0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10160337 2022-06-01 2023-10-31 10160337 2023-10-31 10160337 2022-05-31 10160337 2021-06-01 2022-05-31 10160337 2022-05-31 10160337 2021-05-31 10160337 bus:Director1 2022-06-01 2023-10-31 10160337 core:WithinOneYear 2023-10-31 10160337 core:WithinOneYear 2022-05-31 10160337 core:AfterOneYear 2023-10-31 10160337 core:AfterOneYear 2022-05-31 10160337 core:ShareCapital 2023-10-31 10160337 core:ShareCapital 2022-05-31 10160337 core:RetainedEarningsAccumulatedLosses 2023-10-31 10160337 core:RetainedEarningsAccumulatedLosses 2022-05-31 10160337 bus:Director1 2022-05-31 10160337 bus:Director1 2023-10-31 10160337 bus:Director1 2021-05-31 10160337 bus:Director1 2022-05-31 10160337 bus:Director1 2021-06-01 2022-05-31 10160337 bus:SmallEntities 2022-06-01 2023-10-31 10160337 bus:AuditExempt-NoAccountantsReport 2022-06-01 2023-10-31 10160337 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-10-31 10160337 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-10-31 10160337 bus:FullAccounts 2022-06-01 2023-10-31
COMPANY REGISTRATION NUMBER: 10160337
Cheltenham Rocks Limited
Filleted Unaudited Financial Statements
31 October 2023
Cheltenham Rocks Limited
Financial Statements
Period from 1 June 2022 to 31 October 2023
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
Cheltenham Rocks Limited
Statement of Financial Position
31 October 2023
31 Oct 23
31 May 22
Note
£
£
Current assets
Debtors
5
14,815
8,634
Cash at bank and in hand
4,454
1,162
--------
-------
19,269
9,796
Creditors: amounts falling due within one year
6
17,570
7,159
--------
-------
Net current assets
1,699
2,637
-------
-------
Total assets less current liabilities
1,699
2,637
Creditors: amounts falling due after more than one year
7
1,290
2,242
-------
-------
Net assets
409
395
-------
-------
Capital and reserves
Called up share capital
100
100
Profit and loss account
309
295
----
----
Shareholders funds
409
395
----
----
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 statement of income and retained earnings has not been delivered.
For the period ending 31 October 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 period in question in accordance with section 476 ;
- The director acknowledges her 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 31 July 2024 , and are signed on behalf of the board by:
Ms L S Smith
Director
Company registration number: 10160337
Cheltenham Rocks Limited
Notes to the Financial Statements
Period from 1 June 2022 to 31 October 2023
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Roselands Flat 3, 28 Eldorado Road, Cheltenham, Gloucestershire, GL50 2PT, UK.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
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 for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Employee numbers
The average number of persons employed by the company during the period amounted to Nil (2022: 1 ).
5. Debtors
31 Oct 23
31 May 22
£
£
Trade debtors
2,585
Other debtors
14,815
6,049
--------
-------
14,815
8,634
--------
-------
6. Creditors: amounts falling due within one year
31 Oct 23
31 May 22
£
£
Bank loans and overdrafts
637
660
Corporation tax
8,844
1,944
Intercompany account - Cotswold Online Ltd
( 95)
Intercompany account - My Town Rocks Ltd
501
4,000
Other creditors
7,588
650
--------
-------
17,570
7,159
--------
-------
7. Creditors: amounts falling due after more than one year
31 Oct 23
31 May 22
£
£
Bank loans and overdrafts
1,290
2,242
-------
-------
8. Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
31 Oct 23
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Ms L S Smith
6,049
56,778
( 48,012)
14,815
-------
--------
--------
--------
31 May 22
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Ms L S Smith
1,553
14,401
( 9,905)
6,049
-------
--------
-------
-------