A.S.B. Roofing & Maintenance Limited - Accounts to registrar (filleted) - small 23.1.5

REGISTERED NUMBER: 08238807 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

A.S.B. ROOFING & MAINTENANCE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S B Baldwin

A W Baldwin

SECRETARY:

Ms B N Baldwin

REGISTERED OFFICE:

C/O Ground Floor

St Paul's House

23 Park Square

Leeds

Yorkshire

LS1 2ND

REGISTERED NUMBER:

08238807 (England and Wales)

ACCOUNTANTS:

Sedulo Leeds Limited

St Paul's House

23 Park Square

Leeds

West Yorkshire

LS1 2ND

FIXED ASSETS

Tangible assets

4

498

665

CURRENT ASSETS

Debtors

5

21,437

21,476

Cash at bank

8,635

12,826

30,072

34,302

CREDITORS

Amounts falling due within one year

6

16,965

11,210

NET CURRENT ASSETS

13,107

23,092

TOTAL ASSETS LESS CURRENT LIABILITIES

13,605

23,757

PROVISIONS FOR LIABILITIES

125

166

NET ASSETS

13,480

23,591

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

13,380

23,491

SHAREHOLDERS' FUNDS

13,480

23,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 5 September 2023 and were signed on its behalf by:

S B Baldwin - Director

1.	STATUTORY INFORMATION

A.S.B. Roofing & Maintenance Limited 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.

The principal activity of the Company in the year under review was that of roofing and maintenance contractors.

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.

The presentation currency of the financial statements is the Pound Sterling, which is the functional currency of the company, rounded to the nearest £1.

At the time of signing these accounts, having considered the economic climate, the Directors expectations and intentions for the next twelve months, and the availability of working capital, the Directors are of the opinion that the Company will remain viable for the foreseeable future and therefore these Financial Statements have been prepared on the Going Concern basis.

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.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2022

and 30 April 2023

7,294

DEPRECIATION

At 1 May 2022

6,629

Charge for year

167

At 30 April 2023

6,796

NET BOOK VALUE

At 30 April 2023

498

At 30 April 2022

665

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Other debtors

21,437

21,476

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Trade creditors

120

-

Taxation and social security

5,093

5,288

Other creditors

11,752

5,922

16,965

11,210

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2023 and 30 April 2022:

30.4.23

30.4.22

£

£

A W Baldwin

Balance outstanding at start of year

(2,336

)

(4,354

)

Amounts advanced

360

4,018

Amounts repaid

(2,000

)

(2,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,976

)

(2,336

)

S B Baldwin

Balance outstanding at start of year

-

-

Amounts advanced

360

3,000

Amounts repaid

(4,000

)

(3,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,640

)

-