REGISTERED NUMBER: 13914118 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

TFR WEATHERPROOFING LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

S J Gibb

SECRETARY:

D A Kelly

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

REGISTERED NUMBER:

13914118 (England and Wales)

ACCOUNTANTS:

Thomas Barrie & Co LLP

4th Floor, Atlantic House

1a Cadogan Street

Glasgow

G2 6QE

FIXED ASSETS

Tangible assets

4

154,845

215,963

CURRENT ASSETS

Debtors

5

1,075,908

1,987,332

Cash at bank

960,111

526,190

2,036,019

2,513,522

CREDITORS

Amounts falling due within one year

6

(662,372

)

(1,496,599

)

NET CURRENT ASSETS

1,373,647

1,016,923

TOTAL ASSETS LESS CURRENT LIABILITIES

1,528,492

1,232,886

CREDITORS

Amounts falling due after more than one year

7

(59,830

)

(90,039

)

PROVISIONS FOR LIABILITIES

(9,774

)

(15,989

)

NET ASSETS

1,458,888

1,126,858

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

598,304

598,304

Retained earnings

860,484

528,454

SHAREHOLDERS' FUNDS

1,458,888

1,126,858

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 May 2026 and were signed by:

S J Gibb - Director

1.	STATUTORY INFORMATION

TFR Weatherproofing Ltd is a private company, limited by shares, registered in England, registration number 13914118. The registered office is 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ.

The principal activity of the company is construction, specialising in flat roofing.

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 presentational and functional currency of the financial statements is Pounds Sterling (£).

Significant judgements and estimates

In preparing these financial statements, the directors are required to make judgements, estimates and assumptions that affect the application of the Company's accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognised prospectively.

The following judgements and estimates have had the most significant effects on amounts recognised in the financial statements:

Work in progress

Work in progress is valued at the lower of cost and net realisable value. It includes a share of overheads and the estimated profit earned to the year end, using the percentage completion method, and taking into account any anticipated losses.

Turnover

Turnover is measured at the fair value of consideration received or receivable, taking into account the amount of any discounts and rebates allowed by the entity, but excluding value added tax and other sales taxes.

Services

Income from roofing services is recognised when performed, such that risks and rewards have been transferred. The timing of invoicing is job dependent, sometimes requiring interim payment certificates, and others invoiced on completion.

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

-

15% on cost

Motor vehicles

-

15% on cost

Computer Equipment

-

15% on cost

The carrying values of tangible fixed assets are reviewed annually for impairment if events or changes in circumstances indicate the carrying values may not be recoverable.

Financial instruments

The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances.

Creditors

Short term trade creditors are measured at the transaction price.

Provisions

Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is recognised as finance cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

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

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.

Short term employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in profit and loss in the period in which they are incurred. A liability is recognised for the amount expected to be paid if the company has a present legal or constructive obligation to pay this amount as a result of past service provided by the employee, and the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2025 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 March 2025

75,000

205,477

16,887

297,364

Additions

-

-

4,619

4,619

Disposals

-

(35,500

)

-

(35,500

)

At 28 February 2026

75,000

169,977

21,506

266,483

DEPRECIATION

At 1 March 2025

33,750

41,937

5,714

81,401

Charge for year

11,250

29,933

2,810

43,993

Eliminated on disposal

-

(13,756

)

-

(13,756

)

At 28 February 2026

45,000

58,114

8,524

111,638

NET BOOK VALUE

At 28 February 2026

30,000

111,863

12,982

154,845

At 28 February 2025

41,250

163,540

11,173

215,963

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,006,246

1,977,823

Other debtors

69,662

9,509

1,075,908

1,987,332

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

24,971

38,277

Trade creditors

321,325

771,762

Taxation and social security

303,779

343,520

Other creditors

12,297

343,040

662,372

1,496,599

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

59,830

90,039

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is GBG1 Ltd.

TFR Weatherproofing Ltd is a wholly owned subsidiary of GBG1 Ltd, registered office 272 Bath Street, Glasgow, Lanarkshire, G2 4JR.