RUGGED ROADS LIMITED

Company Registration Number:
12105226 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

RUGGED ROADS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

RUGGED ROADS LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Jonathan Parke
Annette Parke
Registered office: Rugged Roads Ltd
Sway Garage
Durnstown
Sway
Hampshire
GBR
SO41 6AL
Company Registration Number: 12105226 (England and Wales)

RUGGED ROADS LIMITED

Directors' Report Period Ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal Activities

Retail sale of motorcycle clothing, parts and accessories

Directors

The directors shown below have held office during the whole of the period from 01 August 2022 to 31 July 2023
Jonathan Parke
Annette Parke

This report was approved by the board of directors on 23 April 2024
And Signed On Behalf Of The Board By:

Name: Annette Parke
Status: Director

RUGGED ROADS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 59,693 53,923
Total fixed assets: 59,693 53,923
Current assets
Stocks: 326,857 543,734
Debtors: 5 3,276
Cash at bank and in hand: 7,327
Total current assets: 337,460 543,734
Prepayments and accrued income: 2,158
Creditors: amounts falling due within one year: 6 ( 238,541 ) ( 415,209 )
Net current assets (liabilities): 101,077 128,525
Total assets less current liabilities: 160,770 182,448
Provision for liabilities: ( 5,000 )
Accruals and deferred income: ( 3,861 )
Total net assets (liabilities): 151,909 182,448

The notes form part of these financial statements

RUGGED ROADS LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 151,809 182,348
Shareholders funds: 151,909 182,448

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 April 2024
And Signed On Behalf Of The Board By:

Name: Annette Parke
Status: Director

The notes form part of these financial statements

RUGGED ROADS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RUGGED ROADS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 4 3

RUGGED ROADS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

RUGGED ROADS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible Assets

Total
Cost £
At 01 August 2022 59,914
Additions 18,261
Disposals (0)
Revaluations (6,500)
Transfers 0
At 31 July 2023 71,675
Depreciation
At 01 August 2022 5,991
Charge for year 5,991
On disposals (0)
Other adjustments 0
At 31 July 2023 11,982
Net book value
At 31 July 2023 59,693
At 31 July 2022 53,923

RUGGED ROADS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 5. Debtors

    Deposit taken for work not yet carried out

RUGGED ROADS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due within one year note

Extended credit terms as 12 month's stock is delivered in one month.