Roberson Stonecarving Limited |
Registered Number:06233204 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2023
Roberson Stonecarving Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Roberson Stonecarving Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
891
1,292
2
891
1,292
1,826
-
3
Trade and other receivables |
7,859
20,252
4
628
Cash and cash equivalents |
385
20,637
10,313
Trade and other payables: amounts falling due within one year |
(11,385)
(19,047)
5
(1,072)
1,590
Net current assets
Total assets less current liabilities |
2,481
220
2,481
Net assets
220
1
1
2,480
219
2,481
220
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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. |
Mr Nick Roberson Director |
These financial statements were approved and authorised for issue by the Board on 20 February 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2023
Roberson Stonecarving Limited
Notes to the Financial Statements
Statutory Information
Roberson Stonecarving Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 06233204. |
35 Poplar Grove
Sale
Manchester
Gtr Manchester
M33 3AX
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
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: |
Plant and Machinery
Computer Equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Statement of Financial Position 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 the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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 not be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the revised 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 rates and laws that have been enacted or substantively enacted |
by the revised Statement of Financial Position date. |
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For the year ended 31 May 2023
Roberson Stonecarving Limited
Notes to the Financial Statements Continued
Impairment of Assets
At each reporting date assets are reviewed to determine whether there is any indication that those assets have suffered an |
impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and |
compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its |
recoverable amount and an impairment loss is recognised immediately in the profit or loss. |
If an impairment loss is subsequently reversed, the carrying amount of the asset is increased to the revised estimate of its |
recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised in |
prior periods. A reversal of an impairment loss is recognised immediately in the profit or loss. |
Financial Instruments
Basic financial instruments that are payable or receivable within one year, typically trade creditors and debtors, are measured |
initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid or received |
less impairment losses for bad and doubtful debts. |
2. Property, plant and equipment |
6,152
1,244
4,908
4,908
1,244
6,152
Provision for depreciation and impairment |
4,860
311
4,549
Charge for year
401
311
90
5,261
622
4,639
269
622
891
359
933
1,292
2022
2023
-
1,826
4. Trade and other receivables |
2022
2023
-
509
Taxation and social security |
1,710
-
18,542
7,350
7,859
20,252
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For the year ended 31 May 2023
Roberson Stonecarving Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2022
2023
-
4,174
Taxation and social security |
9,283
6,511
Accruals and deferred income |
755
700
9,009
-
19,047
11,385
6. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 1)
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