Steve_Emery_Roofing_Limited_30_Nov_2025_companies_house_set_of

Steve Emery Roofing Limited

Statement of Financial Position

30 November 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	5	193,491		130,241
Current assets
Stocks		30,000		26,145
Debtors	6	142,737		135,583
Cash at bank and in hand		41,997		20,078
		214,734		181,806
Creditors: amounts falling due within one year	7	(331,507	)	(246,438	)
Net current liabilities		(116,773	)	(64,632	)
Total assets less current liabilities		76,718		65,609
Creditors: amounts falling due after more than one year	8	(17,875	)	(14,771	)
Provisions for liabilities		(29,733	)	(24,631	)
Net assets		29,110		26,207
Capital and reserves
Called up share capital		100		100
Profit and loss account		29,010		26,107
Shareholders funds		29,110		26,207

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.

Directors' 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 directors acknowledge 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.

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

These

financial statements

were approved by the board of directors and authorised for issue on

27 May 2026

, and are signed on behalf of the board by:

Mr Steven Emery

Director

Company registration number:

04108095

Steve Emery Roofing Limited

Notes to the Financial Statements

Year ended

30 November 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

1 Lyme Valley Road

Newcastle Under Lyme

Staffordshire

ST5 3TF

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to 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 company.

Turnover

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

Current tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the &D.T175 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.

Tangible assets

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

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

Plant and machinery	15% reducing balance
Fixtures, fittings and equipment	25% reducing balance
Motor vehicles	25% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

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.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Provisions for liabilities

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.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4 Average number of employees

The average number of persons employed by the company during the year was

(2024:

17.00

5 Tangible assets

	Land and buildings	Plant and machinery etc.		Total
	£	£		£
Cost
At 1 December 2024	-	426,647		426,647
Additions	44,830	95,277		140,107
Disposals	-	(66,577	)	(66,577	)
At 30 November 2025	44,830	455,347		500,177
Depreciation
At 1 December 2024	-	296,406		296,406
Charge	-	48,354		48,354
Disposals	-	(38,074	)	(38,074	)
At 30 November 2025	-	306,686		306,686
Carrying amount
At 30 November 2025	44,830	148,661		193,491
At 30 November 2024	-	130,241		130,241

6 Debtors

	2025	2024
	£	£
Trade debtors	112,656	75,793
Amounts owed by group undertakings and undertakings in which the company has a participating interest	27,777	47,875
Other debtors	2,304	11,915
	142,737	135,583

7 Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,833	10,000
Trade creditors	168,825	149,433
Taxation and social security	100,909	72,259
Other creditors	55,940	14,746
	331,507	246,438

8 Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	-	5,833
Other creditors	17,875	8,938
	17,875	14,771

9 Related party transactions

The following transactions took place during the year between Steven Emery and the company.

Amounts due to the related party as at 1 December 2024 - £998

Payments to related party - (£146,602)

Amounts received from related party - £147,190

Amounts due to the related party as at 30 November 2025 - £1,586

10 Controlling party

Mr Steven Emery is the ultimate controlling party by virtue of his controlling shareholding in Steve Emery Holdings Limited.