ROCKS PROPERTY RESTORATION LTD

Company Registration Number:
SC686703 (Scotland)

Unaudited abridged accounts for the year ended 31 January 2022

Period of accounts

Start date: 21 January 2021

End date: 31 January 2022

ROCKS PROPERTY RESTORATION LTD

Contents of the Financial Statements

for the Period Ended 31 January 2022

Balance sheet
Notes

ROCKS PROPERTY RESTORATION LTD

Balance sheet

As at 31 January 2022


Notes

2022


£
Called up share capital not paid: 0
Fixed assets
Intangible assets:   0
Tangible assets: 3 18,754
Investments:   0
Total fixed assets: 18,754
Current assets
Stocks: 0
Debtors: 4 6,641
Cash at bank and in hand: 35,007
Investments:   0
Total current assets: 41,648
Creditors: amounts falling due within one year: 5 (46,194)
Net current assets (liabilities): (4,546)
Total assets less current liabilities: 14,208
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: (3,563)
Total net assets (liabilities): 10,645
Capital and reserves
Called up share capital: 100
Share premium account: 0
Revaluation reserve: 0
Other reserves: 0
Profit and loss account: 10,545
Shareholders funds: 10,645

The notes form part of these financial statements

ROCKS PROPERTY RESTORATION LTD

Balance sheet statements

For the year ending 31 January 2022 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 18 August 2022
and signed on behalf of the board by:

Name: Tim Rocks
Status: Director

The notes form part of these financial statements

ROCKS PROPERTY RESTORATION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

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 recognised at the fair value of the consideration received or receivable for goods and servicesprovided in the normal course of business, and is shown net of VAT and other sales related taxes. The fairvalue of consideration takes into account trade discounts, settlement discounts and volume rebates.When cash inflows are deferred and represent a financing arrangement, the fair value of the considerationis the present value of the future receipts. The difference between the fair value of the consideration andthe nominal amount received is recognised as interest income

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net ofdepreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values overtheir useful lives on the following bases:Motor vehicles 25% Straight lineThe gain or loss arising on the disposal of an asset is determined as the difference between the saleproceeds and the carrying value of the asset, and is credited or charged to profit or loss.

ROCKS PROPERTY RESTORATION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

2. Employees

2022
Average number of employees during the period 4

ROCKS PROPERTY RESTORATION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

3. Tangible Assets

Total
Cost £
Additions 25,005
Disposals 0
Revaluations 0
Transfers 0
At 31 January 2022 25,005
Depreciation
Charge for year 6,251
On disposals 0
Other adjustments 0
At 31 January 2022 6,251
Net book value
At 31 January 2022 18,754

ROCKS PROPERTY RESTORATION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

4. Debtors

2022
£
Debtors due after more than one year: 0

Debtors 2022Amounts falling due within one year: Trade debtors £6,338Other debtors £303

ROCKS PROPERTY RESTORATION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

5. Creditors: amounts falling due within one year note

Corporation tax £6,346Other taxation and social security £11,515Other creditors £28,333