1 November 2024 v2026.29.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP020702702024-11-012025-10-31020702702025-10-31020702702024-10-3102070270core:WithinOneYear2025-10-3102070270core:WithinOneYear2024-10-3102070270core:AfterOneYear2025-10-3102070270core:AfterOneYear2024-10-3102070270core:ShareCapital2025-10-3102070270core:ShareCapital2024-10-3102070270core:RetainedEarningsAccumulatedLosses2025-10-3102070270core:RetainedEarningsAccumulatedLosses2024-10-3102070270bus:Director12024-11-012025-10-3102070270bus:RegisteredOffice2024-11-012025-10-3102070270core:LandBuildings2024-11-012025-10-3102070270core:PlantMachinery2024-11-012025-10-3102070270core:FurnitureFittingsToolsEquipment2024-11-012025-10-3102070270core:MotorVehicles2024-11-012025-10-31020702702023-11-012024-10-3102070270core:LandBuildings2024-11-0102070270core:PlantMachinery2024-11-01020702702024-11-0102070270core:LandBuildings2025-10-3102070270core:PlantMachinery2025-10-3102070270core:PlantMachinery2024-10-3102070270core:BetweenOneFiveYears2025-10-3102070270core:BetweenOneFiveYears2024-10-3102070270core:MoreThanFiveYears2025-10-3102070270core:MoreThanFiveYears2024-10-310207027012024-11-012025-10-3102070270countries:EnglandWales2024-11-012025-10-3102070270bus:AuditExemptWithAccountantsReport2024-11-012025-10-3102070270bus:PrivateLimitedCompanyLtd2024-11-012025-10-3102070270bus:SmallEntities2024-11-012025-10-3102070270bus:FullAccounts2024-11-012025-10-31
Company registration number:
02070270
M. Camilleri & Sons Roofing Limited
Unaudited Filleted Financial Statements for the year ended
31 October 2025
M. Camilleri & Sons Roofing Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of M. Camilleri & Sons Roofing Limited
Year ended
31 October 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
M. Camilleri & Sons Roofing Limited
for the year ended
31 October 2025
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes 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 icaew.com/​regulations.
This report is made solely to the Board of Directors of
M. Camilleri & Sons Roofing Limited
, as a body, in accordance with the terms of our engagement letter dated 16 June 2017. Our work has been undertaken solely to prepare for your approval the
financial statements
of
M. Camilleri & Sons Roofing Limited
and state those matters that we have agreed to state to the Board of Directors of
M. Camilleri & Sons Roofing Limited
, 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
M. Camilleri & Sons Roofing Limited
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
M. Camilleri & Sons Roofing 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
M. Camilleri & Sons Roofing Limited
. You consider that
M. Camilleri & Sons Roofing 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 M. Camilleri & Sons Roofing 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.
PC Accounting Solutions Limited
Chartered Accountants
Henstaff Court Business Centre
Groesfaen
Cardiff
CF72 8NG
United Kingdom
Date:
30 July 2026
M. Camilleri & Sons Roofing Limited
Statement of Financial Position
31 October 2025
20252024
Note££
Fixed assets    
Tangible assets 5
115,079
 
96,257
 
Current assets    
Stocks
534,537
 
579,468
 
Debtors 6
775,322
 
976,005
 
Cash at bank and in hand
836,297
 
987,675
 
2,146,156
 
2,543,148
 
Creditors: amounts falling due within one year 7
(769,573
 )
(1,045,926
 )
Net current assets
1,376,583
 
1,497,222
 
Total assets less current liabilities 1,491,662   1,593,479  
Creditors: amounts falling due after more than one year 8
(37,856
 )
(30,487
 )
Provisions for liabilities
(37,942
 )
(105,055
 )
Net assets
1,415,864
 
1,457,937
 
Capital and reserves    
Called up share capital
2
 
2
 
Profit and loss account
1,415,862
 
1,457,935
 
Shareholders funds
1,415,864
 
1,457,937
 
For the year ending
31 October 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
30 July 2026
, and are signed on behalf of the board by:
Marco Camilleri
Director
Company registration number:
02070270
M. Camilleri & Sons Roofing Limited
Notes to the Financial Statements
Year ended
31 October 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
Ty Gwyrdd A Gwyn
,
Sully Moors Road
,
Sully
,
South Glamorgan
,
CF64 5RP
.

