Company Registration No. 08328950 (England and Wales)
Rotaheat Limited
Unaudited accounts
for the year ended 31 December 2023
Rotaheat Limited
Unaudited accounts
Contents
Rotaheat Limited
Company Information
for the year ended 31 December 2023
Directors
Andrew Tulloch
Robert Thompson
Company Number
08328950 (England and Wales)
Registered Office
Sandgate
Netton Street
Bishopstone
Salisbury
SP5 4DF
Rotaheat Limited
Statement of financial position
as at 31 December 2023
Intangible assets
23,949
24,868
Tangible assets
12,836
10,013
Cash at bank and in hand
10,580
17,978
Creditors: amounts falling due within one year
(36,427)
(72,095)
Net current assets
46,359
116,296
Total assets less current liabilities
83,144
151,177
Creditors: amounts falling due after more than one year
(43,000)
(43,000)
Called up share capital
3,441
3,425
Share premium
363,131
327,672
Profit and loss account
(326,428)
(222,920)
Shareholders' funds
40,144
108,177
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 22 August 2024 and were signed on its behalf by
Robert Thompson
Director
Company Registration No. 08328950
Rotaheat Limited
Notes to the Accounts
for the year ended 31 December 2023
Rotaheat Limited is a private company, limited by shares, registered in England and Wales, registration number 08328950. The registered office is Sandgate, Netton Street, Bishopstone, Salisbury, SP5 4DF.
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 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:
Computer equipment
3 years straight line
Other tangible fixed assets
2 years straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation, using the straight line method over 5 years. Intellectual Property costs are valued at cost and are amortised using the straight line over 10 years.
4
Intangible fixed assets
Other
At 31 December 2023
89,597
At 31 December 2023
65,648
At 31 December 2023
23,949
At 31 December 2022
24,868
Rotaheat Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Computer equipment
At 31 December 2023
97,744
At 31 December 2023
84,908
At 31 December 2023
12,836
At 31 December 2022
10,013
Amounts falling due within one year
Trade debtors
60,108
25,152
Accrued income and prepayments
7,135
127,797
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
15,604
59,074
Taxes and social security
2,473
2,671
Loans from directors
15,000
-
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
43,000
43,000
9
Average number of employees
During the year the average number of employees was 3 (2022: 4).