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Registration number: 10054535

GK Roofing Services Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

GK Roofing Services Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

GK Roofing Services Ltd

Company Information

Director | Mr George Keene

Registered office | Unit 5 River Ray Industrial Estate Barnfield Road Swindon Wiltshire SN2 2DT

Accountants | ACTA Services Ltd The Pound Nell Hill Hannington Wilts SN6 7RT

GK Roofing Services Ltd

(Registration number: 10054535)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 72,543 | 51,749
Current assets |  |  |
Debtors | 5 | 367,828 | 232,661
Cash at bank and in hand |  | 347,106 | 501,643
|  | 714,934 | 734,304
Creditors: Amounts falling due within one year | 6 | (177,250) | (161,738)
Net current assets |  | 537,684 | 572,566
Total assets less current liabilities |  | 610,227 | 624,315
Creditors: Amounts falling due after more than one year | 6 | (53,688) | -
Provisions for liabilities |  | - | (56,333)
Net assets |  | 556,539 | 567,982
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 556,439 | 567,882
Shareholders' funds |  | 556,539 | 567,982

For the financial 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.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 December 2025

......................................... Mr George Keene Director

GK Roofing Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 5 River Ray Industrial Estate
Barnfield Road
Swindon
Wiltshire
SN2 2DT
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

GK Roofing Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor vehicles | Straight line over 3 years
Plant and machinery | Straight line over 3 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

GK Roofing Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividends are accounted for when paid in cash or charged to the director's loan account.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2024 - 3).

GK Roofing Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 April 2024 | 171,284 | 9,424 | 180,708
Additions | 76,626 | - | 76,626
At 31 March 2025 | 247,910 | 9,424 | 257,334
Depreciation
At 1 April 2024 | 119,535 | 9,424 | 128,959
Charge for the year | 55,832 | - | 55,832
At 31 March 2025 | 175,367 | 9,424 | 184,791
Carrying amount
At 31 March 2025 | 72,543 | - | 72,543
At 31 March 2024 | 51,749 | - | 51,749

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 56,150 | 87,750
Prepayments | 8,671 | -
Other debtors | 303,007 | 144,911
| 367,828 | 232,661

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 15,556 | 24,754
Trade creditors |  | 81,151 | 64,435
Taxation and social security |  | 28,770 | 66,196
Other creditors |  | 51,773 | 6,353
|  | 177,250 | 161,738

Creditors: amounts falling due after more than one year

GK Roofing Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 53,688 | -

Creditors include loans of £53,688 (2024 - £nil) relating to vehicle purchase. £7,598 due in year ended 31.03.2026.

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 53,688 | -

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 15,556 | 24,754

Bank borrowings

Lloyds Bounce Back Loan is denominated in GBP with a nominal interest rate of 2.5%, and the final instalment is due on 7 June 2026. The carrying amount at year end is £15,556 (2024 - £24,753).

9 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £19,350 (2024 - £37,278). The company has commitments in the form of van and warehouse rentals.