Home Counties Roofing Ltd - Filleted accounts

Registered number

08983517

Home Counties Roofing Ltd

Filleted Accounts

31 March 2025

Home Counties Roofing Ltd
Registered number:		08983517
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		113,117			37,042

Current assets
Debtors	4	98,411			57,800
Cash at bank and in hand		9,192			4,122
		107,603			61,922

Creditors: amounts falling due within one year	5	(98,814)			(125,772)

Net current assets/(liabilities)			8,789			(63,850)

Total assets less current liabilities			121,906			(26,808)

Creditors: amounts falling due after more than one year	6		(118,843)			(65,860)



Net assets/(liabilities)			3,063			(92,668)

Capital and reserves
Called up share capital			100			100
Profit and loss account			2,963			(92,768)

Shareholders' funds			3,063			(92,668)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Thomas Gannon
Director
Approved by the board on 22 December 2025

Home Counties Roofing Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 5 years
	Motor vehicles			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		3


3	Tangible fixed assets
		Fixtures, fittings, tools and equipment		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	-		45,028		34,140		79,168
	Additions	2,221		-		112,665		114,886
	At 31 March 2025	2,221		45,028		146,805		194,054

	Depreciation
	At 1 April 2024	-		30,220		11,906		42,126
	Charge for the year	444		9,006		29,361		38,811
	At 31 March 2025	444		39,226		41,267		80,937

	Net book value
	At 31 March 2025	1,777		5,802		105,538		113,117
	At 31 March 2024	-		14,808		22,234		37,042


4	Debtors					2025		2024
£							£

	Other debtors					98,411		57,800


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					4,774		11,164
	Obligations under finance lease and hire purchase contracts					29,090		6,484
	Trade creditors and accruals					11,216		-
	Taxation and social security costs					12,425		59,926
	Other creditors					41,309		48,198
						98,814		125,772


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					2,401		21,400
	Obligations under finance lease and hire purchase contracts					110,242		8,960
	Other creditors					6,200		35,500
						118,843		65,860


7	Other information

	Home Counties Roofing Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	16 Tudor Close
	Middleton-On-Sea
	Bognor Regis
	PO22 6DN