ALDERMAN ROOFING LIMITED

ALDERMAN ROOFING LIMITED

ALDERMAN ROOFING LIMITED - Company Information

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ALDERMAN ROOFING LIMITED

Company Registration Number:
04839679 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

ALDERMAN ROOFING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

ALDERMAN ROOFING LIMITED

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 30,000 40,000
Tangible assets: 4 162,396 148,083
Investments:   0 0
Total fixed assets: 192,396 188,083
Current assets
Stocks: 1,375 1,595
Debtors: 5 400,459 443,456
Cash at bank and in hand: 633,314 256,693
Investments:   0 0
Total current assets: 1,035,148 701,744
Creditors: amounts falling due within one year: 6 (367,460) (251,632)
Net current assets (liabilities): 667,688 450,112
Total assets less current liabilities: 860,084 638,195
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 860,084 638,195
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 859,984 638,095
Shareholders funds: 860,084 638,195

The notes form part of these financial statements

ALDERMAN ROOFING LIMITED

Balance sheet statements

For the year ending 31 March 2021 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 August 2021
and signed on behalf of the board by:

Name: Mr S Alderman
Status: Director

The notes form part of these financial statements

ALDERMAN ROOFING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life :Plant and Machinery : 10% reducing balance

Intangible fixed assets and amortisation policy

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Valuation and information policy

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

Other accounting policies

Deferred taxDeferred 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 ans 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.Hire purchase and leasing commitmentsRentals paid under operating leases are charged to profit and loss on a straight line basis over the period of the lease.

ALDERMAN ROOFING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 3 10

ALDERMAN ROOFING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Intangible Assets

Total
Cost £
At 01 April 2020 100,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2021 100,000
Amortisation
At 01 April 2020 60,000
Charge for year 10,000
On disposals 0
Other adjustments 0
At 31 March 2021 70,000
Net book value
At 31 March 2021 30,000
At 31 March 2020 40,000

ALDERMAN ROOFING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Tangible Assets

Total
Cost £
At 01 April 2020 223,126
Additions 37,141
Disposals (10,000)
Revaluations 0
Transfers 0
At 31 March 2021 250,267
Depreciation
At 01 April 2020 75,043
Charge for year 18,044
On disposals (5,216)
Other adjustments 0
At 31 March 2021 87,871
Net book value
At 31 March 2021 162,396
At 31 March 2020 148,083

ALDERMAN ROOFING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

5. Debtors

2021 2020
££
Debtors due after more than one year: 0 0

ALDERMAN ROOFING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

6. Creditors: amounts falling due within one year note

Bank loans and overdrafts 3808 (2021) 1541 (2020)Hire purchase contracts 70670 (2021) 68245 (2020)Trade creditors 163992 (2021) 63792 (2020)Taxation and social security 61537 (2021) 75319 (2020)Other creditors 67453 (2021) 42735 (2020)TOTAL 367460 (2021) 251632 (2020)