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REGISTERED NUMBER: 11075189 (England and Wales)















Financial Statements for the Year Ended 30 November 2023

for

Roar Developments Ltd

Roar Developments Ltd (Registered number: 11075189)

Contents of the Financial Statements
for the Year Ended 30 November 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Roar Developments Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mr M C Langsbury





REGISTERED OFFICE: Cutsdean Farm
Cutsdean
Cheltenham
Glos
GL54 5RX





REGISTERED NUMBER: 11075189 (England and Wales)





ACCOUNTANTS: Angela Paull and Co Ltd
1 Court Mews
London Road
Charlton Kings
Cheltenham
Glos
GL52 6HS

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Roar Developments Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Roar Developments Ltd for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Roar Developments Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Roar Developments Ltd and state those matters that we have agreed to state to the director of Roar Developments Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Roar Developments Ltd and its director for our work or for this report.

It is your duty to ensure that Roar Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Roar Developments Ltd. You consider that Roar Developments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Roar Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Angela Paull and Co Ltd
1 Court Mews
London Road
Charlton Kings
Cheltenham
Glos
GL52 6HS


30 August 2024

Roar Developments Ltd (Registered number: 11075189)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 240 300
Tangible assets 5 12,380 16,633
12,620 16,933

CURRENT ASSETS
Stocks 40,723 29,452
Debtors 6 80,133 70,079
Cash at bank 695 21,904
121,551 121,435
CREDITORS
Amounts falling due within one year 7 111,760 117,274
NET CURRENT ASSETS 9,791 4,161
TOTAL ASSETS LESS CURRENT LIABILITIES 22,411 21,094

CREDITORS
Amounts falling due after more than one
year

8

13,186

21,830
NET ASSETS/(LIABILITIES) 9,225 (736 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 9,224 (737 )
9,225 (736 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Roar Developments Ltd (Registered number: 11075189)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:





Mr M C Langsbury - Director


Roar Developments Ltd (Registered number: 11075189)

Notes to the Financial Statements
for the Year Ended 30 November 2023


1. STATUTORY INFORMATION

Roar Developments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance and 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Roar Developments Ltd (Registered number: 11075189)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 600
AMORTISATION
At 1 December 2022 300
Charge for year 60
At 30 November 2023 360
NET BOOK VALUE
At 30 November 2023 240
At 30 November 2022 300

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 34,329
DEPRECIATION
At 1 December 2022 17,696
Charge for year 4,253
At 30 November 2023 21,949
NET BOOK VALUE
At 30 November 2023 12,380
At 30 November 2022 16,633

Roar Developments Ltd (Registered number: 11075189)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 42,772 69,515
Other debtors 37,361 564
80,133 70,079

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 11,735 9,371
Trade creditors 29,021 12,346
Taxation and social security 69,063 90,812
Other creditors 1,941 4,745
111,760 117,274

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 13,186 21,830

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M C Langsbury.