Cole Roofing Services Ltd,Ltd - AccountsLtd - Accounts

Cole Roofing Services Ltd,Ltd - AccountsLtd - Accounts

COLE ROOFING SERVICES LTD - Company Information

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2020-01-01 06023887 2020-12-31 06023887 2020-01-01 2020-12-31 06023887 2019-12-31 06023887 2019-01-01 2019-12-31 06023887 uk-core:WithinOneYear 2019-12-31 06023887 uk-core:WithinOneYear 2020-12-31 06023887 uk-core:AfterOneYear 2019-12-31 06023887 uk-core:AfterOneYear 2020-12-31 06023887 uk-core:ShareCapital 2020-12-31 06023887 uk-core:ShareCapital 2019-12-31 06023887 uk-core:RetainedEarningsAccumulatedLosses 2020-12-31 06023887 uk-core:RetainedEarningsAccumulatedLosses 2019-12-31 06023887 uk-bus:Director1 2020-01-01 2020-12-31 06023887 uk-core:PlantMachinery 2020-01-01 2020-12-31 06023887 uk-core:CommercialMotorVehicles 2020-01-01 2020-12-31 06023887 uk-core:FurnitureFittings 2020-01-01 2020-12-31 06023887 uk-core:FurnitureFittings 2019-12-31 06023887 uk-core:CommercialMotorVehicles 2019-12-31 06023887 uk-core:PlantMachinery 2019-12-31 06023887 uk-core:PlantMachinery 2020-12-31 06023887 uk-core:CommercialMotorVehicles 2020-12-31 06023887 uk-core:FurnitureFittings 2020-12-31 06023887 uk-core:WithinOneYear 2020-12-31 06023887 uk-core:WithinOneYear 2019-12-31 06023887 uk-core:AfterOneYear uk-core:Secured 2020-12-31 06023887 uk-core:AfterOneYear uk-core:Secured 2019-12-31 iso4217:GBP xbrli:pure 06023887 uk-bus:AuditExemptWithAccountantsReport 2020-01-01 2020-12-31 06023887 uk-bus:FRS102 2020-01-01 2020-12-31 06023887 uk-bus:FullAccounts 2020-01-01 2020-12-31 06023887 uk-bus:PrivateLimitedCompanyLtd 2020-01-01 2020-12-31
Cole Roofing Services Ltd
Registered Number:06023887
For the year ended 31 December 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2020
Cole Roofing Services Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
06023887
As at 31 December 2020
Cole Roofing Services Ltd
Statement of Financial Position
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
16,737
16,483
2
16,737
16,483
Current assets
Trade and other receivables
8,366
12,565
3
17,521
Cash and cash equivalents
25,561
38,126
25,887
Trade and other payables: amounts falling due within one
year
(23,814)
(43,840)
4
2,073
(5,714)
Net current liabilities
Total assets less current liabilities
11,023
18,556
Trade and other payables: amounts falling due after more
than one year
-
(10,000)
5
140
-
Provisions for liabilities
1,163
Net assets
18,556
Capital and reserves
Called up share capital
1
1
Retained earnings
1,162
18,555
1,163
18,556
Shareholders' funds
For the year ended 31 December 2020 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 of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Steven Cole Director
These financial statements were approved and authorised for issue by the Board on 27 June 2021 and were signed by:
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4
Registered Number :
06023887
For the year ended 31 December 2020
Cole Roofing Services Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 December 2020
Cole Roofing Services Ltd
Notes to the Financial Statements
Statutory Information
Cole Roofing Services Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06023887.
Registered address:
103 Bradley House
Radcliffe Moor Road
Bolton
Lancs
BL2 6RT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
15% Reducing balance
25% Reducing balance
Motor Vehicles
15% Reducing balance
Furniture and Fittings
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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6
For the year ended 31 December 2020
Cole Roofing Services Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 January 2020
26,410
2,885
11,725
11,800
4,295
-
4,295
-
Additions
At 31 December 2020
11,800
16,020
2,885
30,705
Provision for depreciation and impairment
At 01 January 2020
9,927
1,379
6,778
1,770
Charge for year
4,041
226
2,310
1,505
At 31 December 2020
13,968
1,605
9,088
3,275
At 31 December 2020
Net book value
8,525
6,932
1,280
16,737
At 31 December 2019
10,030
4,947
1,506
16,483
3. Trade and other receivables
2019
2020
£
£
Trade debtors
12,565
8,366
4. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Bank loans and overdraft
-
8,186
Trade creditors
21,905
(1)
Taxation and social security
17,592
11,142
Other creditors
4,343
4,487
43,840
23,814
5. Trade and other payables: amounts falling due after more than one year
2019
2020
£
£
Bank loans and overdraft
10,000
-
6. Average number of persons employed
During the year the average number of employees was 0 (2019 : 1)
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7
For the year ended 31 December 2020
Cole Roofing Services Ltd
Notes to the Financial Statements Continued
5 of 5