REGISTERED NUMBER: 02144613 (England and Wales)

SOUTHERN COUNTIES ROOFING CONTRACTORS

LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr C R Lowe

Mr R J Lowe

Mr R Lowe

Ms K Makaroff

SECRETARY:

Mrs J Crossley

REGISTERED OFFICE:

36 Church Street

Great Baddow

Chelmsford

Essex

CM2 7HY

REGISTERED NUMBER:

02144613 (England and Wales)

SENIOR STATUTORY AUDITOR:

Nilesh Patel FCA

AUDITORS:

Hakim Fry

Chartered Accountants

Statutory Auditor

69-71 East Street

Epsom

Surrey

KT17 1BP

FIXED ASSETS

Tangible assets

5

166,598

116,866

CURRENT ASSETS

Debtors

6

2,554,965

2,382,171

Cash at bank and in hand

1,115,973

715,071

3,670,938

3,097,242

CREDITORS

Amounts falling due within one year

7

1,966,249

1,182,353

NET CURRENT ASSETS

1,704,689

1,914,889

TOTAL ASSETS LESS CURRENT LIABILITIES

1,871,287

2,031,755

PROVISIONS FOR LIABILITIES

31,377

18,646

NET ASSETS

1,839,910

2,013,109

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,839,810

2,013,009

SHAREHOLDERS' FUNDS

1,839,910

2,013,109

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 25 November 2025 and were signed on its behalf by:

Mr C R Lowe - Director

1.	STATUTORY INFORMATION

Southern Counties Roofing Contractors 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 presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

This information is included in the consolidated financial statements of Southern Counties Roofing Holdings Limited as at 31 March 2024 and these financial statements may be obtained from 36 Church Street, Great Baddow, Chelmsford, Essex. CM2 7HY.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Revenue recognition

Turnover comprises all sales of goods and rendering of services at the fair value of consideration received or receivable after the deduction of any trade discounts and excluding sales taxes. Revenue is recognised when it can be measured reliably and the significant risks and rewards of ownership are transferred to the customer. With the sale of goods, this occurs when the goods are despatched or made available to the customer, except for the sale of consignment products located at customers’ premises where revenue is recognised on notification that the product has been used. With the rendering of services, revenue is recognised by reference to the stage of completion as measured by the proportion that costs incurred to date bear to the estimated total costs.

Tangible fixed assets

Plant and machinery are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on plant and machinery is charged to profit and loss so as to write off their value, over their estimated useful lives of between 3 and 5 years using straight line method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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.

Trade and other debtors

Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment. Those that are receivable after more than one year or that constitute a financing transaction are recorded initially at fair value less transaction costs and subsequently at amortised cost, net of impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classifieds current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 31 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

287,084

Additions

117,312

Disposals

(46,722

)

At 31 March 2025

357,674

DEPRECIATION

At 1 April 2024

170,218

Charge for year

61,418

Eliminated on disposal

(40,560

)

At 31 March 2025

191,076

NET BOOK VALUE

At 31 March 2025

166,598

At 31 March 2024

116,866

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

1,753,237

1,709,530

Other debtors

176,209

31,784

Tax

17,072

-

Prepayments

67,574

98,919

2,014,092

1,840,233

Amounts falling due after more than one year:

Other debtors

540,873

541,938

Aggregate amounts

2,554,965

2,382,171

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

29,817

Trade creditors

771,142

554,933

Tax

-

75,551

Social security and other taxes

175,652

166,798

VAT

319,109

122,513

Other creditors

245,164

209,537

Accruals and deferred income

431,350

-

Accrued expenses

23,832

23,204

1,966,249

1,182,353

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

-

91,073

As a lessor

The company future minimum payments receivable under non-cancellable operating leases at the reporting date are as follows:

31.3.25

31.3.24

(

)

£

£

Not later than one year

45,088

71,212

Later than one year and not later than five years

22,399

99,957

Later than five years

-

-

67,,487

171,169

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Nilesh Patel FCA (Senior Statutory Auditor)

for and on behalf of Hakim Fry

11.	RELATED PARTY DISCLOSURES

The company has provided an interest bearing long term loan to a related company in which three of the directors are also directors and have a controlling shareholding. The amount owed as at 31 March 2025 is £540,873.

The two companies trade with each other on normal commercial terms and balances are included in trade debtors and creditors.

12.	ULTIMATE CONTROLLING PARTY

The immediate parent undertakings to be Southern Counties Limited, registered office, 36 Church Street, Great Baddow, Chelmsford, Essex, CM2 7HJ United Kingdom

The ultimate parent undertakings to be Southern Counties Roofing Holdings Limited, registered office, 36 Church Street, Great Baddow, Chelmsford, Essex, CM2 7HJ United Kingdom

The smallest and largest group undertakings that Southern Counties Roofing Contractors Limited is consolidated within is Southern Counties Roofing Holdings Limited.

The directors consider there to be no ultimate controlling party.