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. The
financial statements
are prepared in Sterling (£), which is the functional currency of the company, and rounded to the nearest pound.

Turnover

Turnover represents the value of roofing work undertaken in the period, net of discounts and Value Added Tax.

Current tax

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.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
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:
Land and buildings
20% straight line
Plant and machinery
33% straight line
Fixtures, fittings and equipment
33% straight line
Motor vehicles
33% straight line

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.

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.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Construction contracts

Where the outcome of construction contracts can be reliably estimated, contract revenue and contract costs are recognised by reference to the stage of completion of the contract activity as at the period end. The entity uses the percentage of completion method based on measured work undertaken in order to determine the amounts to be recognised in the period.
Where the outcome of construction contracts cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that it is probable will be recoverable, and contract costs are recognised as an expense in the period in which they are incurred.
When it is probable that total contract costs will exceed total contract revenue, the expected loss is expensed immediately, with corresponding provision for an onerous contract being recognised.
Where the collectability of an amount already recognised as contract revenue is no longer probable, the uncollectible amount is expensed rather than recognised as an adjustment to the amount of contract revenue.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the entity will comply with the conditions attaching to them and the grants will be received.
Government grants are recognised using the accrual model and the performance model.
Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.
Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

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 and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

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

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. Annual contributions payable to the scheme are charged as an expense in the period to which they relate.

Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense. Unused holiday entitlement is recognised in the period in which the employee's services are received.

4 Average number of employees

The average number of persons employed by the company during the year was
47
(2024:
47.00
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 November 2024
22,569
 
551,298
 
573,867
 
Additions -  
80,926
 
80,926
 
Disposals -  
(73,019
 )
(73,019
 )
At
31 October 2025
22,569
 
559,205
 
581,774
 
Depreciation      
At
1 November 2024
22,569
 
455,041
 
477,610
 
Charge -  
61,629
 
61,629
 
Disposals -  
(72,544
 )
(72,544
 )
At
31 October 2025
22,569
 
444,126
 
466,695
 
Carrying amount      
At
31 October 2025
 -  
115,079
 
115,079
 
At 31 October 2024 -  
96,257
 
96,257
 

6 Debtors

20252024
££
Trade debtors
314,055
 
396,168
 
Other debtors
461,267
 
579,837
 
775,322
 
976,005
 

7 Creditors: amounts falling due within one year

20252024
££
Trade creditors
433,418
 
608,723
 
Taxation and social security
125,745
 
180,124
 
Other creditors
210,410
 
257,079
 
769,573
 
1,045,926
 
Included within other creditors are liabilities due under hire purchase contracts of £39,221 (2024: £34,092) that are secured on the assets to which they relate.

8 Creditors: amounts falling due after more than one year

20252024
££
Other creditors
37,856
 
30,487
 
Other creditors represent liabilities due under hire purchase contracts and are secured on the assets to which they relate.

9 Operating leases

The company as lessee    
20252024
££
Not later than 1 year
72,082
 
69,072
 
Later than 1 year and not later than 5 years
273,686
 
260,625
 
Later than 5 years
355,148
 
439,492
 
700,916
 
769,189
 
The above amounts represent the total future minimum lease payments payable under non-cancellable operating leases.

10 Controlling party

The company is a wholly owned subsidiary of Camilleri Roofing Holdings Limited, a company incorporated in England & Wales whose registered office is at Ty Gwyrdd A Gwyn, Sully Moors Road, Sully, South Glamorgan CF64 5RP.