REGISTERED NUMBER: 01262204 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

FENLAND FLAT ROOFING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A R Bacon

D Stark

C Preston

D Dean

S Felgate

REGISTERED OFFICE:

9 High Green

Great Shelford

Cambridge

Cambridgeshire

CB22 5EG

REGISTERED NUMBER:

01262204 (England and Wales)

ACCOUNTANTS:

Ad Valorem Accountancy Services Limited

Chartered Certified Accountants

2 Manor Farm Court

Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

FIXED ASSETS

Tangible assets

5

310,982

288,436

CURRENT ASSETS

Stocks

59,394

88,220

Debtors

6

5,817,500

4,758,344

Cash at bank

874,244

1,334,101

6,751,138

6,180,665

CREDITORS

Amounts falling due within one year

7

986,591

1,350,069

NET CURRENT ASSETS

5,764,547

4,830,596

TOTAL ASSETS LESS CURRENT LIABILITIES

6,075,529

5,119,032

CREDITORS

Amounts falling due after more than one year

8

(53,467

)

(53,331

)

PROVISIONS FOR LIABILITIES

(48,543

)

(42,715

)

NET ASSETS

5,973,519

5,022,986

CAPITAL AND RESERVES

Called up share capital

11

100

100

Other reserves

200

200

Retained earnings

5,973,219

5,022,686

SHAREHOLDERS' FUNDS

5,973,519

5,022,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2026 and were signed on its behalf by:

A R Bacon - Director

1.	STATUTORY INFORMATION

Fenland Flat Roofing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Contract revenue within turnover includes the value of work completed during the financial year after reference to the total sales value and the stage of completion of the contract, as detailed more fully below.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

FINANCIAL INSTRUMENTS

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the statement of financial position. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

AMOUNTS RECOVERABLE ON CONTRACTS

Profit on long-term contracts is taken as the work is carried out if the final outcome can be assessed with reasonable certainty. The profit included is calculated on a prudent basis to reflect the proportion of the work carried out at the year end, by recording turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs incurred to date bear to total costs expected for the contract. Revenues derived from variations on contracts are recognised only when they have been accepted by the customer. Full provision is made for losses on all contracts in the year in which they are first foreseen.

TAX

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. it is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2025 - 20 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

and

Motor

to property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 February 2025

99,881

127,025

380,011

606,917

Additions

-

13,911

115,450

129,361

Disposals

-

(10,526

)

(41,197

)

(51,723

)

At 31 January 2026

99,881

130,410

454,264

684,555

DEPRECIATION

At 1 February 2025

72,213

84,349

161,919

318,481

Charge for year

9,988

12,691

71,949

94,628

Eliminated on disposal

-

(9,621

)

(29,915

)

(39,536

)

At 31 January 2026

82,201

87,419

203,953

373,573

NET BOOK VALUE

At 31 January 2026

17,680

42,991

250,311

310,982

At 31 January 2025

27,668

42,676

218,092

288,436

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2025

177,178

Additions

115,450

Transfer to ownership

(17,000

)

At 31 January 2026

275,628

DEPRECIATION

At 1 February 2025

40,300

Charge for year

51,367

Transfer to ownership

(9,745

)

At 31 January 2026

81,922

NET BOOK VALUE

At 31 January 2026

193,706

At 31 January 2025

136,878

6.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

88,800

269,448

Amounts owed by group undertakings

3,260,885

2,206,611

Amounts recoverable on

contracts

1,398,682

1,329,894

Other debtors

1,398

1,095

Directors' current accounts

301

-

VAT

88,263

112,548

Prepayments and accrued income

259,826

328,493

5,098,155

4,248,089

Amounts falling due after more than one year:

Amounts recoverable on

contracts

719,345

510,255

719,345

510,255

Aggregate amounts

5,817,500

4,758,344

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

57,647

38,178

Trade creditors

622,541

827,496

Tax

96,589

219,713

Social security and other taxes

51,231

64,013

Other creditors

12,870

1,655

Accruals and deferred income

145,713

199,014

986,591

1,350,069

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

53,467

53,331

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2026

2025

£

£

Net obligations repayable:

Within one year

57,647

38,178

Between one and five years

53,467

53,331

111,114

91,509

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

111,114

91,509

Hire purchase contracts are secured against the relevant assets.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year there were loans of £301 (2025 - £nil) to the directors. These loans are interest free and repayable on demand. All these loan are fully repaid by 31 March 2026.

13.	RELATED PARTY DISCLOSURES

At the year end, the company had a debtor of £3,260,885 (2025 - £2,206,611) owed by its parent company. The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with its parent company.

During the year, the company paid rent of £NIL (2025 - £1,111) to a director, £NIL (2025 - £33,888) to a business operated by members of that director's family and £42,000 (2025 - £7,000) to a company owned by a director.

14.	PARENT COMPANY

The company is a subsidiary of Fenland Holdings Ltd, a company incorporated in England and Wales.

The registered office of Fenland Holdings Ltd is situated at 9 High Green, Great Shelford, Cambridge, CB22 5EG.

The company and parent are controlled by Fenland Holdings Employee Ownership Trust following the purchases of 100% of the shares of the parent company by the Trust on 1 February 2024.