Roofglaze Holdings Limited Filleted accounts for Companies House (small only)

COMPANY REGISTRATION NUMBER: 10964297

Roofglaze Holdings Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2025

Roofglaze Holdings Limited

Consolidated Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		1,822,885	1,866,448

Current assets

Stocks		235,838	328,757
Debtors	8	772,989	903,053
Cash at bank and in hand		354,490	295,883
		------------	------------
		1,363,317	1,527,693

Creditors: amounts falling due within one year	9	1,001,490		1,007,557
		------------		------------
Net current assets			361,827	520,136
			------------	------------
Total assets less current liabilities			2,184,712	2,386,584

Creditors: amounts falling due after more than one year	10		217,855	267,448

Provisions

Taxation including deferred tax	11	312,508	317,404
		------------	------------
Net assets		1,654,349	1,801,732
		------------	------------

Roofglaze Holdings Limited

Consolidated Statement of Financial Position (continued)

31 March 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	202	202
Revaluation reserve	834,134	834,134
Profit and loss account	820,013	967,396
	------------	------------
Shareholders funds	1,654,349	1,801,732
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the consolidated income statement has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 3 December 2025 , and are signed on behalf of the board by:

R Cliffe

Director

Company registration number: 10964297

Roofglaze Holdings Limited

Company Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6	1,684,184	1,704,301
Investments	7	202	100
		------------	------------
		1,684,386	1,704,401

Current assets

Debtors	8	651,567	668,556
Cash at bank and in hand		97,672	65,553
		---------	---------
		749,239	734,109

Creditors: amounts falling due within one year	9	564,103		404,540
		---------		---------
Net current assets			185,136	329,569
			------------	------------
Total assets less current liabilities			1,869,522	2,033,970

Creditors: amounts falling due after more than one year	10		172,214	202,219

Provisions

Taxation including deferred tax	11	281,388	282,068
		------------	------------
Net assets		1,415,920	1,549,683
		------------	------------

Roofglaze Holdings Limited

Company Statement of Financial Position (continued)

31 March 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	202	202
Revaluation reserve	834,134	834,134
Profit and loss account	581,584	715,347
	------------	------------
Shareholders funds	1,415,920	1,549,683
	------------	------------

The profit for the financial year of the parent company was £ 266,135 (2024: £ 267,940 ).

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 3 December 2025 , and are signed on behalf of the board by:

R Cliffe

Director

Company registration number: 10964297

Roofglaze Holdings Limited

Consolidated Statement of Changes in Equity

Year ended 31 March 2025

		Called up share capital	Revaluation reserve	Profit and loss account	Total
		£	£	£	£
At 1 April 2023		202	846,850	1,199,650	2,046,702

Profit for the year				142,746	142,746
Other comprehensive income for the year:
	Tax relating to components of other comprehensive income	–	( 12,716)	–	( 12,716)
		----	---------	------------	------------
Total comprehensive income for the year		–	( 12,716)	142,746	130,030

Dividends paid and payable		–	–	( 375,000)	( 375,000)
		----	---------	------------	------------
Total investments by and distributions to owners		–	–	( 375,000)	( 375,000)

At 31 March 2024		202	834,134	967,396	1,801,732

Profit for the year				252,617	252,617
		----	---------	------------	------------
Total comprehensive income for the year		–	–	252,617	252,617

Dividends paid and payable		–	–	( 400,000)	( 400,000)
		----	----	---------	---------
Total investments by and distributions to owners		–	–	( 400,000)	( 400,000)

		----	---------	---------	------------
At 31 March 2025		202	834,134	820,013	1,654,349
		----	---------	---------	------------

Roofglaze Holdings Limited

Company Statement of Changes in Equity

Year ended 31 March 2025

		Called up share capital	Revaluation reserve	Profit and loss account	Total
		£	£	£	£
At 1 April 2023		202	846,850	822,407	1,669,459

Profit for the year				267,940	267,940
Other comprehensive income for the year:
	Tax relating to components of other comprehensive income	–	( 12,716)	–	( 12,716)
		----	---------	---------	------------
Total comprehensive income for the year		–	( 12,716)	267,940	255,224

