REGISTERED NUMBER: SC416036 (Scotland)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Metal Tech Roofing & Cladding Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTORS:

G Simmons

D A Terras

REGISTERED OFFICE:

Kelvin House

87 Calder Street

Coatbridge

ML5 4RY

REGISTERED NUMBER:

SC416036 (Scotland)

ACCOUNTANTS:

Sharles Ltd

Chartered Accountants

29 Brandon Street

Hamilton

ML3 6DA

FIXED ASSETS

Tangible assets

5

55,737

60,053

CURRENT ASSETS

Stocks

1,715,967

2,807,517

Debtors

6

1,044,729

674,331

Cash at bank

629,671

371,437

3,390,367

3,853,285

CREDITORS

Amounts falling due within one year

7

2,090,823

2,999,454

NET CURRENT ASSETS

1,299,544

853,831

TOTAL ASSETS LESS CURRENT LIABILITIES

1,355,281

913,884

CREDITORS

Amounts falling due after more than one year

8

-

(96,001

)

PROVISIONS FOR LIABILITIES

(13,934

)

(15,013

)

NET ASSETS

1,341,347

802,870

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,341,247

802,770

SHAREHOLDERS' FUNDS

1,341,347

802,870

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 19 October 2026 and were signed on its behalf by:

G Simmons - Director

1.	STATUTORY INFORMATION

Metal Tech Roofing & Cladding Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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. There were no material departures from that standard.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover and revenue recognition

Turnover is derived from roofing and cladding services supplied by the company.

Turnover is measured at the fair value of these services supplied, net of discounts and excluding value added tax, and is recognised at the point that the company obtains the right to consideration.

Retentions are accounted for on a cash basis as and when they are received.

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 etc

-

25% on cost

At each balance sheet date, the company reviews the carrying amounts 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. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Expenditure of £1,000 or more on individual tangible fixed assets is capitalised at cost. Expenditure on assets below this threshold is charged directly to the profit and loss account in the period it is incurred.

Stocks and work in progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to the income statement 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 amounts of stocks recognised as an expense in the period in which the reversal occurs.

Work in progress is stated at the lower of cost and net realisable value. Costs comprise direct material and labour costs, plus attributable overheads based on a normal level of activity. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

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 and the pension charge represents the amounts payable by the company to the fund in respect of the year.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2025 - 38 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

237,678

Additions

23,692

Disposals

(89,745

)

At 28 February 2026

171,625

DEPRECIATION

At 1 March 2025

177,625

Charge for year

28,008

Eliminated on disposal

(89,745

)

At 28 February 2026

115,888

NET BOOK VALUE

At 28 February 2026

55,737

At 28 February 2025

60,053

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

Plant and

machinery

etc

£

COST

At 1 March 2025

23,995

Transfer to ownership

(2,397

)

At 28 February 2026

21,598

DEPRECIATION

At 1 March 2025

15,398

Charge for year

5,400

Transfer to ownership

(9,999

)

At 28 February 2026

10,799

NET BOOK VALUE

At 28 February 2026

10,799

At 28 February 2025

8,597

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

890,434

523,182

Other debtors

154,295

151,149

1,044,729

674,331

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

94,416

197,885

Hire purchase contracts

1,658

11,968

Trade creditors

815,355

1,636,648

Taxation and social security

452,044

490,136

Other creditors

727,350

662,817

2,090,823

2,999,454

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

95,328

Hire purchase contracts

-

673

-

96,001

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

94,416

293,213

The bank loan is supported by a 100% guarantee from the UK Government.

10.	PENSION COMMITMENTS

Included within other creditors are overpaid contributions totalling £5,392 which were due from the pension scheme at the year end (2025: £5,814 due to pension scheme).

11.	RELATED PARTY DISCLOSURES

Tersim Holdings Ltd

During the year, transactions took place with Tersim Holding Ltd, a company which holds 100% of the share capital in the Metal Tech Roofing and Cladding Ltd. During the year, Metal Tech Roofing & Cladding Ltd repaid loans to Tersim Holdings Ltd of £120,000. At the year end, the balance due to Tersim Holdings Ltd was £590,979 (2025: £470,979). There are no fixed repayment terms and no interest charged.

AG Roofing & Cladding Ltd

During the year, transactions took place with AG Roofing and Cladding Ltd, a company which G Simmons is also a director. Metal Tech Roofing and Cladding Ltd paid £52,363 (2025: £106,877) in management fees to AG Roofing and Cladding Ltd. At the year end, the balance owed to AG Roofing & Cladding Ltd was £5,575 (2025: £29,575). There are no fixed repayment terms and no interest charged.

Brightskye Ltd

Brighskye Ltd is a company in which G Simmons is also a director. At the year end, the balance owed to Metal Tech Roofing & Cladding Ltd by this company was £96,237 (2025: £96,237). There are no fixed repayment terms and no interest charged.

MT Drylining Ltd

MT Drylining Ltd is a company in which G Simmons is also a director. At the year end the balance owed to Metal Tech Roofing & Cladding Ltd by this company was £7,995 (2025: £3,865). There are no fixed repayment terms and no interest charged.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Metal Tech Roofing & Cladding Ltd for the year ended 28 February 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Metal Tech Roofing & Cladding Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Metal Tech Roofing & Cladding Ltd and state those matters that we have agreed to state to the Board of Directors of Metal Tech Roofing & Cladding Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Metal Tech Roofing & Cladding Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Metal Tech Roofing & Cladding Ltd. You consider that Metal Tech Roofing & Cladding Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Metal Tech Roofing & Cladding Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sharles Ltd

Chartered Accountants

29 Brandon Street

Hamilton

ML3 6DA

19 October 2026