1 April 2022 v2024.12.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwaretruetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBPSC5920692022-04-012023-03-31SC5920692023-03-31SC5920692022-03-31SC592069core:WithinOneYear2023-03-31SC592069core:WithinOneYear2022-03-31SC592069core:ShareCapital2023-03-31SC592069core:ShareCapital2022-03-31SC592069core:RetainedEarningsAccumulatedLosses2023-03-31SC592069core:RetainedEarningsAccumulatedLosses2022-03-31SC592069bus:Director12022-04-012023-03-31SC592069bus:RegisteredOffice2022-04-012023-03-31SC592069core:MotorVehicles2022-04-012023-03-31SC5920692021-04-012022-03-31SC592069core:PlantMachinery2023-03-31SC592069core:PlantMachinery2022-03-31SC59206912022-04-012023-03-31SC592069countries:Scotland2022-04-012023-03-31SC592069bus:AuditExemptWithAccountantsReport2022-04-012023-03-31SC592069bus:PrivateLimitedCompanyLtd2022-04-012023-03-31SC592069bus:SmallEntities2022-04-012023-03-31SC592069bus:FullAccounts2022-04-012023-03-31
Company registration number:
SC592069
Roadbnb Ltd
Unaudited Filleted Financial Statements for the year ended
31 March 2023
Roadbnb Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Roadbnb Ltd
Year ended
31 March 2023
As described on the statement of financial position, the Board of Directors of
Roadbnb Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 March 2023
, which comprise the statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Horizon Chartered Accountants
12 Somerset Place
Glasgow
G3 7JT
United Kingdom
Date:
15 April 2024
Roadbnb Ltd
Statement of Financial Position
31 March 2023
20232022
Note££
Fixed assets    
Tangible assets 5
9,358
 
9,358
 
Current assets    
Cash at bank and in hand
4,882
 
4,882
 
Creditors: amounts falling due within one year 6
(21,143
)
(21,143
)
Net current liabilities
(16,261
)
(16,261
)
Total assets less current liabilities (6,903 ) (6,903 )
Capital and reserves    
Called up share capital
1,000
 
1,000
 
Profit and loss account
(7,903
)
(7,903
)
Shareholders deficit
(6,903
)
(6,903
)
The company did not trade during the current year or comparative year and has not made either a profit or a loss.
For the year ending
31 March 2023
, the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
These
financial statements
were approved by the board of directors and authorised for issue on
15 April 2024
, and are signed on behalf of the board by:
P Doherty
Director
Company registration number:
SC592069
Roadbnb Ltd
Notes to the Financial Statements
Year ended
31 March 2023

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
C/O Horizon CA
,
12 Somerset Place
,
Glasgow
,
G3 7JT
, Scotland.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Income Statement

The company is dormant as defined in section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or comparative year and therefore no income statement is presented within these financial statements.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Motor vehicles
15% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2022:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2022
and
31 March 2023
13,368
 
Depreciation  
At
1 April 2022
and
31 March 2023
4,010
 
Carrying amount  
At
31 March 2023
9,358
 
At 31 March 2022
9,358
 

6 Creditors: amounts falling due within one year

20232022
££
Amounts owed to group undertakings and undertakings in which the company has a participating interest
20,500
 
20,500
 
Other creditors
643
 
643
 
21,143
 
21,143