REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 March 2022 to 30 April 2023 |
for |
Rotahurst (Management Services) Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 March 2022 to 30 April 2023 |
for |
Rotahurst (Management Services) Ltd |
Rotahurst (Management Services) Ltd (Registered number: 03631930) |
Contents of the Financial Statements |
for the Period 1 March 2022 to 30 April 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Rotahurst (Management Services) Ltd |
Company Information |
for the Period 1 March 2022 to 30 April 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Office 1 |
21 Hatherton Street |
Walsall |
WS4 2LA |
Rotahurst (Management Services) Ltd (Registered number: 03631930) |
Balance Sheet |
30 April 2023 |
30.4.23 | 28.2.22 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
Investments | 6 |
CURRENT ASSETS |
Stocks |
Debtors | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 8 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings |
SHAREHOLDERS' FUNDS |
Rotahurst (Management Services) Ltd (Registered number: 03631930) |
Balance Sheet - continued |
30 April 2023 |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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 were approved by the Board of Directors and authorised for issue on |
Rotahurst (Management Services) Ltd (Registered number: 03631930) |
Notes to the Financial Statements |
for the Period 1 March 2022 to 30 April 2023 |
1. | STATUTORY INFORMATION |
Rotahurst (Management Services) Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Group accounts |
The financial statements contain information about Rotahurst (Management Services) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets and depreciation |
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: |
Leasehold | 15 % | reducing balance |
Plant & Machinery | 15 % | reducing balance |
Fixtures & Fittings | 15 % | reducing balance |
Stocks and work in progress |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Rotahurst (Management Services) Ltd (Registered number: 03631930) |
Notes to the Financial Statements - continued |
for the Period 1 March 2022 to 30 April 2023 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 March 2022 |
and 30 April 2023 |
AMORTISATION |
At 1 March 2022 |
and 30 April 2023 |
NET BOOK VALUE |
At 30 April 2023 |
At 28 February 2022 |
Rotahurst (Management Services) Ltd (Registered number: 03631930) |
Notes to the Financial Statements - continued |
for the Period 1 March 2022 to 30 April 2023 |
5. | TANGIBLE FIXED ASSETS |
Fixtures |
Short | Plant and | and | Motor |
leasehold | machinery | fittings | vehicles | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 March 2022 |
Additions |
At 30 April 2023 |
DEPRECIATION |
At 1 March 2022 |
Charge for period |
At 30 April 2023 |
NET BOOK VALUE |
At 30 April 2023 |
At 28 February 2022 |
6. | FIXED ASSET INVESTMENTS |
Other |
investment |
£ |
COST |
At 1 March 2022 |
and 30 April 2023 |
NET BOOK VALUE |
At 30 April 2023 |
At 28 February 2022 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.23 | 28.2.22 |
£ | £ |
Trade debtors |
Other debtors |
Rotahurst (Management Services) Ltd (Registered number: 03631930) |
Notes to the Financial Statements - continued |
for the Period 1 March 2022 to 30 April 2023 |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.23 | 28.2.22 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.23 | 28.2.22 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
10. | RELATED PARTY DISCLOSURES |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
11. | ULTIMATE CONTROLLING PARTY |
The company's ultimate controlling party are directors Mr KS Dhinsa and Mrs RK Dhinsa by virtue of their ownership of 100% of the issued share capital in the company. |