Hestwey Roofing Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05056745 (England and Wales)

Unaudited Financial Statements For The Year Ended 28 February 2025

for

Hestwey Roofing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B F Bunce

Mrs J Bunce

SECRETARY:

REGISTERED OFFICE:

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

REGISTERED NUMBER:

05056745 (England and Wales)

ACCOUNTANTS:

Hunt Ford & Co

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

14,892

18,614

14,892

18,614

CURRENT ASSETS

Debtors

6

10,912

Cash at bank

400,146

354,914

411,058

365,826

CREDITORS

Amounts falling due within one year

7

85,043

90,305

NET CURRENT ASSETS

326,015

275,521

TOTAL ASSETS LESS CURRENT
LIABILITIES

340,907

294,135

CREDITORS

Amounts falling due after more than
one year

8

10,870

16,875

NET ASSETS

330,037

277,260

CAPITAL AND RESERVES

Called up share capital

9

102

Retained earnings

10

329,935

277,158

SHAREHOLDERS' FUNDS

330,037

277,260

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2025 and were signed on its behalf by:

B F Bunce - Director

Mrs J Bunce - Director

1.	STATUTORY INFORMATION

Hestwey Roofing 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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.

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 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2024

and 28 February 2025

20,000

AMORTISATION

At 1 March 2024

and 28 February 2025

20,000

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 March 2024

and 28 February 2025

12,737

53,049

1,746

67,532

DEPRECIATION

At 1 March 2024

11,643

35,729

1,546

48,918

Charge for year

218

3,464

40

3,722

At 28 February 2025

11,861

39,193

1,586

52,640

NET BOOK VALUE

At 28 February 2025

876

13,856

160

14,892

At 29 February 2024

1,094

17,320

200

18,614

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/25

29/2/24

£

Trade debtors

10,912

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/25

29/2/24

£

Trade creditors

1,578

2,012

NatWest Business Credit card

549

1,645

NatWest One Credit card

1,541

788

Tax

54,835

56,122

Social security and other taxes

654

510

VAT

17,583

22,070

Directors' current accounts

4,296

3,151

Accrued expenses

4,007

85,043

90,305

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28/2/25

29/2/24

£

Bank loans - 1-2 years

10,870

16,875

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28/2/25

29/2/24

value:

£

100

Ordinary

£1

100

2

Ordinary B

£1

2

102

10.

RESERVES

Retained

earnings

£

At 1 March 2024

277,158

Profit for the year

162,777

Dividends

(110,000

)

At 28 February 2025

329,935