Company Registration No. 14106230 (England and Wales)
Roots & Branches Ltd
Unaudited accounts
for the period from 13 May 2022 to 31 May 2023
Roots & Branches Ltd
Unaudited accounts
Contents
Roots & Branches Ltd
Company Information
for the period from 13 May 2022 to 31 May 2023
Directors
Elizabeth Douglas
Kath Wynne-Jones
Company Number
14106230 (England and Wales)
Registered Office
52 George Street
Horwich
Bolton
BL6 6BH
England
Roots & Branches Ltd
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
3,815
Creditors: amounts falling due within one year
(8,450)
Net current liabilities
(4,635)
Profit and loss account
(2,500)
Shareholders' funds
(2,500)
For the period ending 31 May 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 12 February 2024 and were signed on its behalf by
Elizabeth Douglas
Director
Company Registration No. 14106230
Roots & Branches Ltd
Notes to the Accounts
for the period from 13 May 2022 to 31 May 2023
Roots & Branches Ltd is a private company, limited by shares, registered in England and Wales, registration number 14106230. The registered office is 52 George Street, Horwich, Bolton, BL6 6BH, England.
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 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:
Fixtures & fittings
25% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
1,068
2,000
3,068
At 31 May 2023
1,068
2,000
3,068
Charge for the period
267
666
933
At 31 May 2023
267
666
933
At 31 May 2023
801
1,334
2,135
5
Creditors: amounts falling due within one year
2023
Loans from directors
7,800
Roots & Branches Ltd
Notes to the Accounts
for the period from 13 May 2022 to 31 May 2023
6
Transactions with related parties
The company owes a balance of £7,800 to the director, Ms E Douglas
7
Average number of employees
During the period the average number of employees was 2.