Sharps Roofing Supplies Limited 30/11/2025 iXBRL

Company registration number: 05936536

SHARPS ROOFING SUPPLIES LIMITED

30 November 2025

HEYWOODS

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

SHARPS ROOFING SUPPLIES LIMITED

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

SHARPS ROOFING SUPPLIES LIMITED

DIRECTORS AND OTHER INFORMATION


	Director	Mr M A Sharp


	Secretary	Mrs K H Sharp


	Company number	05936536


	Registered office	Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB


	Business address	Unit 1 Monkmoor Trading Estate
		Monkmoor Road
		Shrewsbury
		Shropshire
		SY2 5TZ


	Accountants	Heywoods
		Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB

SHARPS ROOFING SUPPLIES LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE DIRECTOR ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SHARPS ROOFING SUPPLIES LIMITED

YEAR ENDED 30TH NOVEMBER 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sharps Roofing Supplies Limited for the year ended 30 November 2025 as set out on pages 5 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of Sharps Roofing Supplies Limited, as a body, in accordance with the terms of our engagement letter dated 14 June 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Sharps Roofing Supplies Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sharps Roofing Supplies Limited and its director as a body for our work or for this report.

It is your duty to ensure that Sharps Roofing Supplies Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sharps Roofing Supplies Limited. You consider that Sharps Roofing Supplies Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sharps Roofing Supplies Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

30 March 2026

SHARPS ROOFING SUPPLIES LIMITED

STATEMENT OF FINANCIAL POSITION

30TH NOVEMBER 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	33,179		43,228
Investments	6	100		100
		_______		_______
			33,279		43,328

Current assets
Stocks		405,000		380,000
Debtors	7	220,778		239,806
Cash at bank and in hand		366,311		372,330
		_______		_______
		992,089		992,136
Creditors: amounts falling due
within one year	8	( 315,538)		( 368,933)
		_______		_______
Net current assets			676,551		623,203
			_______		_______
Total assets less current liabilities			709,830		666,531

Creditors: amounts falling due
after more than one year	9		-		( 4,184)

Provisions for liabilities			( 3,523)		( 5,731)

			_______		_______
Net assets			706,307		656,616
			_______		_______

Capital and reserves
Called up share capital			48,000		48,000
Profit and loss account			658,307		608,616
			_______		_______
Shareholders funds			706,307		656,616
			_______		_______

For the year ending 30 November 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 financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 26 March 2026 , and are signed on behalf of the board by:

Mr M A Sharp

Director

Company registration number: 05936536

SHARPS ROOFING SUPPLIES LIMITED

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 30TH NOVEMBER 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 December 2023	48,000	561,164	609,164

Profit for the year		92,785	92,785
	_______	_______	_______
Total comprehensive income for the year	-	92,785	92,785

Dividends paid and payable		( 45,333)	( 45,333)
	_______	_______	_______
Total investments by and distributions to owners	-	( 45,333)	( 45,333)

	_______	_______	_______
At 30 November 2024 and 1 December 2024	48,000	608,619	656,619

Profit for the year		85,688	85,688
	_______	_______	_______
Total comprehensive income for the year	-	85,688	85,688

Dividends paid and payable		( 36,000)	( 36,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 36,000)	( 36,000)

	_______	_______	_______
At 30 November 2025	48,000	658,307	706,307
	_______	_______	_______

SHARPS ROOFING SUPPLIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30TH NOVEMBER 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Countrywide House, Knights Way, Shrewsbury, Shropshire, SY1 3AB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	15 %	reducing balance
Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	25 %	reducing balance

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

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 the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 7 ).

5. Tangible assets

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 December 2024	9,559	79,275	88,834
Additions	785	-	785
Disposals	( 3,472)	-	( 3,472)
	_______	_______	_______
At 30 November 2025	6,872	79,275	86,147
	_______	_______	_______
Depreciation
At 1 December 2024	6,804	38,801	45,605
Charge for the year	406	10,119	10,525
Disposals	( 3,162)	-	( 3,162)
	_______	_______	_______
At 30 November 2025	4,048	48,920	52,968
	_______	_______	_______
Carrying amount
At 30 November 2025	2,824	30,355	33,179
	_______	_______	_______
At 30 November 2024	2,755	40,474	43,229
	_______	_______	_______

6. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 December 2024 and 30 November 2025	100	100
	_______	_______
Impairment
At 1 December 2024 and 30 November 2025	-	-
	_______	_______
Carrying amount
At 30 November 2025	100	100
	_______	_______
At 30 November 2024	100	100
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	181,770	190,683
Other debtors	39,008	49,123
	_______	_______
	220,778	239,806
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	4,184	5,826
Trade creditors	233,171	276,999
Corporation tax	28,327	41,230
Social security and other taxes	34,384	31,520
Other creditors	15,472	13,358
	_______	_______
	315,538	368,933
	_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	-	4,184
	_______	_______

10. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2025
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr M A Sharp	28,087	( 8,886)	19,201
		_______	_______	_______

2024
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr M A Sharp	( 17,054)	45,141	28,087
		_______	_______	_______