1 false false false false false false false false false true false false false false false false No description of principal activity 2022-08-01 Sage Accounts Production Advanced 2021 - FRS102_2021 7,139 5,941 1,198 7,139 1,198 xbrli:pure xbrli:shares iso4217:GBP 09701064 2022-08-01 2023-07-31 09701064 2023-07-31 09701064 2022-07-31 09701064 2021-08-01 2022-07-31 09701064 2022-07-31 09701064 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 09701064 bus:Director1 2022-08-01 2023-07-31 09701064 core:WithinOneYear 2023-07-31 09701064 core:WithinOneYear 2022-07-31 09701064 core:ShareCapital 2023-07-31 09701064 core:ShareCapital 2022-07-31 09701064 core:RetainedEarningsAccumulatedLosses 2023-07-31 09701064 core:RetainedEarningsAccumulatedLosses 2022-07-31 09701064 bus:SmallEntities 2022-08-01 2023-07-31 09701064 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 09701064 bus:FullAccounts 2022-08-01 2023-07-31 09701064 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 09701064 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 09701064 bus:OrdinaryShareClass1 2023-07-31 09701064 bus:OrdinaryShareClass1 2022-07-31 09701064 core:OfficeEquipment 2022-08-01 2023-07-31 09701064 core:OfficeEquipment 2023-07-31 09701064 core:OfficeEquipment 2022-07-31
COMPANY REGISTRATION NUMBER: 09701064
ROLAND PHILIPPS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 July 2023
ROLAND PHILIPPS LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 31 JULY 2023
Contents
Pages
Balance sheet 1
Notes to the financial statements 2 to 3
ROLAND PHILIPPS LIMITED
BALANCE SHEET
31 July 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
5
1,198
Current assets
Cash at bank and in hand
14,266
20,537
Creditors: amounts falling due within one year
6
( 2,569)
( 1,955)
------------
------------
Net current assets
11,697
18,582
------------
------------
Total assets less current liabilities
11,697
19,780
------------
------------
Net assets
11,697
19,780
------------
------------
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
11,597
19,680
------------
------------
Shareholders funds
11,697
19,780
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 12 April 2024 , and are signed on behalf of the board by:
R A Philipps
Director
Company registration number: 09701064
ROLAND PHILIPPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 JULY 2023
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 35 Westgate, Huddersfield, HD1 1PA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office equipment - 33% straight line
Financial instruments Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Office equipment
£
Cost
At 1 August 2022 and 31 July 2023
7,139
------------
Depreciation
At 1 August 2022
5,941
Charge for the year
1,198
------------
At 31 July 2023
7,139
------------
Carrying amount
At 31 July 2023
------------
At 31 July 2022
1,198
------------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Accruals and deferred income
1,250
1,250
Social security and other taxes
1,257
622
Director loan accounts
62
83
------------
------------
2,569
1,955
------------
------------
7. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
------------
------------
------------
------------
The issued share capital comprises of 70 ordinary shares of £1 each and 30 A ordinary shares of £1 each.
8. Related party transactions
The director's loan account of £62 (2022:£83) is unsecured, repayable on demand and currently interest free. Control of the company The company is controlled by R A Philipps .