Company registration number: 03998704
Unaudited financial statements
for the year ended 31 March 2025
for
Crown Roofing Specialists Limited
Pages for filing with the Registrar
Company registration number: 03998704
Crown Roofing Specialists Limited
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 118,687 151,656
Tangible assets 5 49,340 60,074
168,027 211,730
Current assets
Stocks 40,000 191,285
Debtors 179,341 164,773
Cash at bank and in hand 135,145 119,427
354,486 475,485
Creditors: amounts falling due within one
year 		(149,897) (197,246)
Net current assets 204,589 278,239
Total assets less current liabilities 372,616 489,969
Provisions for liabilities (9,375) (11,414)
NET ASSETS 363,241 478,555
Capital and reserves
Called up share capital 300 300
Profit and loss account 362,941 478,255
TOTAL EQUITY 363,241 478,555
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 03998704
Crown Roofing Specialists Limited
Balance sheet - continued
as at 31 March 2025
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 to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 27 October 2025 and signed on its behalf by:
Mrs J Painter, Director Mr S Painter, Director
27 October 2025 27 October 2025
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Crown Roofing Specialists Limited
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Crown Roofing Specialists Limited is a private company registered in England and Wales. Its registered number is 03998704. The company is limited by shares. Its registered office is 2 Collington Avenue, Bexhill-on-Sea, East Sussex, TN39 3QA.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
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 etc.:
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line
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Crown Roofing Specialists Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
Taxation
Taxation for the year comprises current and deferred taxation. 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 8 (2024 - 8).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2024 263,750
At 31 March 2025 263,750
4
Crown Roofing Specialists Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
4 Intangible assets - continued
Amortisation
At 1 April 2024 112,094
Charge for year 32,969
At 31 March 2025 145,063
Net book value
At 31 March 2025 118,687
At 31 March 2024 151,656
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 158,828
Additions 28,498
Disposals (43,100)
At 31 March 2025 144,226
Depreciation
At 1 April 2024 98,754
Charge for year 22,565
Eliminated on disposal (26,433)
At 31 March 2025 94,886
Net book value
At 31 March 2025 49,340
At 31 March 2024 60,074
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