Company Registration No. 03857308 (England and Wales)
GROVE ROOFING CONTRACTORS LIMITED
Unaudited accounts
for the year ended 31 March 2023
GROVE ROOFING CONTRACTORS LIMITED
Unaudited accounts
Contents
GROVE ROOFING CONTRACTORS LIMITED
Company Information
for the year ended 31 March 2023
Directors
Patrick Gerard Moran
Noreen Moran
Secretary
Patrick Gerard Moran
Company Number
03857308 (England and Wales)
Registered Office
Grove House
11 Hay Lane
London
NW9 0NH
England
Accountants
Evolve Accounting and Tax Solutions Ltd
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
GROVE ROOFING CONTRACTORS LIMITED
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
357,545
427,667
Creditors: amounts falling due within one year
(96,336)
(102,861)
Net current assets
318,301
324,806
Net assets
318,301
324,806
Called up share capital
100
100
Profit and loss account
318,201
324,706
Shareholders' funds
318,301
324,806
For the year ending 31 March 2023 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 13 September 2023 and were signed on its behalf by
Patrick Gerard Moran
Director
Company Registration No. 03857308
GROVE ROOFING CONTRACTORS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
GROVE ROOFING CONTRACTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03857308. The registered office is Grove House, 11 Hay Lane, London, NW9 0NH, England.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
GROVE ROOFING CONTRACTORS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
6,800
Loans from directors
95,186
94,761
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
