Company Registration No. 9236628 (England and Wales)
Cambridge Roofers Ltd
Unaudited accounts for filing with The Registrar
for the year ended 30 September 2021
Cambridge Roofers Ltd
Unaudited accounts for filing with The Registrar
Contents
Cambridge Roofers Ltd
Company Information
for the year ended 30 September 2021
Company Number
9236628 (England and Wales)
Registered Office
44 Hertford Street
Cambridge
CB4 3AG
Accountants
Andrew Yaras & Co.
2 Fishpool Street
St Albans
Herts
AL3 4RT
Cambridge Roofers Ltd
Statement of financial position
as at 30 September 2021
Tangible assets
46,210
46,921
Cash at bank and in hand
84,388
30,815
Creditors: amounts falling due within one year
(216,552)
(153,361)
Net current assets
108,075
49,628
Total assets less current liabilities
154,285
96,549
Creditors: amounts falling due after more than one year
(82,938)
(91,177)
Called up share capital
1
1
Profit and loss account
71,346
5,371
Shareholders' funds
71,347
5,372
For the year ending 30 September 2021 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 June 2022 and were signed on its behalf by
George Sugden
Director
Company Registration No. 9236628
Cambridge Roofers Ltd
Notes to the Accounts
for the year ended 30 September 2021
Cambridge Roofers Ltd is a private company, limited by shares, registered in England and Wales, registration number 9236628. The registered office is 44 Hertford Street, Cambridge, CB4 3AG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Government support grants are recognised in the accounts in other income on a systematic basis in the period that the relief relates to.
Taxation represents the sum of tax currently payable. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10-15% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
33.33% Straight Line
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Cambridge Roofers Ltd
Notes to the Accounts
for the year ended 30 September 2021
Trade and other debtors are recognised at the transaction value, less any impairment.
Trade creditors are recognised at their transaction value. Other creditors are included at fair value.
4
Tangible fixed assets
Total
At 30 September 2021
103,700
Charge for the year
17,053
At 30 September 2021
57,490
At 30 September 2021
46,210
At 30 September 2020
46,921
5
Transactions with related parties
At 30 September 2021 there was a loan due by a director of £17,124 (2020: £33,427). The loan was unsecured with interest at 2.5% per annum and was repaid by April 2022.
6
Average number of employees
During the year the average number of employees was 12 (2020: 9).
