Registered Number:02866332 |
For the year ended 31 December 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2022
Roverley Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Roverley Ltd
Statement of Financial Position
2021
2022
Property, plant and equipment |
424,878
426,345
2
424,878
426,345
Trade and other receivables |
22,906
42,638
3
50,958
Cash and cash equivalents |
31,913
74,551
73,864
Trade and other payables: amounts falling due within one |
year |
(481,248)
(424,275)
4
(407,384)
(349,724)
Net current liabilities
Total assets less current liabilities |
75,154
18,961
75,154
Net assets
18,961
100
100
75,054
18,861
75,154
18,961
Shareholders' funds
For the year ended 31 December 2022 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 of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 27 September 2023 and were signed by: |
The notes form part of these financial statements |
1 of 4
For the year ended 31 December 2022
Roverley Ltd
Notes to the Financial Statements
Statutory Information
Roverley Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
02866332. |
Unit 12
Hillside House, 1,The Drive
Radlett,
Herts
WD7 7FG
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
2. Property, plant and equipment |
507,328
90,764
416,564
416,564
90,764
507,328
Provision for depreciation and impairment |
80,983
80,983
-
Charge for year
1,467
1,467
-
82,450
82,450
-
416,564
8,314
424,878
416,564
9,781
426,345
2 of 4
For the year ended 31 December 2022
Roverley Ltd
Notes to the Financial Statements Continued
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act |
2006. The financial statements have been prepared under the historical costs convention as modified by the |
revaluation of certain assets. |
The ability of the company to continue to trade is dependent upon the continued support of the director and the |
Covid-pandemic situation is improving steadily and the director is confident the company will trade out of the situation. |
£48334 of the bank loan is guaranteed by the Government and the director has confirmed continued support of up to |
£35,000 for a period of 12 months from the date of these financial statements. This support will be reviewed at that |
time. |
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and |
trade discounts. |
Property, plant and equipment |
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any |
provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, |
less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment Fixtures and fittings |
3. Trade and other receivables |
2021
2022
42,638
18,412
-
4,494
22,906
42,638
4. Trade and other payables: amounts falling due within one year |
2021
2022
-
2,399
Taxation and social security |
13,525
11,185
410,750
467,664
424,275
481,248
3 of 4
For the year ended 31 December 2022
Roverley Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
Included in bank loans
6. Average number of persons employed |
During the year the average number of employees was 0
4 of 4