Shire Roofing (Southill) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08158997 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Shire Roofing (Southill) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

R K Albone

REGISTERED OFFICE:

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

REGISTERED NUMBER:

08158997 (England and Wales)

ACCOUNTANTS:

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

FIXED ASSETS

Tangible assets

4

6,092

6,154

CURRENT ASSETS

Debtors

5

101,841

117,398

CREDITORS

Amounts falling due within one year

6

90,524

96,933

NET CURRENT ASSETS

11,317

20,465

TOTAL ASSETS LESS CURRENT LIABILITIES

17,409

26,619

CREDITORS

Amounts falling due after more than one year

7

(20,390

)

(25,284

)

PROVISIONS FOR LIABILITIES

(1,158

)

(1,197

)

NET (LIABILITIES)/ASSETS

(4,139

)

138

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

(4,239

)

38

SHAREHOLDERS' FUNDS

(4,139

)

138

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 director acknowledges his 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 director and authorised for issue on 22 December 2025 and were signed by:

R K Albone - Director

1.	STATUTORY INFORMATION

Shire Roofing (Southill) 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.	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.

There were no material departures from that standard.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from roofing is recognised by reference to the stage of completion. Stage of completion is measured by reference to labour hours incurred to date as a percentage of total estimated labour hours for each contract. Where the contract outcome cannot be measured reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows:

Fixtures & fittings - 25% on cost

Motor vehicles - 25% on reducing balance

Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

1,048

38,164

574

39,786

Additions

-

1,718

At 31 March 2025

1,048

38,164

2,292

41,504

DEPRECIATION

At 1 April 2024

743

32,315

574

33,632

Charge for year

46

1,462

272

1,780

At 31 March 2025

789

33,777

846

35,412

NET BOOK VALUE

At 31 March 2025

259

4,387

1,446

6,092

At 31 March 2024

305

5,849

-

6,154

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

11,016

17,171

Directors' current accounts

90,825

99,804

Prepayments and accrued income

-

423

101,841

117,398

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

22,456

27,155

Trade creditors

12,548

14,539

Tax

51,270

49,401

Social security and other taxes

1,906

335

VAT

199

3,423

Accrued expenses

2,145

2,080

90,524

96,933

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

Bank loans - 1-5 years

14,681

Bank loans more 5 yr by instal

5,709

10,603

20,390

25,284

31.3.25

31.3.24

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

5,709

10,603

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1.00

100

9.	RELATED PARTY DISCLOSURES

The amount owing at the year-end from Mr R Albone was £90,825 (2024 - £99,804).

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Shire Roofing (Southill) Limited for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Shire Roofing (Southill) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Shire Roofing (Southill) Limited and state those matters that we have agreed to state to the director of Shire Roofing (Southill) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shire Roofing (Southill) Limited and its director for our work or for this report.

It is your duty to ensure that Shire Roofing (Southill) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Shire Roofing (Southill) Limited. You consider that Shire Roofing (Southill) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Shire Roofing (Southill) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

22 December 2025