Company Registration No. 11087025 (England and Wales)
The Rotary Tattoo Company Ltd
Unaudited accounts
for the year ended 30 November 2023
The Rotary Tattoo Company Ltd
Unaudited accounts
Contents
The Rotary Tattoo Company Ltd
Company Information
for the year ended 30 November 2023
Company Number
11087025 (England and Wales)
Registered Office
54 BOND STREET
HULL
EAST YORKSHIRE
HU1 3EN
ENGLAND
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
The Rotary Tattoo Company Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
25,085
18,817
Cash at bank and in hand
6,192
6,663
Creditors: amounts falling due within one year
(11,669)
(8,125)
Net current liabilities
(4,177)
(162)
Total assets less current liabilities
20,908
18,655
Creditors: amounts falling due after more than one year
(6,000)
(6,000)
Called up share capital
1
1
Profit and loss account
14,907
12,654
Shareholders' funds
14,908
12,655
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 August 2024 and were signed on its behalf by
Mr M Webb
Director
Company Registration No. 11087025
The Rotary Tattoo Company Ltd
Notes to the Accounts
for the year ended 30 November 2023
The Rotary Tattoo Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 11087025. The registered office is 54 BOND STREET, HULL, EAST YORKSHIRE, HU1 3EN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The Rotary Tattoo Company Ltd
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
7,658
-
19,242
840
27,740
Additions
6,000
1,125
4,000
460
11,585
Disposals
-
-
-
(350)
(350)
At 30 November 2023
13,658
1,125
23,242
950
38,975
At 1 December 2022
564
-
8,225
134
8,923
Charge for the year
2,732
23
1,920
410
5,085
On disposals
-
-
-
(118)
(118)
At 30 November 2023
3,296
23
10,145
426
13,890
At 30 November 2023
10,362
1,102
13,097
524
25,085
At 30 November 2022
7,094
-
11,017
706
18,817
Amounts falling due within one year
Accrued income and prepayments
1,300
1,300
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
3,154
Loans from directors
7,029
1,481
Deferred income
4,100
2,950
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).