6 February 2022 false No description of principal activity Taxfiler 2023.10 SC722176business:PrivateLimitedCompanyLtd2022-02-062023-02-28 SC7221762022-02-05 SC7221762022-02-062023-02-28 SC722176business:AuditExemptWithAccountantsReport2022-02-062023-02-28 SC722176business:FilletedAccounts2022-02-062023-02-28 SC7221762023-02-28 SC722176business:Director12022-02-062023-02-28 SC722176business:Director22022-02-062023-02-28 SC722176business:RegisteredOffice2022-02-062023-02-28 SC722176core:WithinOneYear2023-02-28 SC722176core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC722176core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC722176core:PreviouslyStatedAmount2023-02-28 SC722176business:SmallEntities2022-02-062023-02-28 SC722176countries:Scotland2022-02-062023-02-28 SC722176core:PlantMachinery2022-02-062023-02-28 SC722176core:PlantMachinery2022-02-05 SC722176core:PlantMachinery2023-02-28 SC722176business:OrdinaryShareClass12022-02-062023-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC722176 (Scotland)
Rugged Watersports Ltd Unaudited accounts for the period from 6 February 2022 to 28 February 2023
Rugged Watersports Ltd Unaudited accounts Contents
Page
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Rugged Watersports Ltd Company Information for the period from 6 February 2022 to 28 February 2023
Directors
Robert Blair Kingsland Keren Louise Smail
Company Number
SC722176 (Scotland)
Registered Office
ETIVE COTTAGE GLENCOE BALLACHULISH PH49 4HS SCOTLAND
Accountants
Sarah Kennedy Nevis Accountancy Services Limited Office 6, An Drochaid, Claggan Road Claggan, Fort William Inverness-shire PH33 6PH
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Rugged Watersports Ltd Statement of financial position as at 28 February 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
6,167 
Current assets
Debtors
816 
Cash at bank and in hand
28,886 
29,702 
Creditors: amounts falling due within one year
(14,455)
Net current assets
15,247 
Net assets
21,414 
Capital and reserves
Called up share capital
2 
Profit and loss account
21,412 
Shareholders' funds
21,414 
For the period ending 28 February 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 directors acknowledge 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 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 of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by
Robert Blair Kingsland Director Company Registration No. SC722176
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Rugged Watersports Ltd Notes to the Accounts for the period from 6 February 2022 to 28 February 2023
1
Statutory information
Rugged Watersports Ltd is a private company, limited by shares, registered in Scotland, registration number SC722176. The registered office is ETIVE COTTAGE, GLENCOE, BALLACHULISH, PH49 4HS, SCOTLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 6 February 2022
- 
Additions
9,456 
Disposals
(1,748)
At 28 February 2023
7,708 
Depreciation
Charge for the period
1,891 
On disposals
(350)
At 28 February 2023
1,541 
Net book value
At 28 February 2023
6,167 
5
Debtors
2023 
£ 
Amounts falling due within one year
Accrued income and prepayments
816 
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Rugged Watersports Ltd Notes to the Accounts for the period from 6 February 2022 to 28 February 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
3,115 
Other creditors
10,464 
Loans from directors
209 
Accruals
507 
Deferred income
160 
14,455 
7
Share capital
2023 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
Shares issued during the period:
2 Ordinary shares of £1 each
2 
8
Transactions with related parties
The initial equipment of 12 paddleboards, various buoyancy aids and wetsuits that are used in the company was sold from the Directors other company (The Rugged Group Limited) on 03/03/22. This is showing as a creditor at the period end (£10,464).
9
Average number of employees
During the period the average number of employees was 0.
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