Company registration number 14588029 (England and Wales)
GRIEVE AND WIFE ROOFING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
GRIEVE AND WIFE ROOFING LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
GRIEVE AND WIFE ROOFING LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
31 March 2025
31 January 2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
57,477
50,723
Current assets
Debtors
4
9,984
8,904
Cash at bank and in hand
57,142
51,606
67,126
60,510
Creditors: amounts falling due within one year
5
(34,469)
(58,414)
Net current assets
32,657
2,096
Total assets less current liabilities
90,134
52,819
Creditors: amounts falling due after more than one year
6
(5,273)
(8,995)
Provisions for liabilities
(4,139)
(4,624)
Net assets
80,722
39,200
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
80,720
39,198
Total equity
80,722
39,200

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

GRIEVE AND WIFE ROOFING LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 24 September 2025 and are signed on its behalf by:
Mr D J Grieve
Mr RA Grieve
Director
Director
Company registration number 14588029 (England and Wales)
GRIEVE AND WIFE ROOFING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Grieve and Wife Roofing Limited is a private company limited by shares incorporated in England and Wales. The registered office is Dorrit House, 33 Rectory Road, Broadstairs, Kent, England, CT10 1HG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation 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:

Plant and equipment
20% on reducing balance
Fixtures and fittings
15% on reducing balance
Computers
20% on reducing balance
Motor vehicles
20% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

GRIEVE AND WIFE ROOFING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.5
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
GRIEVE AND WIFE ROOFING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 April 2024
13,429
2,788
673
46,340
63,230
Additions
1,921
-
0
757
18,445
21,123
Disposals
-
0
-
0
-
0
(2,500)
(2,500)
At 31 March 2025
15,350
2,788
1,430
62,285
81,853
Depreciation and impairment
At 1 April 2024
2,686
418
135
9,268
12,507
Depreciation charged in the year
2,532
355
259
9,223
12,369
Eliminated in respect of disposals
-
0
-
0
-
0
(500)
(500)
At 31 March 2025
5,218
773
394
17,991
24,376
Carrying amount
At 31 March 2025
10,132
2,015
1,036
44,294
57,477
At 31 March 2024
10,743
2,370
538
37,072
50,723
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
3,780
4,056
Other debtors
4,165
4,165
Prepayments and accrued income
2,039
683
9,984
8,904
5
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases
3,722
3,722
Corporation tax
10,976
5,039
Other taxation and social security
4,684
29,206
Other creditors
13,648
17,880
Accruals and deferred income
1,439
2,567
34,469
58,414
GRIEVE AND WIFE ROOFING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases
5,273
8,995
2025-03-31 2024-04-01 false false false 24 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr D J Grieve Mr R A Grieve 14588029 2024-04-01 2025-03-31 14588029 2025-03-31 14588029 2024-03-31 14588029 core:PlantMachinery 2025-03-31 14588029 core:FurnitureFittings 2025-03-31 14588029 core:ComputerEquipment 2025-03-31 14588029 core:MotorVehicles 2025-03-31 14588029 core:PlantMachinery 2024-03-31 14588029 core:FurnitureFittings 2024-03-31 14588029 core:ComputerEquipment 2024-03-31 14588029 core:MotorVehicles 2024-03-31 14588029 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 14588029 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14588029 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 14588029 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 14588029 core:CurrentFinancialInstruments 2025-03-31 14588029 core:CurrentFinancialInstruments 2024-03-31 14588029 core:ShareCapital 2025-03-31 14588029 core:ShareCapital 2024-03-31 14588029 core:RetainedEarningsAccumulatedLosses 2025-03-31 14588029 core:RetainedEarningsAccumulatedLosses 2024-03-31 14588029 bus:Director1 2024-04-01 2025-03-31 14588029 bus:Director2 2024-04-01 2025-03-31 14588029 core:PlantMachinery 2024-04-01 2025-03-31 14588029 core:FurnitureFittings 2024-04-01 2025-03-31 14588029 core:ComputerEquipment 2024-04-01 2025-03-31 14588029 core:MotorVehicles 2024-04-01 2025-03-31 14588029 2023-01-12 2024-03-31 14588029 core:PlantMachinery 2024-03-31 14588029 core:FurnitureFittings 2024-03-31 14588029 core:ComputerEquipment 2024-03-31 14588029 core:MotorVehicles 2024-03-31 14588029 2024-03-31 14588029 core:Non-currentFinancialInstruments 2025-03-31 14588029 core:Non-currentFinancialInstruments 2024-03-31 14588029 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14588029 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14588029 bus:FRS102 2024-04-01 2025-03-31 14588029 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 14588029 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP