Alltype Roofing Supplies Limited

	Page
Company Information	1
Strategic Report	2—3
Directors' Report	4—5
Independent Auditor's Report	6—8
Profit and Loss Account	9
Statement of Comprehensive Income	10
Balance Sheet	11
Statement of Changes in Equity	12
Statement of Cash Flows	13
Notes to the Statement of Cash Flows	14
Notes to the Financial Statements	15—21

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Strategic Report

For The Year Ended 30 September 2025

Strategic Report

The directors present their strategic report for the year ended 30 September 2025.

Review of the Business

Incorporated on the 25th September 1986 as “All Type Timber And Building Supplies Limited”, on a change of name on the 7th February 1992, the company adopted its current name and has traded under this name since then.

The year saw a maintenance of margin and turnover against difficult market conditions but due to careful cost control and even greater use of our membership of the National Buying Group we managed to increase profitability significantly. This was achieved despite continued political instability and in particular the rising cost of energy both in manufacture and transport. Running a large fleet of specialist offload vehicles has forced us to pass on these increased costs, but by bulk buying of diesel we have managed to minimise the effect

As in previous years stock levels have proved hard to maintain but our forty year plus relationships with all the principal manufacturers has help us secure competitive volume share. These stock levels come with rebate opportunity and unlike our peers we try not to trade into that rebate but rather take it as a windfall when it is paid. As a result, we continue to see year on year growth in our rebate totals.

Last year we began the process of diversifying our product offering to increase our share of the construction purse. As anticipated this fitted well with our policy of spreading our customer base to include everything from national home builders to one gang roofers. Once again this diversification is welcomed by our credit risk insurers as it offers a spread of perils and thus attracts competitive premiums.

During our previous financial year we put emphasis on product diversification and accordingly our timber, specification felt and selected white label offerings have grown and contributed to turnover growth. .

The company continued to invested heavily not only in these strategic alliances but also in a stand-alone plastics business enabling us to recover the leakage we had identified in roofline and general building plastics. This cost continued to be borne without recourse to borrowing but unlike the previous year did not contribute to a decline in net profit but indeed to an uptick.

The Company also started negotiations to secure a ten year lease on a purpose built warehouse in Battersea, London. We had hoped to get this operational by year end but we were unfortunately delayed by a few technical issues on the property. That said the Lease was signed shortly after year end and we are hoping to see the benefit next year.

Business Environment

The budgetary implications of the Labour administration continued to effect “confidence to spend” within the economy, but as we focus on new build, re-covers and repairs we are still maintaining our revenues and enjoy one of the markets’ best gross margins.

Principal Risks and Uncertainties

Our membership of the aforementioned National Buying group together with the Natioanl Merchant Buyers Scheme gives us visibility to the UK market as a whole and not just what is happening in London and the South East. This data and our use of credit risk insurance allows us to mitigate the plethora of risks faced by a Merchant and we navigated the year with no significant bad or doubtful debt. This puts us in a good position for the coming year and will help us grow the retained profits further.

We were able to attract competitive pricing when the Credit Risk Insurance Policy was renewed thanks to the strength and proven track record of our robust credit procedures. This allows us to use our policy to not only protect our lending, but actually expand our debtor base.

During the year we added two new Heavy Goods Vehicles and three new Depot vans to our modern delivery fleet. Its associated fleet management packages give us one of the best reliability scores in the market. We lease all our vehicles on seven year fully maintained contracts with new vehicles replacing the older ones as the leases expire. All maintenance is conducted via Mercedes main dealers and our records on road safety have been rewarded with continued renewal of our Silver FORS status thus enabling us to service prestigious central London sites.

Community

Alltype maintains its strong commitment to both the local community and the wider environment. As a company we continue to support our three main charities of Great Ormand Street, the Royal British Legion and the Freddie Farmer Foundation but this year have also sponsored events at local schools and supported friends and staff running in the London Marathon alongside individual support of local youth football and other sports including Motorcross and a local ladies football side.

...CONTINUED

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Alltype Roofing Supplies Limited

Strategic Report (continued)

For The Year Ended 30 September 2025

Principal Risks and Uncertainties - continued

We continue to move our fleet of company cars to electric and have installed EV chargers in several of our Depots. All our material handling vehicles are now electric leading to reduced emissions and a massive cut in noise pollution

Financial performance

Full year financial key statistics

2025 2024

£000's £000's

External sales 34,309 33,871

Gross profit 11,373 10,680

GP% 33.14% 31.50%

Net profit 1,212 838

Return on Sales 3.5% 2.5%

Non-Financial Performance

The company continued to retain all its top 20 customers.

Staff retention continues to be good.

No penalties were imposed on the company for failure to comply with any regulatory or human rights issues.

The directors are proud to report that all the performance indicators support the view that the strategies adopted to meet its focus points are working satisfactorily.

On behalf of the board

Mr V F Bick

Director

17 June 2026

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Alltype Roofing Supplies Limited

Company No. 02058425

Directors' Report For The Year Ended 30 September 2025

Directors' Report

The directors present their report and the financial statements for the year ended 30 September 2025.

Principal Activity

The company's principal activity continues to be that of the supply of roofing and other building materials to the construction industry.

Directors

The directors who held office during the year were as follows:

Mr V F Bick
Mr D J Roche
Mrs J D Bick	Resigned	22/04/2026
Mr S Haldane

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

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Alltype Roofing Supplies Limited

Directors' Report (continued)

For The Year Ended 30 September 2025

Independent Auditors

The auditors, Fairman Harris, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr V F Bick

Director

17 June 2026

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Independent Auditor's Report

to the Members of

Alltype Roofing Supplies Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of Alltype Roofing Supplies Limited for the year ended 30 September 2025 which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes of Equity, Cash Flow Statement and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 30 September 2025 and of its profit/(loss) for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

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Independent Auditor's Report (continued)

to the Members of

Alltype Roofing Supplies Limited

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records or returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the Directors' Responsibilities Statement set out on page 4—5, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

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Independent Auditor's Report (continued)

to the Members of

Alltype Roofing Supplies Limited

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

● the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

● we identified the laws and regulations applicable to the group through discussions with directors and other management, and from our commercial knowledge and experience of the industry.

● we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the group, including the Companies Act 2006, taxation legislation, data protection, anti-money-laundering, employment, environmental and health and safety legislation;

● we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management.

● identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the group's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

● making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud;

● considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations

To address the risk of fraud through management bias and override of controls, we:

● performed analytical procedures to identify any unusual or unexpected relationships;

● tested journal entries to identify unusual transactions;

● assessed whether judgements and assumptions made in determining the accounting estimates set out in note 1 were indicative of potential bias; and

● investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

● agreeing financial statement disclosures to underlying supporting documentation;

● reading the minutes of meetings of those charged with governance;

● enquiring of management as to actual and potential litigation and claims; and

● reviewing correspondence with HMRC.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

F Meghani (Senior Statutory Auditor)

for and on behalf of Fairman Harris , Statutory Auditor

17 June 2026

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Alltype Roofing Supplies Limited

Profit and Loss Account

For The Year Ended 30 September 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
TURNOVER		34,309,236	33,871,496
Cost of sales		(22,935,946 )	(23,190,972 )

GROSS PROFIT		11,373,290	10,680,524

Administrative expenses		(10,158,178 )	(9,793,305 )

OPERATING PROFIT	3	1,215,112	887,219
Loss on disposal of fixed assets		(5,103 )	(29,362 )
Other interest receivable and similar income	8	28,718	31,640
Interest payable and similar charges	9	(26,180 )	(50,794 )

PROFIT BEFORE TAXATION		1,212,547	838,703
Tax on Profit		(339,566 )	(258,258 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		872,981	580,445

The notes on pages 14 to 21 form part of these financial statements.

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Alltype Roofing Supplies Limited

Statement of Comprehensive Income

For The Year Ended 30 September 2025

Statement of Comprehensive Income

	2025	2024
	£	£
PROFIT FOR THE FINANCIAL YEAR	872,981	580,445
OTHER COMPREHENSIVE INCOME FOR THE YEAR	-	-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR	872,981	580,445

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Alltype Roofing Supplies Limited

Balance Sheet

As At 30 September 2025

Balance Sheet

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	10		18,000		21,600
Tangible Assets	11		2,200,544		2,329,677
Investments	12		356,910		356,910

			2,575,454		2,708,187
CURRENT ASSETS
Stocks	13	3,643,527		3,577,200
Debtors	14	8,193,062		7,009,585
Cash at bank and in hand		2,131,176		2,259,334

		13,967,765		12,846,119
Creditors: Amounts Falling Due Within One Year	15	(9,718,873 )		(9,384,938 )

NET CURRENT ASSETS (LIABILITIES)			4,248,892		3,461,181

TOTAL ASSETS LESS CURRENT LIABILITIES			6,824,346		6,169,368

Creditors: Amounts Falling Due After More Than One Year	16		(59,703 )		(277,706 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	19		(117,528 )		(117,528 )

NET ASSETS			6,647,115		5,774,134

CAPITAL AND RESERVES
Called up share capital	21		15,002		15,002
Profit and Loss Account			6,632,113		5,759,132

SHAREHOLDERS' FUNDS			6,647,115		5,774,134

On behalf of the board

Mr V F Bick

Director

17 June 2026

The notes on pages 14 to 21 form part of these financial statements.

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Alltype Roofing Supplies Limited

Statement of Changes in Equity

For The Year Ended 30 September 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 October 2023	15,002	5,308,687	5,323,689
Profit for the year and total comprehensive income	-	580,445	580,445

Dividends paid	-	(130,000)	(130,000)

As at 30 September 2024 and 1 October 2024	15,002	5,759,132	5,774,134


Profit for the year and total comprehensive income	-	872,981	872,981

As at 30 September 2025	15,002	6,632,113	6,647,115

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Alltype Roofing Supplies Limited

Statement of Cash Flows

For The Year Ended 30 September 2025

Statement of Cash Flows

		2025	2024
	Notes	£	£
Cash flows from operating activities
Net cash generated from operations	1	209,723	839,688
Interest paid		(26,229 )	(50,794 )
Tax paid		(48,258 )	(355,000 )

Net cash generated from operating activities		135,236	433,894

Cash flows from investing activities
Purchase of tangible assets		(13,698 )	(125,626 )
Proceeds from disposal of tangible assets		23,505	79,037
Interest received		28,718	31,640

Net cash generated from/(used in) investing activities		38,525	(14,949 )

Cash flows from financing activities
Equity dividends paid		-	(130,000 )
Repayment of bank borrowings		(240,131 )	(240,131 )
Repayment of finance leases		(61,788 )	(119,361 )

Net cash used in financing activities		(301,919 )	(489,492 )



Decrease in cash and cash equivalents		(128,158 )	(70,547 )
Cash and cash equivalents at beginning of year	2	2,259,334	2,329,881

Cash and cash equivalents at end of year	2	2,131,176	2,259,334

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Alltype Roofing Supplies Limited

Notes to the Statement of Cash Flows

For The Year Ended 30 September 2025

Notes to the Statement of Cash Flows

1. Reconciliation of profit for the financial year to cash generated from operations

	2025	2024
	£	£
Profit for the financial year	872,981	580,445
Adjustments for:
Tax on profit	339,566	258,258
Interest expense	26,180	50,794
Interest income	(28,718 )	(31,640 )
Amortisation of intangible assets	3,600	3,600
Depreciation of tangible assets	114,223	144,494
Loss on disposal of tangible assets	5,103	29,362
Foreign exchange losses	49	-
Movements in working capital:
(Increase)/decrease in stocks	(66,327 )	73,817
Increase in trade and other debtors	(1,183,477 )	(1,143,175 )
Increase in trade and other creditors	126,543	873,733

Net cash generated from operations	209,723	839,688

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024
	£	£
Cash at bank and in hand	2,131,176	2,259,334

3. Analysis of changes in net funds

	As at 1 October 2024	Cash flows	As at 30 September 2025
	£	£	£
Cash at bank and in hand	2,259,334	(128,158)	2,131,176
Finance leases	(169,353)	61,788	(107,565)
Debts falling due within one year	(240,131 )	80,044	(160,087 )
Debts falling due after more than one year	(160,087)	160,087	-

	1,689,763	173,761	1,863,524

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Alltype Roofing Supplies Limited

Notes to the Financial Statements

For The Year Ended 30 September 2025

Notes to the Financial Statements

1. General Information

Alltype Roofing Supplies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02058425 . The registered office is 5 Ripon Road, Plumstead, London, SE18 3PS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not provided
Leasehold	10% Straight line
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	Over 5 years
Computer Equipment	25% reducing balance

2.5. Investments

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Alltype Roofing Supplies Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.

2.8. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.9. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.10. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Operating Profit

The operating profit is stated after charging:

	2025	2024
	£	£
Bad debts	33,658	59,164
Depreciation of tangible fixed assets	114,223	144,494
Amortisation of intangible fixed assets	3,600	3,600

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Alltype Roofing Supplies Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

4. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the company's financial statements	18,000	14,900

5. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2025	2024
	£	£
Wages and salaries	5,025,026	4,694,900
Social security costs	644,431	586,590
Other pension costs	379,380	358,334

	6,048,837	5,639,824

6. Average Number of Employees

Average number of employees, including directors, during the year was: 87 (2024: 84)

7. Directors' remuneration

	2025	2024
	£	£
Emoluments	1,089,456	816,276

Information regarding the highest paid director was as follows:

	2025	2024
	£	£
Emoluments	886,160	803,276

8. Interest Receivable and Similar Income

	2025	2024
	£	£
Bank interest receivable	25,099	31,640
Other interest receivable type A	3,619	-

	28,718	31,640

9. Interest Payable and Similar Charges

	2025	2024
	£	£
Bank loans and overdrafts	19,869	40,363
Finance charges payable under finance leases and hire purchase contracts	6,311	10,431

	26,180	50,794

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Alltype Roofing Supplies Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

10. Intangible Assets

	Goodwill
	£
Cost
As at 1 October 2024	682,088

As at 30 September 2025	682,088

Amortisation
As at 1 October 2024	660,488
Provided during the period	3,600

As at 30 September 2025	664,088

Net Book Value
As at 30 September 2025	18,000

As at 1 October 2024	21,600

11. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 October 2024	1,796,394	1,134,829	282,455	784,800	3,998,478
Additions	-	-	-	13,698	13,698
Disposals	-	-	(54,708 )	-	(54,708 )

As at 30 September 2025	1,796,394	1,134,829	227,747	798,498	3,957,468

Depreciation
As at 1 October 2024	14,879	920,463	123,091	610,368	1,668,801
Provided during the period	7,439	42,873	26,353	37,558	114,223
Disposals	-	-	(26,100 )	-	(26,100 )

As at 30 September 2025	22,318	963,336	123,344	647,926	1,756,924

Net Book Value
As at 30 September 2025	1,774,076	171,493	104,403	150,572	2,200,544

As at 1 October 2024	1,781,515	214,366	159,364	174,432	2,329,677

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Alltype Roofing Supplies Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

12. Investments

	Other
	£
Cost
As at 1 October 2024	356,910

As at 30 September 2025	356,910

Provision
As at 1 October 2024	-

As at 30 September 2025	-

Net Book Value
As at 30 September 2025	356,910

As at 1 October 2024	356,910

13. Stocks

	2025	2024
	£	£
Finished goods	3,643,527	3,577,200

14. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	5,056,134	4,615,372
Amounts owed by group undertakings	907,641	438,318
Other debtors	2,229,287	1,955,895

	8,193,062	7,009,585

15. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	47,862	51,734
Trade creditors	7,120,898	6,846,359
Bank loans and overdrafts	160,087	240,131
Payments on account	1,040,144	1,278,250
Other creditors	54,599	48,827
Corporation tax	327,546	36,238
Taxation and social security	533,244	428,475
Accruals and deferred income	434,493	454,924

	9,718,873	9,384,938

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Alltype Roofing Supplies Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

16. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	59,703	117,619
Bank loans	-	160,087

	59,703	277,706

17. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due within one year or on demand:
Bank loans	160,087	240,131

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	-	160,087

18. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	47,862	51,734
Later than one year and not later than five years	59,703	117,619

	107,565	169,353

	107,565	169,353

19. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	117,528	117,528

20. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 October 2024	117,528	117,528

Balance at 30 September 2025	117,528	117,528

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Alltype Roofing Supplies Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

21. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
15,002 Ordinary Shares of £ 1.00 each	15,002	15,002

22. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

During the year the charge to the profit and loss account in respect of defined contribution schemes was £379,380 (2024: £358,334).

At the balance sheet date contributions of £NIL were due to the fund and are included in creditors.

23. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	-	130,000

Page 21