SM Roofing And Cladding Limited 31/05/2026 iXBRL

Company registration number: 12025484

SM Roofing And Cladding Limited

Unaudited filleted financial statements

31 May 2026

SM Roofing And Cladding Limited

Contents

Statement of financial position

Statement of changes in equity

Notes to the financial statements

SM Roofing And Cladding Limited

Statement of financial position

31 May 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	253,046		38,274
		_______		_______
			253,046		38,274

Current assets
Debtors	6	23,542		30,271
Cash at bank and in hand		78,254		427,782
		_______		_______
		101,796		458,053
Creditors: amounts falling due
within one year	7	( 29,379)		( 136,893)
		_______		_______
Net current assets			72,417		321,160
			_______		_______
Total assets less current liabilities			325,463		359,434

Creditors: amounts falling due
after more than one year	8		-		( 7,670)

Provisions for liabilities			( 23,275)		( 5,986)

			_______		_______
Net assets			302,188		345,778
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			302,088		345,678
			_______		_______
Shareholders funds			302,188		345,778
			_______		_______

For the year ending 31 May 2026 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 12 October 2026 , and are signed on behalf of the board by:

Mrs Samantha Jo Murphy

Director

Company registration number: 12025484

SM Roofing And Cladding Limited

Statement of changes in equity

Year ended 31 May 2026

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 June 2024	100	105,515	122,189

Profit for the year		325,807	325,807
Other comprehensive income for the year:
Reclassification from fair value reserve to profit and loss account		16,574	-
	_______	_______	_______
Total comprehensive income for the year	-	342,381	325,807

Dividends paid and payable		( 102,218)	( 102,218)
	_______	_______	_______
Total investments by and distributions to owners	-	( 102,218)	( 102,218)

	_______	_______	_______
At 31 May 2025 and 1 June 2025	100	345,678	345,778

Profit for the year		94,632	94,632
	_______	_______	_______
Total comprehensive income for the year	-	94,632	94,632

Dividends paid and payable		( 138,222)	( 138,222)
	_______	_______	_______
Total investments by and distributions to owners	-	( 138,222)	( 138,222)

	_______	_______	_______
At 31 May 2026	100	302,088	302,188
	_______	_______	_______

SM Roofing And Cladding Limited

Notes to the financial statements

Year ended 31 May 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is St Ann's Mount, 166 Prescot Road, St Helens, Merseyside, WA10 3TS.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts 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, except to the extent 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 in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	2 %	straight line
Fittings fixtures and equipment	-	15 %	straight line
Motor vehicles	-	15% straight line to a residual value
Computer equipment	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

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. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

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 company 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 company 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.

Provisions

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.

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, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Tangible assets

	Freehold property	Fixtures, fittings and equipment	Motor vehicles	Computer equipment	Total
	£	£	£	£	£
Cost
At 1 June 2025	-	4,493	35,998	4,278	44,769
Additions	208,461	27,799	-	1,182	237,442
Disposals	-	-	( 19,750)	( 958)	( 20,708)
	_______	_______	_______	_______	_______
At 31 May 2026	208,461	32,292	16,248	4,502	261,503
	_______	_______	_______	_______	_______
Depreciation
At 1 June 2025	-	3,711	516	2,268	6,495
Charge for the year	-	989	3,562	619	5,170
Disposals	-	-	( 2,250)	( 958)	( 3,208)
	_______	_______	_______	_______	_______
At 31 May 2026	-	4,700	1,828	1,929	8,457
	_______	_______	_______	_______	_______
Carrying amount
At 31 May 2026	208,461	27,592	14,420	2,573	253,046
	_______	_______	_______	_______	_______
At 31 May 2025	-	782	35,482	2,010	38,274
	_______	_______	_______	_______	_______

6. Debtors

	2026	2025
	£	£
Trade debtors	10,840	19,921
Other debtors	12,702	10,350
	_______	_______
	23,542	30,271
	_______	_______

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	7,670	10,006
Trade creditors	-	528
Social security and other taxes	17,060	111,969
Other creditors	4,649	14,390
	_______	_______
	29,379	136,893
	_______	_______

The above balance of bank loans and overdrafts due within one year is a bank loan obtained under the government secured Coronavirus Bounce Back Loan Scheme amounting to £7,670 (2025: £10,006).

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	-	7,670
	_______	_______

The above balance of bank loans and overdrafts due in more than one year is a bank loan obtained under the government secured Coronavirus Bounce Back Loan Scheme amounting to £Nil (2025: £7,670). The interest rate on the loan is fixed at 2.5%.