1 March 2022 false No description of principal activity Taxfiler 2023.10 SC587511business:PrivateLimitedCompanyLtd2022-03-012023-02-28 SC5875112022-02-28 SC5875112022-03-012023-02-28 SC587511business:AuditExemptWithAccountantsReport2022-03-012023-02-28 SC587511business:FilletedAccounts2022-03-012023-02-28 SC5875112023-02-28 SC587511business:Director12022-03-012023-02-28 SC587511business:Director22022-03-012023-02-28 SC587511business:RegisteredOffice2022-03-012023-02-28 SC5875112022-02-28 SC587511core:WithinOneYear2023-02-28 SC587511core:WithinOneYear2022-02-28 SC587511core:AfterOneYear2023-02-28 SC587511core:AfterOneYear2022-02-28 SC587511core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC587511core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 SC587511core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC587511core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 SC587511core:PreviouslyStatedAmount2023-02-28 SC587511core:PreviouslyStatedAmount2022-02-28 SC587511business:SmallEntities2022-03-012023-02-28 SC587511countries:Scotland2022-03-012023-02-28 SC587511core:ComputerEquipment2022-02-28 SC587511core:ComputerEquipment2023-02-28 SC587511core:ComputerEquipment2022-03-012023-02-28 SC5875112021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC587511 (Scotland)
RORA GROUP LIMITED Unaudited accounts for the year ended 28 February 2023
RORA GROUP LIMITED Unaudited accounts Contents
Page
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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
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RORA GROUP LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,771 
5,819 
Investments
25,000 
25,000 
29,771 
30,819 
Current assets
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)
Capital and reserves
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
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RORA GROUP LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
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.
3
Accounting policies
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.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
5,970 
At 28 February 2023
5,970 
Depreciation
At 1 March 2022
151 
Charge for the year
1,048 
At 28 February 2023
1,199 
Net book value
At 28 February 2023
4,771 
At 28 February 2022
5,819 
5
Investments
Other investments 
£ 
Valuation at 1 March 2022
25,000 
Valuation at 28 February 2023
25,000 
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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)
Accruals
480 
480 
5,368 
(9,134)
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
41,550 
48,000 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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