IRIS Accounts Production v25.4.0.155 03942324 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03942324 2024-03-31 03942324 2025-03-31 03942324 2024-04-01 2025-03-31 03942324 2023-03-31 03942324 2023-04-01 2024-03-31 03942324 2024-03-31 03942324 ns15:EnglandWales 2024-04-01 2025-03-31 03942324 ns14:PoundSterling 2024-04-01 2025-03-31 03942324 ns10:Director1 2024-04-01 2025-03-31 03942324 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03942324 ns10:SmallEntities 2024-04-01 2025-03-31 03942324 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03942324 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 03942324 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03942324 ns10:FullAccounts 2024-04-01 2025-03-31 03942324 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 03942324 ns10:Director2 2024-04-01 2025-03-31 03942324 ns10:RegisteredOffice 2024-04-01 2025-03-31 03942324 ns5:CurrentFinancialInstruments 2025-03-31 03942324 ns5:CurrentFinancialInstruments 2024-03-31 03942324 ns5:Non-currentFinancialInstruments 2025-03-31 03942324 ns5:Non-currentFinancialInstruments 2024-03-31 03942324 ns5:ShareCapital 2025-03-31 03942324 ns5:ShareCapital 2024-03-31 03942324 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03942324 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03942324 ns5:LandBuildings ns5:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03942324 ns5:PlantMachinery 2024-04-01 2025-03-31 03942324 ns5:FurnitureFittings 2024-04-01 2025-03-31 03942324 ns5:MotorVehicles 2024-04-01 2025-03-31 03942324 ns5:ComputerEquipment 2024-04-01 2025-03-31 03942324 ns5:LandBuildings 2024-03-31 03942324 ns5:PlantMachinery 2024-03-31 03942324 ns5:FurnitureFittings 2024-03-31 03942324 ns5:LandBuildings 2024-04-01 2025-03-31 03942324 ns5:LandBuildings 2025-03-31 03942324 ns5:PlantMachinery 2025-03-31 03942324 ns5:FurnitureFittings 2025-03-31 03942324 ns5:LandBuildings 2024-03-31 03942324 ns5:PlantMachinery 2024-03-31 03942324 ns5:FurnitureFittings 2024-03-31 03942324 ns5:MotorVehicles 2024-03-31 03942324 ns5:ComputerEquipment 2024-03-31 03942324 ns5:MotorVehicles 2025-03-31 03942324 ns5:ComputerEquipment 2025-03-31 03942324 ns5:MotorVehicles 2024-03-31 03942324 ns5:ComputerEquipment 2024-03-31 03942324 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 03942324 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 03942324 ns5:Secured 2025-03-31 03942324 ns5:Secured 2024-03-31 03942324 ns10:OrdinaryShareClass1 2025-03-31

REGISTERED NUMBER: 03942324 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Coverall (PVC & Canvas) Limited |

| Coverall (PVC & Canvas) Limited (Registered number: 03942324) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Coverall (PVC & Canvas) Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | D A Harrison

| Mrs G L Harrison

| REGISTERED OFFICE: | Unit 2 Cowton Way

| Durham Lane Industrial Park

| Eaglescliffe

| Stockton on Tees

| TS16 0RE

| REGISTERED NUMBER: | 03942324 (England and Wales)

| ACCOUNTANTS: | Anderson Barrowcliff Limited

| Chartered Accountants

| 3 Kingfisher Court

| Bowesfield Park

| Stockton on Tees

| TS18 3EX

| Coverall (PVC & Canvas) Limited (Registered number: 03942324) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 279,253 |  | 297,756 |  |

CURRENT ASSETS

Stocks | 12,701 |  | 15,016 |  |

Debtors | 5 | 189,615 |  | 253,053 |  |

Cash at bank | 156,065 |  | 114,884 |  |

358,381 |  | 382,953 |  |

CREDITORS

Amounts falling due within one year | 6 | 98,510 |  | 91,903 |  |

NET CURRENT ASSETS | 259,871 |  | 291,050 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 539,124 |  | 588,806 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (143,583 | ) | (153,292 | ) |

PROVISIONS FOR LIABILITIES | (15,633 | ) | (18,931 | ) |

NET ASSETS | 379,908 |  | 416,583 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 11,000 |  | 11,000 |  |

