REGISTERED NUMBER: 10389787 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2023 TO 31 DECEMBER 2024

FOR

ROOF-MAKER LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S E Nicholas

R A Owen

REGISTERED OFFICE:

Unit 2 Pinfold Road

Thurmaston

Leicester

LE4 8AS

REGISTERED NUMBER:

10389787 (England and Wales)

ACCOUNTANTS:

Magma Audit LLP

Unit 2 Charnwood Edge Business Park

Syston Road, Leicester

LE7 4UZ

Magma Audit LLP is part

Of the Dains Group

FIXED ASSETS

Intangible assets

4

484,256

793,739

Tangible assets

5

260,416

333,718

744,672

1,127,457

CURRENT ASSETS

Stocks

865,897

826,115

Debtors

6

246,867

315,835

Cash at bank and in hand

600,976

698,556

1,713,740

1,840,506

CREDITORS

Amounts falling due within one year

7

(1,712,933

)

(2,188,123

)

NET CURRENT ASSETS/(LIABILITIES)

807

(347,617

)

TOTAL ASSETS LESS CURRENT LIABILITIES

745,479

779,840

PROVISIONS FOR LIABILITIES

(80,065

)

(330,065

)

NET ASSETS

665,414

449,775

CAPITAL AND RESERVES

Called up share capital

30,000,000

30,000,000

Retained earnings

(29,334,586

)

(29,550,225

)

665,414

449,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings 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:

R A Owen - Director

1.	STATUTORY INFORMATION

Roof-Maker Ltd is a limited company, registered in England and Wales. Its registered office address is Unit 2 Pinfold Road, Thurmaston, Leicester, England, LE4 8AS and the registered number is 10389787.

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 presentational currency of the financial statements is the Pound Sterling (£) and amounts are rounded to the nearest £1.

Related party exemption

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.

Turnover

Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Rendering of goods

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Intangible assets

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

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

Software

3 years

Patents & licences

10 years

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Depreciation is provided on the following basis:

Plant and equipment

10% straight line

Fixtures and fittings

25% straight line

Computers

25% straight line

Motor vehicles

25% straight line

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 cost and replacement cost, adjusted where applicable for any loss of service potential.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Financial instruments

(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate.

Taxation

The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Operating leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments 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 period was 54 (2023 - 61 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

Computer

Goodwill

licences

software

Totals

£

£

£

£

COST

At 1 November 2023

and 31 December 2024

27,852,782

2,546,354

559,652

30,958,788

AMORTISATION

At 1 November 2023

27,852,781

1,767,097

545,171

30,165,049

Amortisation for period

-

297,074

12,409

309,483

At 31 December 2024

27,852,781

2,064,171

557,580

30,474,532

NET BOOK VALUE

At 31 December 2024

1

482,183

2,072

484,256

At 31 October 2023

1

779,257

14,481

793,739

5.	TANGIBLE FIXED ASSETS

Freehold

Fixtures

land &

Plant and

and

buildings

machinery

fittings

£

£

£

COST

At 1 November 2023

-

275,878

168,123

Additions

10,000

-

-

Disposals

-

-

-

At 31 December 2024

10,000

275,878

168,123

DEPRECIATION

At 1 November 2023

-

169,222

149,052

Charge for period

-

31,595

14,860

Eliminated on disposal

-

-

-

At 31 December 2024

-

200,817

163,912

NET BOOK VALUE

At 31 December 2024

10,000

75,061

4,211

At 31 October 2023

-

106,656

19,071

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2023

258,854

126,922

829,777

Additions

63,387

-

73,387

Disposals

(20,030

)

-

(20,030

)

At 31 December 2024

302,211

126,922

883,134

DEPRECIATION

At 1 November 2023

71,472

106,313

496,059

Charge for period

83,942

13,347

143,744

Eliminated on disposal

(17,085

)

-

(17,085

)

At 31 December 2024

138,329

119,660

622,718

NET BOOK VALUE

At 31 December 2024

163,882

7,262

260,416

At 31 October 2023

187,382

20,609

333,718

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

41,368

34,845

Amounts owed by group undertakings

-

173,534

Other debtors

205,499

107,456

246,867

315,835

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

765,064

1,262,478

Taxation and social security

431,524

488,359

Other creditors

516,345

437,286

1,712,933

2,188,123

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

25,625

25,625

Between one and five years

106,771

132,396

132,396

158,021