Greyfriars Roofing Ltd Accounts






Greyfriars Roofing Ltd

	Company No. SC688963
		Information for Filing with The Registrar
		31 March 2026

The Director presents his report and the accounts for the year ended 31 March 2026.

Principal activities
The principal activity of the company during the year under review was roofing activities.




Director

The Director who served at any time during the year was as follows:

K. McLennan









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

K. McLennan
Director
13 October 2026

at	31 March 2026
Company No.		SC688963	Notes	2026	2025
				£	£
Fixed assets

	Tangible assets		4	64,279	61,555


				64,279	61,555
Current assets
	Stocks		5	15,000	7,000
	Debtors		6	159,971	49,506

	Cash at bank and in hand			97,303	227,352
				272,274	283,858
Creditors: Amount falling due within one year			7	(111,756)	(114,561)
Net current assets				160,518	169,297
Total assets less current liabilities				224,797	230,852
Creditors: Amounts falling due after more than one year			8	(34,167)	(35,583)



Net assets				190,630	195,269

Capital and reserves
	Called up share capital			1	1



	Profit and loss account		10	190,629	195,268

Total equity				190,630	195,269



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 13 October 2026 and signed on its behalf by:
K. McLennan
Director
13 October 2026

for the year ended 31 March 2026

General information

Greyfriars Roofing Ltd is a private company limited by shares and incorporated in Scotland.

Its registered number is: SC688963

Its registered office is:

3 Queen Street

Edinburgh

Scotland

EH2 1JE

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

20% Reducing Balance

Motor vehicles

20% Reducing Balance

Furniture, fittings and equipment

20% Reducing Balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	10	11

4	Tangible fixed assets
			Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 April 2025	2,955	103,475	358	106,788
		Additions	-	16,000	966	16,966



		At 31 March 2026	2,955	119,475	1,324	123,754
		Depreciation
		At 1 April 2025	1,486	43,547	200	45,233
		Charge for the year	294	13,852	96	14,242



		At 31 March 2026	1,780	57,399	296	59,475
		Net book values
		At 31 March 2026	1,175	62,076	1,028	64,279
		At 31 March 2025	1,469	59,928	158	61,555

5	Stocks
			2026	2025
			£	£
		Raw materials and consumables	15,000	7,000


			15,000	7,000

6	Debtors
			2026	2025
			£	£
		Trade debtors	31,453	11,291





		Other debtors	53,887	38,215
		Prepayments and accrued income	74,631	-
			159,971	49,506

7	Creditors:
		amounts falling due within one year
			2026	2025
			£	£




		Trade creditors	19,509	21,248

		Taxes and social security	92,247	93,142

		Other creditors	-	170
		Accruals and deferred income	-	1
			111,756	114,561

8	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£


		Other loans	34,167	35,583





			34,167	35,583

Share Capital

1 ordinary share fully paid at £1 per share.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

11	Dividends
			2026	2025
			£	£
		Dividends for the period:
		Dividends paid in the period	668	5,302

			668	5,302

		Dividends by type:
		Non-equity preference dividends	-	-
		Equity dividends	668	5,302
			668	5,302