REGISTERED NUMBER: 05514956 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Grange Roofing (NE) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

K Imeson

P M Imeson

SECRETARY:

P M Imeson

REGISTERED OFFICE:

142 Tunstall Road

Tunstall

Sunderland

Tyne & Wear

SR2 9BQ

REGISTERED NUMBER:

05514956 (England and Wales)

ACCOUNTANTS:

TTR Barnes Limited

Chartered Accountants

3-5 Grange Terrace

Stockton Road

Sunderland

Tyne & Wear

SR2 7DG

BANKERS:

National Westminster Bank Plc

52 Fawcett Street

Sunderland

Tyne and Wear

SR1 1SB

FIXED ASSETS

Intangible assets

4

-

1,750

Tangible assets

5

8,805

11,519

8,805

13,269

CURRENT ASSETS

Debtors

6

8,665

10,909

CREDITORS

Amounts falling due within one year

7

15,187

20,899

NET CURRENT LIABILITIES

(6,522

)

(9,990

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,283

3,279

PROVISIONS FOR LIABILITIES

1,730

2,189

NET ASSETS

553

1,090

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

551

1,088

SHAREHOLDERS' FUNDS

553

1,090

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

K Imeson - Director

1.	STATUTORY INFORMATION

Grange Roofing (NE) 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.

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.

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, which the directors consider appropriate.

Turnover

Turnover represents net invoiced sales of goods and services excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

35,000

AMORTISATION

At 1 August 2024

33,250

Amortisation for year

1,750

At 31 July 2025

35,000

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

1,750

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

4,368

3,430

23,671

950

32,419

Additions

-

-

-

653

653

Disposals

(2,824

)

(831

)

-

(786

)

(4,441

)

At 31 July 2025

1,544

2,599

23,671

817

28,631

DEPRECIATION

At 1 August 2024

4,187

3,080

13,219

414

20,900

Charge for year

45

88

2,613

243

2,989

Eliminated on disposal

(2,815

)

(828

)

-

(420

)

(4,063

)

At 31 July 2025

1,417

2,340

15,832

237

19,826

NET BOOK VALUE

At 31 July 2025

127

259

7,839

580

8,805

At 31 July 2024

181

350

10,452

536

11,519

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,564

4,921

Other debtors

5,101

5,988

8,665

10,909

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

351

2,759

Trade creditors

2,464

400

Taxation and social security

9,423

14,228

Other creditors

2,949

3,512

15,187

20,899

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

K Imeson

Balance outstanding at start of year

4,306

11,047

Amounts advanced

18,346

48,150

Amounts repaid

(19,242

)

(54,891

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,410

4,306