Roderick Anthony Limited 04642286 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is hairdressing. Digita Accounts Production Advanced 6.30.9574.0 true true 04642286 2023-04-01 2024-03-31 04642286 2024-03-31 04642286 core:CurrentFinancialInstruments 2024-03-31 04642286 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 04642286 core:FurnitureFittings 2024-03-31 04642286 core:LandBuildings core:LongLeaseholdAssets 2024-03-31 04642286 core:PlantMachinery 2024-03-31 04642286 bus:SmallEntities 2023-04-01 2024-03-31 04642286 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04642286 bus:FilletedAccounts 2023-04-01 2024-03-31 04642286 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04642286 bus:RegisteredOffice 2023-04-01 2024-03-31 04642286 bus:Director4 2023-04-01 2024-03-31 04642286 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04642286 core:FurnitureFittings 2023-04-01 2024-03-31 04642286 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 04642286 core:LandBuildings core:LongLeaseholdAssets 2023-04-01 2024-03-31 04642286 core:LeaseholdImprovements 2023-04-01 2024-03-31 04642286 core:PlantMachinery 2023-04-01 2024-03-31 04642286 core:ToolsEquipment 2023-04-01 2024-03-31 04642286 core:AllSubsidiaries 2023-04-01 2024-03-31 04642286 countries:EnglandWales 2023-04-01 2024-03-31 04642286 2023-03-31 04642286 core:FurnitureFittings 2023-03-31 04642286 core:LandBuildings core:LongLeaseholdAssets 2023-03-31 04642286 core:PlantMachinery 2023-03-31 04642286 2022-04-01 2023-03-31 04642286 2023-03-31 04642286 core:CurrentFinancialInstruments 2023-03-31 04642286 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04642286 core:FurnitureFittings 2023-03-31 04642286 core:LandBuildings core:LongLeaseholdAssets 2023-03-31 04642286 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 04642286

Roderick Anthony Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Roderick Anthony Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Roderick Anthony Limited

(Registration number: 04642286)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

156,322

182,361

Current assets

 

Stocks

5

21,300

20,000

Debtors

6

8,601

8,786

Cash at bank and in hand

 

161,910

128,127

 

191,811

156,913

Creditors: Amounts falling due within one year

7

(33,060)

(23,179)

Net current assets

 

158,751

133,734

Total assets less current liabilities

 

315,073

316,095

Provisions for liabilities

(2,605)

(3,034)

Net assets

 

312,468

313,061

Capital and reserves

 

Called up share capital

130

130

Retained earnings

312,338

312,931

Shareholders' funds

 

312,468

313,061

 

Roderick Anthony Limited

(Registration number: 04642286)
Balance Sheet as at 31 March 2024

For the financial year ending 31 March 2024 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 accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 July 2024
 

.........................................
Mr Roderick Anthony Griffin
Director

 

Roderick Anthony Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The director believes that the company has adequate resources to continue in operational existence such that he believes the continued use of the going concern basis to be appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable in respect of hairdressing. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Roderick Anthony Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% of net book value

Plant and equipment

25% of net book value

Land and buildings

10 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 14 (2023 - 13).

 

Roderick Anthony Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Long leasehold land and buildings
£

Fixtures and fittings
£

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2023

243,144

78,334

55,729

377,207

Additions

-

-

1,499

1,499

At 31 March 2024

243,144

78,334

57,228

378,706

Depreciation

At 1 April 2023

72,942

74,091

47,813

194,846

Charge for the year

24,314

1,090

2,134

27,538

At 31 March 2024

97,256

75,181

49,947

222,384

Carrying amount

At 31 March 2024

145,888

3,153

7,281

156,322

At 31 March 2023

170,202

4,243

7,916

182,361

Included within the net book value of land and buildings above is £145,888 (2023 - £170,202) in respect of long leasehold land and buildings.
 

5

Stocks

2024
£

2023
£

Other inventories

21,300

20,000

6

Debtors

Current

2024
£

2023
£

Prepayments

8,601

8,786

 

8,601

8,786

 

Roderick Anthony Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

82

949

Amounts owed to related parties

9

26

2,142

Taxation and social security

 

17,838

17,786

Other creditors

 

15,114

2,302

 

33,060

23,179

8

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £1,833 (2023 - £3,667).

9

Related party transactions

Summary of transactions with subsidiaries

The Cutting Bar Limited.
 During the period the company had an interest free loan with Cutting Bar Limited (a company under common control). At the balance sheet dated the amount due from Roderick Anthony Limited was £26 (2023 - £2,142).

 

Summary of transactions with other related parties

R A Griffin had a loan with the company. At the balance sheet date the amount due to R A Griffin was £1,186 (2023: £1,186).