AB Roofing Solutions Limited - Filleted accounts

Registered number

07298992

AB Roofing Solutions Limited

Filleted Accounts

31 March 2026

AB Roofing Solutions Limited
Registered number:		07298992
Balance Sheet
as at 31 March 2026

Notes			2026		2025

Fixed assets
Intangible assets	3		1		1
Tangible assets	4		448,079		473,006
			448,080		473,007

Current assets
Stocks		360,275		570,077
Debtors	5	3,967,286		3,476,209
Cash at bank and in hand		695,863		462,468
		5,023,424		4,508,754

Creditors: amounts falling due within one year	6	(3,510,273)		(2,398,008)

Net current assets			1,513,151		2,110,746

Total assets less current liabilities			1,961,231		2,583,753

Creditors: amounts falling due after more than one year	7		(74,853)		(79,331)

Provisions for liabilities			(107,776)		(114,008)


Net assets			1,778,602		2,390,414

Capital and reserves
Called up share capital			150		150
Profit and loss account			1,778,452		2,390,264

Shareholders' funds			1,778,602		2,390,414

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


A Burgess
Director
Approved by the board on 13 August 2026

AB Roofing Solutions Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant, machinery, fixtures and office equipment	15% reducing balance or 33.33% straight line
	Motor vehicles	25% straight line


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Grant income
	Capital and revenue grants are recognised in income on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		38		44


3	Intangible fixed assets
	Goodwill:

	Cost
	At 1 April 2025				10,000
	At 31 March 2026				10,000

	Amortisation
	At 1 April 2025				9,999
	At 31 March 2026				9,999

	Net book value
	At 31 March 2026				1
	At 31 March 2025				1

	Goodwill has been written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Plant and machinery etc	Motor vehicles		Total

	Cost
	At 1 April 2025	281,331	716,220		997,551
	Additions	28,163	293,949		322,112
	Disposals	-	(279,001)		(279,001)
	At 31 March 2026	309,494	731,168		1,040,662

	Depreciation
	At 1 April 2025	130,555	393,990		524,545
	Charge for the year	30,683	159,876		190,559
	On disposals	-	(122,521)		(122,521)
	At 31 March 2026	161,238	431,345		592,583

	Net book value
	At 31 March 2026	148,256	299,823		448,079
	At 31 March 2025	150,776	322,230		473,006


5	Debtors		2026		2025


	Trade debtors		3,158,248		3,109,217
	Corporation tax repayable		99,241		-
	Other debtors		709,797		366,992
			3,967,286		3,476,209


6	Creditors: amounts falling due within one year		2026		2025


	Bank loans and overdrafts		1,761		10,449
	Other loan		175,373		-
	Obligations under finance lease and hire purchase contracts		15,369		17,854
	Trade creditors		1,768,432		1,775,291
	Taxation and social security costs		172,501		480,668
	Other creditors		1,376,837		113,746
			3,510,273		2,398,008


7	Creditors: amounts falling due after one year		2026		2025


	Bank loans		-		1,769
	Obligations under finance lease and hire purchase contracts		74,853		77,562
			74,853		79,331


8	Loans		2026		2025

	Creditors include:

	Secured bank loan, hire purchase contracts and other loans		267,356		107,634

	The hire purchase contracts are secured on specific assets owned by the company. The bank loan is a Covid Bounce Back Loan and is secured by the UK Government.The other loan is a Funding Circle loan secured by personal guarantee given by the directors.


9	Other financial commitments		2026		2025


	Total future minimum payments under non-cancellable operating leases		451,442		151,269


10	Related party transactions

	All transactions with related parties were carried out under normal market conditions. Advances, Credits and Guarantees At the balance sheet date, the following amounts were due from/(to) directors: Loan balance: £(766) (2025: £(65)) The loan is interest-free, unsecured and repayable on demand. No guarantees have been given to or on behalf of the directors. At the balance sheet date the company was owed £397,715 (2025 - £205,706) from related companies. No interest is charged on any amounts owed.

11	Controlling party

	The directors consider that there is no individual controlling party.


12	Other information

	AB Roofing Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
	22d Orgreave Crescent
	Dore House Industrial Estate
	Sheffield
	South Yorkshire
	S13 9NQ