Company Registration No. SC587511 (Scotland)
RORA GROUP LIMITED
Unaudited accounts
for the year ended 28 February 2023
RORA GROUP LIMITED
Unaudited accounts
Contents
RORA GROUP LIMITED
Company Information
for the year ended 28 February 2023
Directors
Chukwudi SAMUEL
Smart MASONI
Company Number
SC587511 (Scotland)
Registered Office
2 ARDGILL WAY
FOVERAN, ELLON
ABERDEENSHIRE
AB41 6DB
SCOTLAND
RORA GROUP LIMITED
Statement of financial position
as at 28 February 2023
Tangible assets
4,771
5,819
Cash at bank and in hand
101
87
Creditors: amounts falling due within one year
(5,368)
9,134
Net current (liabilities)/assets
(5,267)
9,221
Total assets less current liabilities
24,504
40,040
Creditors: amounts falling due after more than one year
(41,550)
(48,000)
Net liabilities
(17,046)
(7,960)
Called up share capital
2
2
Profit and loss account
(17,048)
(7,962)
Shareholders' funds
(17,046)
(7,960)
For the year 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 17 November 2023 and were signed on its behalf by
Chukwudi SAMUEL
Director
Company Registration No. SC587511
RORA GROUP LIMITED
Notes to the Accounts
for the year ended 28 February 2023
RORA GROUP LIMITED is a private company, limited by shares, registered in Scotland, registration number SC587511. The registered office is 2 ARDGILL WAY, FOVERAN, ELLON, ABERDEENSHIRE, AB41 6DB, 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.
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.
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:
4
Tangible fixed assets
Computer equipment
5
Investments
Other investments
Valuation at 1 March 2022
25,000
Valuation at 28 February 2023
25,000
RORA GROUP LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
4,888
(9,614)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).