REGISTERED NUMBER: 04277119 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CROSS ROOFING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M F Cross

Mrs P Cross

G Cross

SECRETARY:

Mrs P Cross

REGISTERED OFFICE:

Lothing House

Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

REGISTERED NUMBER:

04277119 (England and Wales)

ACCOUNTANTS:

Juler Tooke

Lothing House

Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 3HD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

329,864

338,495

329,864

338,495

CURRENT ASSETS

Stocks

43,927

49,373

Debtors

6

133,608

146,198

Cash at bank and in hand

387,949

386,479

565,484

582,050

CREDITORS

Amounts falling due within one year

7

(153,458

)

(132,107

)

NET CURRENT ASSETS

412,026

449,943

TOTAL ASSETS LESS CURRENT LIABILITIES

741,890

788,438

PROVISIONS FOR LIABILITIES

(6,831

)

(8,471

)

NET ASSETS

735,059

779,967

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

734,958

779,866

SHAREHOLDERS' FUNDS

735,059

779,967

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 3 December 2025 and were signed on its behalf by:

M F Cross - Director

Mrs P Cross - Director

1.	STATUTORY INFORMATION

CROSS ROOFING 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and equipment

-

15% on reducing balance

Office equipment

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

15,000

AMORTISATION

At 1 April 2024

and 31 March 2025

15,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

Freehold

and

to

Plant and

property

fittings

property

equipment

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

239,885

8,075

54,026

3,330

DEPRECIATION

At 1 April 2024

-

7,469

-

2,006

Charge for year

-

91

-

198

At 31 March 2025

-

7,560

-

2,204

NET BOOK VALUE

At 31 March 2025

239,885

515

54,026

1,126

At 31 March 2024

239,885

606

54,026

1,324

Office

Motor

Computer

equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

6,076

74,798

11,120

397,310

DEPRECIATION

At 1 April 2024

4,571

35,934

8,835

58,815

Charge for year

226

7,773

343

8,631

At 31 March 2025

4,797

43,707

9,178

67,446

NET BOOK VALUE

At 31 March 2025

1,279

31,091

1,942

329,864

At 31 March 2024

1,505

38,864

2,285

338,495

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

101,578

126,355

Other debtors

32,030

19,843

133,608

146,198

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

102,380

83,366

Taxation and social security

8,839

9,064

Other creditors

42,239

39,677

153,458

132,107

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £75,500 (2024 - £76,000) were paid to the directors .

The company operates a Loan account with the Directors and the balance as at 31st March 2025 was £39,344.

9.	ULTIMATE CONTROLLING PARTY

The company was under the control of Mr M F Cross and Mrs P Cross as holders of the share capital throughout the current year.