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REGISTERED NUMBER: 03811704 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 DECEMBER 2023

FOR

ROUNDHOUSE ENGINEERING CO LTD

ROUNDHOUSE ENGINEERING CO LTD (REGISTERED NUMBER: 03811704)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ROUNDHOUSE ENGINEERING CO LTD

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 DECEMBER 2023







DIRECTORS: R Hill-Smith
A Monument





REGISTERED OFFICE: Units 6-9 Churchill Business Park
Churchill Road
Wheatley
DONCASTER
DN1 2TF





REGISTERED NUMBER: 03811704 (England and Wales)

ROUNDHOUSE ENGINEERING CO LTD (REGISTERED NUMBER: 03811704)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,106 33,327

CURRENT ASSETS
Stocks 5 215,948 265,600
Debtors 6 35,402 36,708
Cash at bank and in hand 184,636 383,581
435,986 685,889
CREDITORS
Amounts falling due within one year 7 191,823 130,915
NET CURRENT ASSETS 244,163 554,974
TOTAL ASSETS LESS CURRENT
LIABILITIES

268,269

588,301

PROVISIONS FOR LIABILITIES 6,027 6,332
NET ASSETS 262,242 581,969

CAPITAL AND RESERVES
Called up share capital 100 101
Retained earnings 262,142 581,868
SHAREHOLDERS' FUNDS 262,242 581,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 27 February 2024 and were signed on its behalf by:




A Monument - Director


ROUNDHOUSE ENGINEERING CO LTD (REGISTERED NUMBER: 03811704)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 DECEMBER 2023

1. STATUTORY INFORMATION

Roundhouse Engineering Co Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Office equipment - 20% on cost

Stocks
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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 18 (2022 - 22 ) .

ROUNDHOUSE ENGINEERING CO LTD (REGISTERED NUMBER: 03811704)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Office
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2022
and 31 December 2023 203,162 8,193 19,354 230,709
DEPRECIATION
At 1 September 2022 174,455 4,486 18,441 197,382
Charge for period 7,857 736 628 9,221
At 31 December 2023 182,312 5,222 19,069 206,603
NET BOOK VALUE
At 31 December 2023 20,850 2,971 285 24,106
At 31 August 2022 28,707 3,707 913 33,327

5. STOCKS
2023 2022
£    £   
Raw materials 215,948 265,600

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 27,427 31,392
Called up share capital not paid - 1
Prepayments 7,975 5,315
35,402 36,708

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 27,379 29,869
Tax 47,821 53,829
Social security and other taxes 12,044 9,964
VAT 37,734 31,442
Credit card 103 645
Pensions 2,050 2,156
Other creditors 30,000 -
Accrued expenses 34,692 3,010
191,823 130,915