REGISTERED NUMBER: 10985985 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

STUART WHEELER ROOFING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Wheeler

REGISTERED OFFICE:

34 Normandy Way

Bodmin

Cornwall

PL31 1EX

REGISTERED NUMBER:

10985985 (England and Wales)

ACCOUNTANTS:

Whitakers

Chartered Accountants

Bryndon House

5/7 Berry Road

Newquay

Cornwall

TR7 1AD

FIXED ASSETS

Tangible assets

4

23,619

26,526

CURRENT ASSETS

Stocks

10,450

11,700

Debtors

5

194,105

164,714

Cash at bank

9,296

22,587

213,851

199,001

CREDITORS

Amounts falling due within one year

6

236,853

219,651

NET CURRENT LIABILITIES

(23,002

)

(20,650

)

TOTAL ASSETS LESS CURRENT LIABILITIES

617

5,876

CREDITORS

Amounts falling due after more than one year

7

-

5,638

NET ASSETS

617

238

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

417

38

617

238

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 23 September 2026 and were signed by:

S J Wheeler - Director

1.	STATUTORY INFORMATION

Stuart Wheeler Roofing Ltd 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

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 8 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2024

8,635

39,337

1,658

49,630

Additions

567

-

694

1,261

At 30 September 2025

9,202

39,337

2,352

50,891

DEPRECIATION

At 1 October 2024

4,063

17,915

1,126

23,104

Charge for year

771

3,213

184

4,168

At 30 September 2025

4,834

21,128

1,310

27,272

NET BOOK VALUE

At 30 September 2025

4,368

18,209

1,042

23,619

At 30 September 2024

4,572

21,422

532

26,526

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

Motor

vehicles

£

COST

At 1 October 2024

and 30 September 2025

6,000

DEPRECIATION

At 1 October 2024

and 30 September 2025

3,338

NET BOOK VALUE

At 30 September 2025

2,662

At 30 September 2024

2,662

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

2,569

10,670

Directors' current accounts

143,570

115,539

Tax

47,966

38,505

194,105

164,714

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

5,200

7,800

Hire purchase contracts

-

916

Trade creditors

69,745

73,385

Corporation tax

58,404

46,033

Social security and other taxes

38,653

35,332

VAT

58,185

49,889

Other creditors

5,066

4,841

Accrued expenses

1,600

1,455

236,853

219,651

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans - 1-2 years

-

5,638

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

30.9.25

30.9.24

£

£

S J Wheeler

Balance outstanding at start of year

115,539

80,188

Amounts advanced

85,713

64,340

Amounts repaid

(57,682

)

(28,989

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

143,570

115,539

Interest has been charged on the overdrawn directors loan account at the rate of 2.5% per annum.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by its director, Mr S J Wheeler, by virtue of the fact they own 100% of the company's ordinary share capital.