Kingsley Roofing (Southern) Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 04563382 (England and Wales)

Unaudited Financial Statements

for the Period 1 October 2021 to 30 June 2022

for

Kingsley Roofing (Southern) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J K Taylor

SECRETARY:

J K Taylor

REGISTERED OFFICE:

15 Sea Lane

Ferring

West Sussex

BN12 5DP

REGISTERED NUMBER:

04563382 (England and Wales)

ACCOUNTANTS:

Reeves Wilkinson Limited trading as Botting & Co

Chartered Certified Accountants

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

FIXED ASSETS

Tangible assets

4

41,841

50,277

CURRENT ASSETS

Stocks

34,889

122,600

Debtors

5

1,048,399

446,594

Cash at bank

29,738

38,058

1,113,026

607,252

CREDITORS

Amounts falling due within one year

6

(643,058

)

(264,493

)

NET CURRENT ASSETS

469,968

342,759

TOTAL ASSETS LESS CURRENT LIABILITIES

511,809

393,036

PROVISIONS FOR LIABILITIES

(7,950

)

(9,553

)

NET ASSETS

503,859

383,483

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

503,759

383,383

SHAREHOLDERS' FUNDS

503,859

383,483

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 November 2022 and were signed by:

J K Taylor - Director

1.	STATUTORY INFORMATION

Kingsley Roofing (Southern) Ltd 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.

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.

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.

Motor vehicles

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 20 (2021 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 October 2021

and 30 June 2022

56,245

DEPRECIATION

At 1 October 2021

5,968

Charge for period

8,436

At 30 June 2022

14,404

NET BOOK VALUE

At 30 June 2022

41,841

At 30 September 2021

50,277

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

30.9.21

£

£

Trade debtors

77,181

363,626

Other debtors

971,218

82,968

1,048,399

446,594

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

30.9.21

£

£

Trade creditors

113,541

18,660

Taxation and social security

139,540

118,191

Other creditors

389,977

127,642

643,058

264,493