1 false false false false false false false false false false true false false false false false false No description of principal activity 2022-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 452,719 30,099 422,620 3,192 8,452 11,644 410,976 449,527 xbrli:pure xbrli:shares iso4217:GBP 13121167 2022-02-01 2023-01-31 13121167 2023-01-31 13121167 2022-01-31 13121167 2021-01-08 2022-01-31 13121167 2022-01-31 13121167 2021-01-07 13121167 core:LandBuildings core:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 13121167 bus:Director1 2022-02-01 2023-01-31 13121167 core:LandBuildings core:OwnedOrFreeholdAssets 2022-01-31 13121167 core:LandBuildings core:OwnedOrFreeholdAssets 2023-01-31 13121167 core:WithinOneYear 2023-01-31 13121167 core:WithinOneYear 2022-01-31 13121167 core:ShareCapital 2023-01-31 13121167 core:ShareCapital 2022-01-31 13121167 core:RetainedEarningsAccumulatedLosses 2023-01-31 13121167 core:RetainedEarningsAccumulatedLosses 2022-01-31 13121167 core:LandBuildings core:OwnedOrFreeholdAssets 2022-01-31 13121167 bus:SmallEntities 2022-02-01 2023-01-31 13121167 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 13121167 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 13121167 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 13121167 bus:FullAccounts 2022-02-01 2023-01-31 13121167 core:KeyManagementPersonnel 2022-02-01 2023-01-31
COMPANY REGISTRATION NUMBER: 13121167
Rockbourne Ltd
Filleted Unaudited Financial Statements
31 January 2023
Rockbourne Ltd
Financial Statements
Year ended 31 January 2023
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
Rockbourne Ltd
Statement of Financial Position
31 January 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
5
410,976
449,527
Current assets
Cash at bank and in hand
160,429
46,768
Creditors: amounts falling due within one year
6
559,537
497,619
---------
---------
Net current liabilities
399,108
450,851
---------
---------
Total assets less current liabilities
11,868
( 1,324)
--------
-------
Net assets/(liabilities)
11,868
( 1,324)
--------
-------
Capital and reserves
Called up share capital
1
1
Profit and loss account
11,867
( 1,325)
--------
-------
Shareholders funds/(deficit)
11,868
( 1,324)
--------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 26 October 2023 , and are signed on behalf of the board by:
J E P Eldridge
Director
Company registration number: 13121167
Rockbourne Ltd
Notes to the Financial Statements
Year ended 31 January 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Banking Hall High Street, Stalbridge, Sturminster Newton, DT10 2LH, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts have been prepared on a going concern basis which relies upon the continuing support of the directors.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property
-
2% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Freehold property
£
Cost
At 1 February 2022
452,719
Disposals
( 30,099)
---------
At 31 January 2023
422,620
---------
Depreciation
At 1 February 2022
3,192
Charge for the year
8,452
---------
At 31 January 2023
11,644
---------
Carrying amount
At 31 January 2023
410,976
---------
At 31 January 2022
449,527
---------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
736
830
Other creditors
558,801
496,789
---------
---------
559,537
497,619
---------
---------
Bank loans and overdrafts are secured by way of a fixed and floating charge over the property and undertakings of the company.
7. Related party transactions
At the year end the company owed the director £Nil (2022: £810).
8. Controlling party
The ultimate parent company is Highborne Limited , a company registered in England & Wales. The registered address of the ultimate controlling party is: Camburgh House, 27 New Dover Road, Canterbury, Kent, United Kingdom, CT1 3DN .