MERLIN TRULINE ROOFING LIMITED


Directors	BAILEY, Kevin
	BELFIELD, Wayne Andrew
	CAYLEY, Deborah Jane
	CAYLEY, Vance John


Company Secretary	CAYLEY, Deborah Jane


Registered Address	1 Gemini Court
	42a Throwley Way
	Sutton
	SM1 4AF


Registered Number	05289079 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		14,608		30,390
			14,608		30,390
Current assets
Stocks	4	1,500		1,500
Debtors	5	180,068		177,670
Cash at bank and on hand		102,237		30,105
		283,805		209,275
Creditors amounts falling due within one year	6	(274,696)		(198,591)
Net current assets (liabilities)			9,109		10,684
Total assets less current liabilities			23,717		41,074
Creditors amounts falling due after one year	7		(10,899)		(26,811)
Provisions for liabilities	9		(3,214)		(6,686)
Net assets			9,604		7,577
Capital and reserves
Called up share capital			100		100
Profit and loss account			9,504		7,477
Shareholders' funds			9,604		7,577

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 October 2025, and are signed on its behalf by:

CAYLEY, Deborah Jane
Director
Registered Company No. 05289079

MERLIN TRULINE ROOFING LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

	Employee benefits
	The company operated 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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	33
	Vehicles	25
	Office Equipment	33

	Finance leases and hire purchase contracts
	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. Tthe 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.

Finance leases and hire purchase contracts

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. Tthe 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.

	Stocks and work in progress
	Inventories are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	9		6

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	787	75,612	1,205	77,604
Disposals	-	(33,594)	-	(33,594)
At 31 March 25	787	42,018	1,205	44,010
Depreciation and impairment
At 01 April 24	787	45,544	883	47,214
Charge for year	-	7,223	158	7,381
On disposals	-	(25,193)	-	(25,193)
At 31 March 25	787	27,574	1,041	29,402
Net book value
At 31 March 25	-	14,444	164	14,608
At 31 March 24	-	30,068	322	30,390

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	1,500	1,500
Total	1,500	1,500

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	174,688	177,670
Other debtors	5,380	-
Total	180,068	177,670

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	195,682	138,598
Taxation and social security	65,682	41,419
Finance lease and HP contracts	9,427	14,736
Other creditors	3,905	3,838
Total	274,696	198,591

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	10,899	26,811
Total	10,899	26,811

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	20,326		41,547

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	3,214	6,686
Total	3,214	6,686

10.	Further information regarding the company's financial position
	Debenture The company has entered into Debenture on 09/11/2010 with National Westminster Bank PLC by fixed and floating charge over the undertaking and all property and assets present and future.