678

925,879

663,044

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

1,079,502

1,065,744

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

464,760

161,321

Taxation and social security

504,379

161,632

Other creditors

486,049

556,931

1,455,188

879,884

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within other creditors is an amount of £56,056 (2024: £190,519) owed to R Mundy in respect of his directors loan account.

9.	RELATED PARTY DISCLOSURES