Dividends paid and payable		–	–	( 375,000)	( 375,000)
		----	---------	---------	------------
Total investments by and distributions to owners		–	–	( 375,000)	( 375,000)

At 31 March 2024		202	834,134	715,449	1,549,785

Profit for the year				266,135	266,135
		----	---------	---------	------------
Total comprehensive income for the year		–	–	266,135	266,135

Dividends paid and payable		–	–	( 400,000)	( 400,000)
		----	----	---------	---------
Total investments by and distributions to owners		–	–	( 400,000)	( 400,000)

		----	---------	---------	------------
At 31 March 2025		202	834,134	581,584	1,415,920
		----	---------	---------	------------

Roofglaze Holdings Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 11 Howard Road, Eaton Socon, St Neots, Cambridgeshire, PE19 8ET.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. Disclosure exemptions The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. The company and group is small and is therefore taking advantage of the following disclosure exemptions available under paragraph 1.12 of FRS 102:- (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) No disclosure has been given for the aggregate remuneration of key management personnel. Consolidation The financial statements consolidate the financial statements of Roofglaze Holdings Limited and its subsidiary undertaking. The parent company has applied the exemption contained in section 408 of the Companies Act 2006 and has not included its individual statement of comprehensive income. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies that have the most significant effect on the amounts recognised in the financial statements are as follows: Depreciation rates are based on the directors judgement of the useful life of the assets concerned. Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: In respect of long term contracts and contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, stated net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that the expenses are recoverable. Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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 is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Foreign currencies Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit. Operating leases Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis. Goodwill Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	Buildings 2% straight line, Land 0%
Plant and machinery	-	20% straight line or 25% reducing balance
Motor Vehicles	-	25% reducing balance
Office equipment	-	25% straight line or 20%/25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Dividend income is accounted for when received.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

Defined contribution plans

The company makes contributions to defined contribution pension schemes for the benefit of certain directors and employees. The assets of the schemes are held separately from those of the company. The annual contributions are charged to the statement of income and retained earnings.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 29 (2024: 34 ).

5. Intangible assets

Group and company	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	132
	----
Amortisation
At 1 April 2024 and 31 March 2025	132
	----
Carrying amount
At 1 April 2024 and 31 March 2025	–
	----
At 31 March 2024	–
	----

6. Tangible assets

Group	Land and buildings	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024	1,712,644	218,980	128,899	63,700	2,124,223
Additions	–	–	25,740	8,150	33,890
Disposals	–	–	( 29,995)	–	( 29,995)
	------------	---------	---------	--------	------------
At 31 March 2025	1,712,644	218,980	124,644	71,850	2,128,118
	------------	---------	---------	--------	------------
Depreciation
At 1 April 2024	30,794	125,204	56,789	44,988	257,775
Charge for the year	15,183	23,437	19,530	8,344	66,494
Disposals	–	–	( 19,036)	–	( 19,036)
	------------	---------	---------	--------	------------
At 31 March 2025	45,977	148,641	57,283	53,332	305,233
	------------	---------	---------	--------	------------
Carrying amount
At 31 March 2025	1,666,667	70,339	67,361	18,518	1,822,885
	------------	---------	---------	--------	------------
At 31 March 2024	1,681,850	93,776	72,110	18,712	1,866,448
	------------	---------	---------	--------	------------

Company	Land and buildings	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024	1,712,644	9,788	27,568	35,382	1,785,382
Additions	–	–	–	1,655	1,655
	------------	-------	--------	--------	------------
At 31 March 2025	1,712,644	9,788	27,568	37,037	1,787,037
	------------	-------	--------	--------	------------
Depreciation
At 1 April 2024	30,794	6,341	19,734	24,212	81,081
Charge for the year	15,183	446	2,109	4,034	21,772
	------------	-------	--------	--------	------------
At 31 March 2025	45,977	6,787	21,843	28,246	102,853
	------------	-------	--------	--------	------------
Carrying amount
At 31 March 2025	1,666,667	3,001	5,725	8,791	1,684,184
	------------	-------	--------	--------	------------
At 31 March 2024	1,681,850	3,447	7,834	11,170	1,704,301
	------------	-------	--------	--------	------------

Included within Freehold property for the company is land at a cost of £573,354 (2024 - £573,354) which is not depreciated.

