Keo Roofing (2007) Limited - Filleted accounts

Registered number

06172144

Keo Roofing (2007) Limited

Filleted Accounts

31 March 2025

Keo Roofing (2007) Limited
Registered number:		06172144
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		7,493			3,884

Current assets
Debtors	4	52,336			26,341
Cash at bank and in hand		115,092			64,818
		167,428			91,159

Creditors: amounts falling due within one year	5	(35,854)			(13,004)

Net current assets			131,574			78,155

Total assets less current liabilities			139,067			82,039


Provisions for liabilities			(1,424)			(738)


Net assets			137,643			81,301

Capital and reserves
Called up share capital			100			100
Profit and loss account			137,543			81,201

Shareholders' funds			137,643			81,301

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr S P Fermoyle
Director
Approved by the board on 5 August 2025

Keo Roofing (2007) Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, as applied to small entities by section 1A of the standard.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				11,025
	Additions				5,481
	At 31 March 2025				16,506

	Depreciation
	At 1 April 2024				7,141
	Charge for the year				1,872
	At 31 March 2025				9,013

	Net book value
	At 31 March 2025				7,493
	At 31 March 2024				3,884


4	Debtors		2025		2024
£				£

	Other debtors		52,336		26,341


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Corporation tax		30,389		9,337
	Other taxes and social security costs		101		152
	Other creditors		5,364		3,515
			35,854		13,004


6	Related party transactions

	The director is a related party. At 31 March the company owed the related party £2,189 (2024: £616); the loans are short term, interest free, unsecured and repayable upon demand.


7	Controlling party

	The two directors are the controlling parties by virtue of their combined ownership of the company's entire issued share capital.


8	Other information

	Keo Roofing (2007) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	184 Mossfield Road
	Swinton
	Manchester
	M27 9TX