JBS Roofing Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04521369

JBS ROOFING LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 March 2025

JBS ROOFING LIMITED

STATEMENT OF FINANCIAL POSITION

30 March 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	6		85,221		83,238

CURRENT ASSETS

Stocks		1,000	1,000
Debtors	7	218,734	312,437
Cash at bank and in hand		51,078	16,009
		---------	---------
		270,812	329,446

CREDITORS: amounts falling due within one year	8	77,828		105,806
		---------		---------
NET CURRENT ASSETS			192,984		223,640
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			278,205		306,878

PROVISIONS	20,842	20,244
	---------	---------
NET ASSETS	257,363	286,634
	---------	---------

CAPITAL AND RESERVES

Called up share capital fully paid	100	100
Profit and loss account	257,263	286,534
	---------	---------
SHAREHOLDERS FUNDS	257,363	286,634
	---------	---------

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 statement of income and retained earnings has not been delivered.

For the year ending 30 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 .

JBS ROOFING LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 March 2025

These financial statements were approved by the board of directors and authorised for issue on 2 July 2025 , and are signed on behalf of the board by:

Mr J E Sneddon

Director

Company registration number: 04521369

JBS ROOFING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 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 Rushglen Farm, Cranford Road, Great Addington, Northamptonshire, NN14 4BH.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Income tax

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 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.

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. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

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	-	10% 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.

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:

Plant and equipment	-	25% reducing balance
Fixtures and fittings	-	33% straight line
Motor vehicles	-	25% reducing balance

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.

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.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 31 March 2024 and 30 March 2025	80,000
	--------
Amortisation
At 31 March 2024 and 30 March 2025	80,000
	--------
Carrying amount
At 30 March 2025	–
	--------
At 30 March 2024	–
	--------

6. TANGIBLE ASSETS

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 31 March 2024	240,553	4,116	60,882	305,551
Additions	17,150	1,950	–	19,100
	---------	-------	--------	---------
At 30 March 2025	257,703	6,066	60,882	324,651
	---------	-------	--------	---------
Depreciation
At 31 March 2024	161,387	3,085	57,841	222,313
Charge for the year	14,675	1,681	761	17,117
	---------	-------	--------	---------
At 30 March 2025	176,062	4,766	58,602	239,430
	---------	-------	--------	---------
Carrying amount
At 30 March 2025	81,641	1,300	2,280	85,221
	---------	-------	--------	---------
At 30 March 2024	79,166	1,031	3,041	83,238
	---------	-------	--------	---------

7. DEBTORS

	2025	2024
	£	£
Trade debtors	102,372	194,927
Other debtors	116,362	117,510
	---------	---------
	218,734	312,437
	---------	---------

8. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	3,167	38,031
Corporation tax	–	50,394
Social security and other taxes	15,647	11,293
Other creditors	59,014	6,088
	--------	---------
	77,828	105,806
	--------	---------