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

Group	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
At 31 March 2025	76,002	58,549	2,783	137,334
	--------	--------	-------	---------
At 31 March 2024	76,002	58,549	2,783	137,334
	--------	--------	-------	---------

The company has no tangible assets held under finance lease or hire purchase agreements.

7. Investments

The group has no investments.

Company	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	202
	----
Impairment
At 1 April 2024 and 31 March 2025	–
	----

Carrying amount
At 1 April 2024 and 31 March 2025	202
	----
At 31 March 2024	202
	----

Subsidiaries, associates and other investments

Details of the investments in which the parent company has an interest of 20% or more are as follows:

	Class of share	Percentage of shares held
Subsidiary undertakings
Roofglaze Rooflights Limited	Ordinary	100

8. Debtors

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Trade debtors	117,593	156,441	208	–
Amounts owed by group undertakings and undertakings in which the company has a participating interest	–	1	–	–
Other debtors	655,396	746,611	651,359	668,556
	---------	---------	---------	---------
	772,989	903,053	651,567	668,556
	---------	---------	---------	---------

9. Creditors: amounts falling due within one year

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Bank loans and overdrafts	30,005	80,624	30,005	80,624
Trade creditors	449,980	621,483	60,175	88,965
Amounts owed to group undertakings and undertakings in which the company has a participating interest	–	–	223,550	181,719
Social security and other taxes	309,854	70,995	222,374	34,593
Other creditors	211,651	234,455	27,999	18,639
	------------	------------	---------	---------
	1,001,490	1,007,557	564,103	404,540
	------------	------------	---------	---------

The bank loan is secured by fixed and floating charges over the company and all the property and assets present and future.

Included within other creditors are hire purchase liabilities which are secured on the assets to which they relate.

10. Creditors: amounts falling due after more than one year

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Bank loans and overdrafts	172,214	202,219	172,214	202,219
Other creditors	45,641	65,229	–	–
	---------	---------	---------	---------
	217,855	267,448	172,214	202,219
	---------	---------	---------	---------

The bank loan is secured by fixed and floating charges over the company and all the property and assets present and future.

Included within other creditors are hire purchase liabilities which are secured on the assets to which they relate.

11. Provisions

Group	Deferred tax (note 12)
	£
At 1 April 2024	317,404
Additions	( 4,896)
	---------
At 31 March 2025	312,508
	---------

Company	Deferred tax (note 12)
	£
At 1 April 2024	282,068
Additions	( 680)
	---------
At 31 March 2025	281,388
	---------

12. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Included in provisions (note 11)	312,508	317,404	281,388	282,068
	---------	---------	---------	---------

The deferred tax account consists of the tax effect of timing differences in respect of:

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Accelerated capital allowances	34,464	39,360	3,344	4,024
Revaluation of tangible assets	278,044	278,044	278,044	278,044
	---------	---------	---------	---------
	312,508	317,404	281,388	282,068
	---------	---------	---------	---------

13. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Not later than 1 year	77,097	58,138	35,596	26,481
Later than 1 year and not later than 5 years	83,525	35,212	41,892	22,379
	---------	--------	--------	--------
	160,622	93,350	77,488	48,860
	---------	--------	--------	--------

14. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company and its subsidiary undertakings: Director 1 owed the Group £114,742 at the beginning of the year. The company advanced a further amounts of £198,834 to the director and amounts were repaid of £200,000. Interest has been charged on the loan and at the end of the year the director owed the company £115,848. Director 2 owed the Group £133,808 at the beginning of the year. The company advanced a further loan of £196,543 to the director and amounts were repaid of £200,000. Interest has been charged on the loan and at the end of the year the director owed the company £132,958.

15. Related party transactions

Group

The group has made a loan to RGL Contracts Limited, a company under common control. At the end of the year £254,000 (2024 - £320,000) is outstanding. The loan is interest free and repayable on demand.