Company Registration No. 11432844 (England and Wales)
Rooster House Interior Ltd
Unaudited accounts
for the year ended 30 June 2023
Rooster House Interior Ltd
Unaudited accounts
Contents
Rooster House Interior Ltd
Company Information
for the year ended 30 June 2023
Company Number
11432844 (England and Wales)
Registered Office
44 Olton Avenue
Nottingham
NG9 2SQ
Accountants
Dinson & Co
Castle Cavendish Enterprise Centre
63-67 St Peter's Street
Nottingham
NG7 3EN
Rooster House Interior Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
10,476
12,775
Cash at bank and in hand
1,584
-
Creditors: amounts falling due within one year
(12,443)
(15,139)
Net current assets
30,534
26,254
Total assets less current liabilities
41,010
39,029
Creditors: amounts falling due after more than one year
(30,478)
(35,000)
Called up share capital
100
100
Profit and loss account
10,432
3,929
Shareholders' funds
10,532
4,029
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 3 November 2023 and were signed on its behalf by
Borbert Ruszo
Director
Company Registration No. 11432844
Rooster House Interior Ltd
Notes to the Accounts
for the year ended 30 June 2023
Rooster House Interior Ltd is a private company, limited by shares, registered in England and Wales, registration number 11432844. The registered office is 44 Olton Avenue, Nottingham, NG9 2SQ.
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.
An amount of £35,000 was borrowed from Santander Bank under the Bounce Back Loan scheme announced by the UK government to help businesses affected by the Covid-19 Pandemic. This loan is un-secured and is repayable in six years. It carries interest @2.50% fixed. The interest for the first twelve months is covered by the Business Interruption scheme.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Rooster House Interior Ltd
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
10,000
8,000
1,000
19,000
At 30 June 2023
10,000
8,000
1,000
19,000
At 1 July 2022
3,276
2,621
328
6,225
Charge for the year
1,210
968
121
2,299
At 30 June 2023
4,486
3,589
449
8,524
At 30 June 2023
5,514
4,411
551
10,476
At 30 June 2022
6,724
5,379
672
12,775
Amounts falling due within one year
Other debtors
41,393
41,393
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,813
5,270
Taxes and social security
2,065
-
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
459
-
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).