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REGISTERED NUMBER: 05575107 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

ROB MCCULLOCH LIMITED

ROB MCCULLOCH LIMITED (REGISTERED NUMBER: 05575107)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROB MCCULLOCH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: R McCulloch





REGISTERED OFFICE: Pinecroft
Saxmundham Road
Aldeburgh
Suffolk
IP15 5PD





REGISTERED NUMBER: 05575107 (England and Wales)





ACCOUNTANTS: Rob McCulloch Ltd
Pinecroft
Saxmundham Road
Aldeburgh
Suffolk
IP15 5PD

ROB MCCULLOCH LIMITED (REGISTERED NUMBER: 05575107)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 1,099 1,225
Investments 6 311,158 320,073
312,258 321,299

CURRENT ASSETS
Debtors 7 82,432 257,971
Cash at bank 178,412 108,479
260,844 366,450
CREDITORS
Amounts falling due within one year 8 (6,336 ) (9,770 )
NET CURRENT ASSETS 254,508 356,680
TOTAL ASSETS LESS CURRENT
LIABILITIES

566,766

677,979

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 566,666 677,879
566,766 677,979

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

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

The director acknowledges his 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.

ROB MCCULLOCH LIMITED (REGISTERED NUMBER: 05575107)

BALANCE SHEET - continued
31 OCTOBER 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 April 2024 and were signed by:





R McCulloch - Director


ROB MCCULLOCH LIMITED (REGISTERED NUMBER: 05575107)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Rob Mcculloch Limited 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the value, net of value added tax, of services provided to customers.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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 year was 2 (2022 - 2 ) .

ROB MCCULLOCH LIMITED (REGISTERED NUMBER: 05575107)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 39,511
AMORTISATION
At 1 November 2022
and 31 October 2023 39,510
NET BOOK VALUE
At 31 October 2023 1
At 31 October 2022 1

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022 5,022 - 5,022
Additions - 1,452 1,452
At 31 October 2023 5,022 1,452 6,474
DEPRECIATION
At 1 November 2022 3,797 - 3,797
Charge for year 1,578 - 1,578
At 31 October 2023 5,375 - 5,375
NET BOOK VALUE
At 31 October 2023 (353 ) 1,452 1,099
At 31 October 2022 1,225 - 1,225

ROB MCCULLOCH LIMITED (REGISTERED NUMBER: 05575107)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 November 2022 320,073
Impairments (8,915 )
At 31 October 2023 311,158
NET BOOK VALUE
At 31 October 2023 311,158
At 31 October 2022 320,073

Cost or valuation at 31 October 2023 is represented by:

Other
investments
£   
Valuation in 2021 7,404
Valuation in 2022 (37,331 )
Valuation in 2023 (8,915 )
Cost 350,000
311,158

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 3,990 750
Other debtors 78,442 257,221
82,432 257,971

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Taxation and social security (111 ) 3,742
Other creditors 6,447 6,028
6,336 9,770

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the year end, the aggregated amount owed to the company by the director was £74,896
(2022- £70,900). The loan was interest bearing at 2.25% pa and was repaid after the year end.