Registered number
03688570
Rogers & Rogers Home Improvements Ltd
Filleted Accounts for the year ended
31 December 2023
Rogers & Rogers Home Improvements Ltd
Registered number: 03688570
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 25,968 34,623
Current assets
Stocks 2,300 18,207
Debtors 4 1,715 3,222
Cash at bank and in hand 7,774 9,235
11,789 30,664
Creditors: amounts falling due within one year 5 (19,326) (29,838)
Net current (liabilities)/assets (7,537) 826
Total assets less current liabilities 18,431 35,449
Creditors: amounts falling due after more than one year 6 (6,771) (11,622)
Provisions for liabilities (427) (427)
Net assets 11,233 23,400
Capital and reserves
Called up share capital 100 100
Profit and loss account 11,133 23,300
Shareholders' funds 11,233 23,400
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr P A Rogers
Director
Approved by the board on 28 August 2024
Rogers & Rogers Home Improvements Ltd
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 January 2023 33,771 61,203 94,974
At 31 December 2023 33,771 61,203 94,974
Depreciation
At 1 January 2023 31,933 28,418 60,351
Charge for the year 459 8,196 8,655
At 31 December 2023 32,392 36,614 69,006
Net book value
At 31 December 2023 1,379 24,589 25,968
At 31 December 2022 1,838 32,785 34,623
4 Debtors 2023 2022
£ £
Trade debtors 1,715 92
Other debtors - 3,130
1,715 3,222
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 5,312 5,461
Trade creditors 1,543 5,356
Taxation and social security costs 1,377 2,419
Director and shareholder loan 4,761 8,048
Net wages 3,396 3,380
Other creditors 2,937 5,174
19,326 29,838
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 6,771 11,622
7 Transactions with the director
As at 31 December 2023 the director, Mr P A Rogers together with his brother who is a 50% shareholder, had loaned the company £4,761 (2022 - £8,048) on an interest free basis with no set repayment date. This is included in creditors.

During the year, the director Mr P A Rogers who holds 50% of the issued share capital, received dividends totalling £2,000 (2022: £2,820).
8 Controlling party
There is no controlling party. The director Mr P A Rogers, holds 50% of the company's shares and his brother holds the remaining 50% of the shares.
9 Other information
Rogers & Rogers Home Improvements Ltd is a private company limited by shares and incorporated in England. Its registered office is:
25 Canterbury Street
Chippenham
Wiltshire
SN14 0EB
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