Retained earnings | 368,908 |  | 405,583 |  |

SHAREHOLDERS' FUNDS | 379,908 |  | 416,583 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 2 December 2025 and were signed on its behalf by:

D A Harrison - Director

| Coverall (PVC & Canvas) Limited (Registered number: 03942324) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Coverall (PVC & Canvas) 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.

| The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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 significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

| Turnover

| Turnover represents net invoiced sales of goods which is equivalent to the fair value of the consideration received or receivable except in respect of service contracts where turnover is recognised when the company obtains the right to consideration, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

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

| Freehold property | - | 2% on cost

| Plant and machinery | - | 20% on cost

| Fixtures, fittings & equipment | - | 20% on cost

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 33% on cost

| Freehold land included within freehold property has not been depreciated.

| Stocks

| Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

| Tax

| Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax represents the future tax consequences of transactions and events recognised in the financial

| statements of current and previous periods. It is recognised in respect of all timing differences, with certain

| exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences.

| 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.

| Government grants

| Government grants of a capital nature are credited to a deferred income account in the balance sheet on receipt. The deferred income is released to the profit and loss over a period corresponding to the depreciation policy of the grant aided asset.

| Debtors and creditors receivable/payable

| Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

| Coverall (PVC & Canvas) Limited (Registered number: 03942324) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortized cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 14 (2024 - 15 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures,

| Freehold |  | Plant and |  | fittings

| property |  | machinery |  | & equipment

£ | £ | £ |

| COST

| At 1 April 2024 | 265,512 |  | 170,944 |  | 18,345 |  |

| Additions | - |  | - |  | 5,200 |  |

| Disposals | - |  | - |  | - |  |

| At 31 March 2025 | 265,512 |  | 170,944 |  | 23,545 |  |

| DEPRECIATION

| At 1 April 2024 | 43,479 |  | 97,414 |  | 16,232 |  |

| Charge for year | 5,310 |  | 19,089 |  | 995 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 31 March 2025 | 48,789 |  | 116,503 |  | 17,227 |  |

| NET BOOK VALUE

| At 31 March 2025 | 216,723 |  | 54,441 |  | 6,318 |  |

| At 31 March 2024 | 222,033 |  | 73,530 |  | 2,113 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 17,992 |  | 3,967 |  | 476,760 |  |

| Additions | - |  | 2,046 |  | 7,246 |  |

| Disposals | - |  | (2,068 | ) | (2,068 | ) |

| At 31 March 2025 | 17,992 |  | 3,945 |  | 481,938 |  |

| DEPRECIATION

| At 1 April 2024 | 17,991 |  | 3,888 |  | 179,004 |  |

| Charge for year | - |  | 353 |  | 25,747 |  |

| Eliminated on disposal | - |  | (2,066 | ) | (2,066 | ) |

| At 31 March 2025 | 17,991 |  | 2,175 |  | 202,685 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1 |  | 1,770 |  | 279,253 |  |

| At 31 March 2024 | 1 |  | 79 |  | 297,756 |  |

| Coverall (PVC & Canvas) Limited (Registered number: 03942324) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 121,810 |  | 161,589 |  |

| Other debtors | 67,805 |  | 91,464 |  |

189,615 |  | 253,053 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 6,000 |  | 6,000 |  |

| Trade creditors | 43,985 |  | 38,305 |  |

| Taxation and social security | 31,472 |  | 30,506 |  |

| Other creditors | 17,053 |  | 17,092 |  |

98,510 |  | 91,903 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 105,193 |  | 110,728 |  |

| Other creditors | 38,390 |  | 42,564 |  |

143,583 |  | 153,292 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years | 81,193 |  | 86,728 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 111,193 |  | 116,728 |  |

| The bank loan is secured by a charge over the freehold property and assets of the company and personal guarantees given by the director.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 11,000 | Ordinary | £1 | 11,000 |  | 11,000 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| Repayable on demand loans, made to the directors, existed during the year. The amount owed to the company at the beginning of the year was £64,077 and at the end of the year was £40,654. Interest of £1,165 was charged during the year.

| During the year £34,600 was repaid and £11,177 was advanced.