Able Roofing and Home Improvements Ltd

Registered number

13281434

Filleted Accounts

31 March 2025

Able Roofing and Home Improvements Ltd
Registered number:		13281434
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		7,148			4,298

Current assets
Stocks		4,875			500
Debtors	4	113			913
Cash at bank and in hand		1,074			8,106
		6,062			9,519

Creditors: amounts falling due within one year	5	(11,660)			(12,716)

Net current liabilities			(5,598)			(3,197)

Total assets less current liabilities			1,550			1,101


Provisions for liabilities			(1,358)			(816)


Net assets			192			285

Capital and reserves
Called up share capital			1			1
Profit and loss account			191			284

Shareholders' funds			192			285

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.




M McKitten
Director
Approved by the board on 18 December 2025

Able Roofing and Home Improvements Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 the following rates.

	Plant and machinery			15% reducing balance
	Motor Vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2024			980		8,000		8,980
	Additions			-		7,000		7,000
	Disposals			-		(8,000)		(8,000)
	At 31 March 2025			980		7,000		7,980

	Depreciation
	At 1 April 2024			196		4,486		4,682
	Charge for the year			118		518		636
	On disposals			-		(4,486)		(4,486)
	At 31 March 2025			314		518		832

	Net book value
	At 31 March 2025			666		6,482		7,148
	At 31 March 2024			784		3,514		4,298


4	Debtors					2025		2024
£							£

	Other debtors					113		913


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

	Trade creditors					2,058		4,771
	Taxation and social security costs					32,528		7,278
	Other creditors					(22,926)		667
						11,660		12,716


6	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	M McKitten
	Directors loan account	667		(49,401)		25,808		(22,926)

		667		(49,401)		25,808		(22,926)


7	Other information

	Able Roofing and Home Improvements Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	13 Carnation Avenue
	Houghton Le Spring
	Durham
	DH4 6EJ