REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2021 to 30 April 2022 |
for |
Rocket Horse Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2021 to 30 April 2022 |
for |
Rocket Horse Limited |
Rocket Horse Limited (Registered number: 08253241) |
Contents of the Financial Statements |
for the Period 1 November 2021 to 30 April 2022 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Rocket Horse Limited |
Company Information |
for the Period 1 November 2021 to 30 April 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
D4 Joseph's Well |
Hanover Walk |
Leeds |
West Yorkshire |
LS3 1AB |
Rocket Horse Limited (Registered number: 08253241) |
Statement of Financial Position |
30 April 2022 |
30.4.22 | 31.10.21 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS/(LIABILITIES) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings | ( |
) | ( |
) |
( |
) |
The directors acknowledge their 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. |
Rocket Horse Limited (Registered number: 08253241) |
Statement of Financial Position - continued |
30 April 2022 |
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 Board of Directors and authorised for issue on |
Rocket Horse Limited (Registered number: 08253241) |
Notes to the Financial Statements |
for the Period 1 November 2021 to 30 April 2022 |
1. | STATUTORY INFORMATION |
Rocket Horse Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Intangible assets |
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. |
Tangible fixed assets |
Plant and machinery etc | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 and laws that have been enacted or substantively enacted by the period 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. |
Research and development expenditure |
Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated. |
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. |
Rocket Horse Limited (Registered number: 08253241) |
Notes to the Financial Statements - continued |
for the Period 1 November 2021 to 30 April 2022 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1 November 2021 |
Additions |
At 30 April 2022 |
AMORTISATION |
At 1 November 2021 |
Charge for period |
At 30 April 2022 |
NET BOOK VALUE |
At 30 April 2022 |
At 31 October 2021 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 November 2021 |
and 30 April 2022 |
DEPRECIATION |
At 1 November 2021 |
Charge for period |
At 30 April 2022 |
NET BOOK VALUE |
At 30 April 2022 |
At 31 October 2021 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.22 | 31.10.21 |
£ | £ |
Trade debtors |
Other debtors |
Rocket Horse Limited (Registered number: 08253241) |
Notes to the Financial Statements - continued |
for the Period 1 November 2021 to 30 April 2022 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.22 | 31.10.21 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security | ( |
) | ( |
) |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.4.22 | 31.10.21 |
£ | £ |
Bank loans |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 30 April 2022 and the year ended 31 October 2021: |
30.4.22 | 31.10.21 |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) |
10. | RELATED PARTY DISCLOSURES |
At the reporting date, interest-free loans to the company from members of key management personnel totalling £75,089 were outstanding. This amount is presented within current liabilities. |