Itech Roofworks Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 07915629

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		99,321		78,674

			99,321		78,674
CURRENT ASSETS
Stocks	5	144,267		78,470
Debtors	6	150,427		236,881
Cash at bank and in hand		727,656		639,011

		1,022,350		954,362
Creditors: Amounts Falling Due Within One Year	7	(329,663 )		(587,673 )

NET CURRENT ASSETS (LIABILITIES)			692,687		366,689

TOTAL ASSETS LESS CURRENT LIABILITIES			792,008		445,363

Creditors: Amounts Falling Due After More Than One Year	8		(4,542 )		(35,686 )

NET ASSETS			787,466		409,677

CAPITAL AND RESERVES
Called up share capital	9		104		104
Income Statement			787,362		409,573

SHAREHOLDERS' FUNDS			787,466		409,677

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Itech Roofworks Limited

Statement of Financial Position (continued)

As At 31 March 2025

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Ms Lisa Luckham

Director

17/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Itech Roofworks Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07915629 . The registered office is Unit 2 Chipperfield Business Park, Tower Hill, Chipperfield, Hertfordshire, WD4 9LH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% RB
Motor Vehicles	25% RB
Fixtures & Fittings	10% SL
Computer Equipment	33% SL

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2024: 14)

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Itech Roofworks Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	1,324	201,271	-	56,103	258,698
Additions	-	56,773	1,237	-	58,010

As at 31 March 2025	1,324	258,044	1,237	56,103	316,708

Depreciation
As at 1 April 2024	811	131,518	-	47,695	180,024
Provided during the period	128	31,632	124	5,479	37,363

As at 31 March 2025	939	163,150	124	53,174	217,387

Net Book Value
As at 31 March 2025	385	94,894	1,113	2,929	99,321

As at 1 April 2024	513	69,753	-	8,408	78,674

5. Stocks

	2025	2024
	£	£
Work in progress	144,267	78,470

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	85,206	136,251
Other debtors	65,221	100,630

	150,427	236,881

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	99,632	468,249
Bank loans and overdrafts	18,192	-
Other creditors	49,010	60,236
Taxation and social security	162,829	59,188

	329,663	587,673

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	4,542	35,686

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Itech Roofworks Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	104	104

10. Related Party Transactions

At the year end, the company owed the directors £18,203 (2024: £16,483). The loan is interest free and no specific date of repayment.

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