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Registered number: 03314651
Keynes Roofing Centre Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03314651
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 259 387
Tangible Assets 5 280,903 194,821
281,162 195,208
CURRENT ASSETS
Stocks 6 462,710 488,881
Debtors 7 823,301 902,322
Cash at bank and in hand 577,463 515,015
1,863,474 1,906,218
Creditors: Amounts Falling Due Within One Year 8 (633,834 ) (616,187 )
NET CURRENT ASSETS (LIABILITIES) 1,229,640 1,290,031
TOTAL ASSETS LESS CURRENT LIABILITIES 1,510,802 1,485,239
PROVISIONS FOR LIABILITIES
Deferred Taxation (68,674 ) (42,260 )
NET ASSETS 1,442,128 1,442,979
CAPITAL AND RESERVES
Called up share capital 9 92,100 92,100
Profit and Loss Account 1,350,028 1,350,879
SHAREHOLDERS' FUNDS 1,442,128 1,442,979
Page 1
Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Evans
Director
14 September 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Keynes Roofing Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03314651 . The registered office is 60 Colts Holm Road, Old Wolverton, Milton Keynes, Bucks, MK12 5QD.
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 section 1A Small Entities "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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets relates to software. It is amortised to the profit and loss account over its estimated economic life of 10 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:
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 33% on cost
2.5. 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 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.
2.6. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2025: 11)
11 11
4. Intangible Assets
Other
£
Cost
As at 1 April 2025 11,860
As at 31 March 2026 11,860
Amortisation
As at 1 April 2025 11,473
Provided during the period 128
As at 31 March 2026 11,601
Net Book Value
As at 31 March 2026 259
As at 1 April 2025 387
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 19,167 390,580 10,064 7,035 426,846
Additions 18,368 148,913 - 569 167,850
Disposals (528 ) (122,395 ) - - (122,923 )
As at 31 March 2026 37,007 417,098 10,064 7,604 471,773
Depreciation
As at 1 April 2025 13,332 207,675 5,410 5,608 232,025
Provided during the period 5,427 56,587 931 936 63,881
Disposals (132 ) (104,904 ) - - (105,036 )
As at 31 March 2026 18,627 159,358 6,341 6,544 190,870
Net Book Value
As at 31 March 2026 18,380 257,740 3,723 1,060 280,903
As at 1 April 2025 5,835 182,905 4,654 1,427 194,821
6. Stocks
2026 2025
£ £
Stock 462,710 488,881
Page 4
Page 5
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 792,688 861,119
Amounts owed by participating interests 6,769 7,044
Other debtors 23,844 34,159
823,301 902,322
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 551,117 507,308
Other creditors 15,099 22,940
Taxation and social security 67,618 85,939
633,834 616,187
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 92,100 92,100
10. Pension Commitments
The company operates a defined contribution pension scheme for the employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £1,137 (PY £1,650) were due to the fund. They are included in Other Creditors.
Page 5