IRIS Accounts Production v25.4.0.155 SC459963 Board of Directors 1.10.24 30.9.25 30.9.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC459963 2024-09-30 SC459963 2025-09-30 SC459963 2024-10-01 2025-09-30 SC459963 2023-09-30 SC459963 2023-10-01 2024-09-30 SC459963 2024-09-30 SC459963 ns14:PoundSterling 2024-10-01 2025-09-30 SC459963 ns10:Director1 2024-10-01 2025-09-30 SC459963 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC459963 ns10:SmallEntities 2024-10-01 2025-09-30 SC459963 ns10:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 SC459963 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 SC459963 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 SC459963 ns10:FullAccounts 2024-10-01 2025-09-30 SC459963 1 2024-10-01 2025-09-30 SC459963 ns5:CurrentFinancialInstruments 2025-09-30 SC459963 ns5:CurrentFinancialInstruments 2024-09-30 SC459963 ns5:Non-currentFinancialInstruments 2025-09-30 SC459963 ns5:Non-currentFinancialInstruments 2024-09-30 SC459963 ns5:ShareCapital 2025-09-30 SC459963 ns5:ShareCapital 2024-09-30 SC459963 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 SC459963 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 SC459963 ns5:NetGoodwill 2024-10-01 2025-09-30 SC459963 ns5:PlantMachinery 2024-10-01 2025-09-30 SC459963 ns5:NetGoodwill 2024-09-30 SC459963 ns5:NetGoodwill 2025-09-30 SC459963 ns5:NetGoodwill 2024-09-30 SC459963 ns5:PlantMachinery 2024-09-30 SC459963 ns5:PlantMachinery 2025-09-30 SC459963 ns5:PlantMachinery 2024-09-30 SC459963 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 SC459963 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30

REGISTERED NUMBER: SC459963

J SHEARER ROOFING LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

J SHEARER ROOFING LIMITED (REGISTERED NUMBER: SC459963)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page |

Balance Sheet | 1 |

Notes to the Financial Statements | 3 |

J SHEARER ROOFING LIMITED (REGISTERED NUMBER: SC459963)

BALANCE SHEET

30 SEPTEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 282,420 |  | 237,422 |  |

282,420 |  | 237,422 |  |

CURRENT ASSETS

Stocks | 2,500 |  | 2,500 |  |

Debtors | 6 | 64,126 |  | 100,419 |  |

Cash at bank and in hand | 1,146,157 |  | 847,136 |  |

1,212,783 |  | 950,055 |  |

CREDITORS

Amounts falling due within one year | 7 | 540,493 |  | 364,130 |  |

NET CURRENT ASSETS | 672,290 |  | 585,925 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 954,710 |  | 823,347 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (142,635 | ) | (112,368 | ) |

PROVISIONS FOR LIABILITIES | (66,700 | ) | (55,201 | ) |

NET ASSETS | 745,375 |  | 655,778 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 745,275 |  | 655,678 |  |

SHAREHOLDERS' FUNDS | 745,375 |  | 655,778 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

J SHEARER ROOFING LIMITED (REGISTERED NUMBER: SC459963)

BALANCE SHEET - continued

30 SEPTEMBER 2025

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2026 and were signed on its behalf by:

J Shearer - Director

J SHEARER ROOFING LIMITED (REGISTERED NUMBER: SC459963)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| J Shearer Roofing Limited is a private company, limited by shares, registered in Scotland. The address of the registered office is 315 Clarkston Road, Glasgow, City Of Glasgow, Scotland, G44 3EJ.

| The presentation currency of the financial statements is 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 represents the invoice value of goods supplied and services rendered in the year, exclusive of value added tax. The company's policy is to recognise income when substantively all risks and rewards in connection with the goods and services have been passed to the buyer.

| Turnover in respect of contracts is reflected in the profit and loss account by recording turnover and related costs as activity progresses. Turnover represents net costs plus attributable profit, estimated to have been earned, less foreseeable losses. Turnover in excess of payments on account is separately disclosed in debtors as amounts recoverable on contracts.

| Judgements

| The company considers on an annual basis the judgements that are made by management when applying its significant accounting policies that would have the most significant effect on amounts that are recognised in the financial statements.

| The directors consider there are no such significant judgements.

| Goodwill

| Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the balance sheet and amortised over its estimated useful life up to a maximum of 20 years. This length of time is presumed to be the maximum useful life of purchased goodwill because it is difficult to make projections beyond this period. Goodwill is reviewed for impairment at the end of the first full financial year following each acquisition and subsequently, as and when necessary, if circumstances emerge that indicate that the carrying value may not be recoverable.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Plant and machinery etc | - | 25% on reducing balance and 20% on reducing balance

| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

| Impairment of non-financial assets

| At each reporting date non-financial assets not carried at fair value, like plant and equipment and other intangibles, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount which is the higher of value in use and the fair value less cost to sell, is estimated and compared with the carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit and loss.

J SHEARER ROOFING LIMITED (REGISTERED NUMBER: SC459963)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Government grants

| Government grants of a capital nature are taken to a separate deferred income account and released to the profit and loss account in accordance with the company's depreciation policy over the useful economic life of the asset concerned. Grants of a revenue nature are taken to the profit and loss account in the year in which the expenditure is incurred.

| Stocks

| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.

| Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.

| Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss.

| Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

| Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

| Taxation

| Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

| The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

| With the exception of changes arising on the initial recognition of a business combination, the tax expense is presented either in profit or loss, other comprehensive income or statement of changes in equity depending on the transaction that resulted in the tax expense.

| Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

J SHEARER ROOFING LIMITED (REGISTERED NUMBER: SC459963)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Leasing commitments and hire purchase

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

| Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.

| 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.

| Provisions

| Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 35 (2024 - 32 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 10,000 |  |

| AMORTISATION

| At 1 October 2024

| and 30 September 2025 | 10,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | - |  |

| At 30 September 2024 | - |  |

| Goodwill arose on the incorporation of a business in 2014 and was amortised over its estimated useful life of 5 years.

J SHEARER ROOFING LIMITED (REGISTERED NUMBER: SC459963)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 October 2024 | 399,690 |  |

| Additions | 119,176 |  |

| Disposals | (19,820 | ) |

| At 30 September 2025 | 499,046 |  |

| DEPRECIATION

| At 1 October 2024 | 162,268 |  |

| Charge for year | 67,547 |  |

| Eliminated on disposal | (13,189 | ) |

| At 30 September 2025 | 216,626 |  |

| NET BOOK VALUE

| At 30 September 2025 | 282,420 |  |

| At 30 September 2024 | 237,422 |  |

| Included in above is £255,403 (2024: £206,053) carrying value of assets for which the company has pledged security.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 56,846 |  | 77,099 |  |

| Other debtors | 7,280 |  | 23,320 |  |

64,126 |  | 100,419 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 61,286 |  | 39,793 |  |

| Trade creditors | 105,132 |  | 60,407 |  |

| Taxation and social security | 308,755 |  | 237,639 |  |

| Other creditors | 65,320 |  | 26,291 |  |

540,493 |  | 364,130 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 142,635 |  | 112,368 |  |

J SHEARER ROOFING LIMITED (REGISTERED NUMBER: SC459963)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 203,921 |  | 152,161 |  |

| Hire purchase liabilities are secured over the assets to which they relate.

10. | RELATED PARTY DISCLOSURES

| At the balance sheet date, there was an amount due to the directors of £60,644 (2024 - £10,582). This loan is interest free, unsecured and no repayment terms have been established.