Kingsley Roofing (Southern) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04563382 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2021

for

Kingsley Roofing (Southern) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J K Taylor

SECRETARY:

Mrs P Bladen

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

50,277

-

CURRENT ASSETS

Stocks

122,600

-

Debtors

5

446,594

-

Cash at bank

38,058

-

607,252

-

CREDITORS

Amounts falling due within one year

6

264,493

28,680

NET CURRENT ASSETS/(LIABILITIES)

342,759

(28,680

)

TOTAL ASSETS LESS CURRENT LIABILITIES

393,036

(28,680

)

PROVISIONS FOR LIABILITIES

9,553

-

NET ASSETS/(LIABILITIES)

383,483

(28,680

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

383,383

(28,780

)

SHAREHOLDERS' FUNDS

383,483

(28,680

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 11 January 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 year was 12 (2020 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

Additions

56,245

At 30 September 2021

56,245

DEPRECIATION

Charge for year

5,968

At 30 September 2021

5,968

NET BOOK VALUE

At 30 September 2021

50,277

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade debtors

363,626

-

Other debtors

82,968

-

446,594

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade creditors

18,660

-

Taxation and social security

118,191

-

Other creditors

127,642

28,680

264,493

28,680