Andy Rogers Limited


Director	Rogers, Michael Andrew


Registered Address	103 North Street
	Martock
	Somerset
	TA12 6EJ


Registered Number	04767882 (England and Wales)

Balance Sheet as at
31 March 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	5		83,701		86,793
			83,701		86,793
Current assets
Stocks		2,500		2,500
Debtors	6	19,714		11,963
Cash at bank and on hand		42,872		51,473
		65,086		65,936
Creditors amounts falling due within one year	7	(101,880)		(85,073)
Net current assets (liabilities)			(36,794)		(19,137)
Total assets less current liabilities			46,907		67,656
Creditors amounts falling due after one year	8		(25,981)		(34,948)
Provisions for liabilities			(7,190)		(7,102)
Net assets			13,736		25,606
Capital and reserves
Called up share capital			2		2
Profit and loss account			13,734		25,604
Shareholders' funds			13,736		25,606

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 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 and loss account.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 14 August 2023, and are signed on its behalf by:

Rogers, Michael Andrew
Director
Registered Company No. 04767882

Andy Rogers Limited

Notes to the Financial Statements
for the year ended 31 March 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Fixtures and fittings	25	-
Vehicles	25	-
Office Equipment	-	3

	Stocks policy
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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 policy
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

4.	Employee information


		2023		2022
	Average number of employees during the year	2		3

5.	Property, plant and equipment

		Total
		£
	Cost or valuation
	At 01 April 22	171,325
	Additions	7,242
	At 31 March 23	178,567
	Depreciation and impairment
	At 01 April 22	84,532
	Charge for year	10,334
	At 31 March 23	94,866
	Net book value
	At 31 March 23	83,701
	At 31 March 22	86,793

6.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	19,714	1,887
Other debtors	-	10,076
Total	19,714	11,963


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

7.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	23,343	32,888
Bank borrowings and overdrafts	15,691	18,738
Amounts owed to related parties	39,479	28,220
Taxation and social security	10,694	1,074
Other creditors	11,775	3,330
Accrued liabilities and deferred income	898	823
Total	101,880	85,073


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Creditors after one year

	2023	2022
	£	£
Bank borrowings and overdrafts	25,981	34,948
Total	25,981	34,948