REGISTERED NUMBER: 05288586 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Gap Roofing Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Sands

REGISTERED OFFICE:

109 Market Street

Farnworth

Bolton

Greater Manchester

BL4 8EX

REGISTERED NUMBER:

05288586 (England and Wales)

ACCOUNTANTS:

Higsons Limited

Accountants

Offices 1 and 2

1A King Street

Farnworth

Bolton

Greater Manchester

BL4 7AB

FIXED ASSETS

Tangible assets

4

283,671

168,283

CURRENT ASSETS

Stocks

10,000

30,000

Debtors

5

891,995

811,113

Cash at bank

74,263

224,255

976,258

1,065,368

CREDITORS

Amounts falling due within one year

6

418,802

363,632

NET CURRENT ASSETS

557,456

701,736

TOTAL ASSETS LESS CURRENT LIABILITIES

841,127

870,019

CREDITORS

Amounts falling due after more than one year

7

152,236

90,656

NET ASSETS

688,891

779,363

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

688,890

779,362

SHAREHOLDERS' FUNDS

688,891

779,363

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 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 3 September 2026 and were signed by:

P Sands - Director

1.	STATUTORY INFORMATION

Gap Roofing Services 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.

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.

Turnover

Turnover is the amount derived from ordinary activities, excluding value added tax.

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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2024

219,367

50,261

251,973

6,826

528,427

Additions

68,000

1,658

118,440

320

188,418

At 30 November 2025

287,367

51,919

370,413

7,146

716,845

DEPRECIATION

At 1 December 2024

193,688

45,267

115,475

5,714

360,144

Charge for year

9,867

1,374

61,401

388

73,030

At 30 November 2025

203,555

46,641

176,876

6,102

433,174

NET BOOK VALUE

At 30 November 2025

83,812

5,278

193,537

1,044

283,671

At 30 November 2024

25,679

4,994

136,498

1,112

168,283

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

Motor

vehicles

£

COST

At 1 December 2024

and 30 November 2025

157,146

DEPRECIATION

At 1 December 2024

68,985

Charge for year

22,040

At 30 November 2025

91,025

NET BOOK VALUE

At 30 November 2025

66,121

At 30 November 2024

88,161

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

394,214

346,853

Other debtors

497,781

464,260

891,995

811,113

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

5,556

5,520

Hire purchase contracts

46,379

13,028

Trade creditors

54,310

58,693

Taxation and social security

297,630

265,389

Other creditors

14,927

21,002

418,802

363,632

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

19,445

25,036

Hire purchase contracts

132,791

65,620

152,236

90,656

30.11.25

30.11.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

1,756

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Hire purchase contracts

179,170

78,648

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

£

P Sands

Balance outstanding at start of year

341,958

375,022

Amounts advanced

156,531

-

Amounts repaid

(119,334

)

(33,064

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

379,155

341,958

Interest is charged at the official rate of interest on advances made to the director.