1 July 2023 v2024.38.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP113940072023-07-012024-06-30113940072024-06-30113940072023-06-3011394007core:WithinOneYear2024-06-3011394007core:WithinOneYear2023-06-3011394007core:AfterOneYear2023-06-3011394007core:ShareCapital2024-06-3011394007core:ShareCapital2023-06-3011394007core:RetainedEarningsAccumulatedLosses2024-06-3011394007core:RetainedEarningsAccumulatedLosses2023-06-3011394007bus:Director12023-07-012024-06-3011394007bus:RegisteredOffice2023-07-012024-06-3011394007core:PlantMachinery2023-07-012024-06-3011394007core:OfficeEquipment2023-07-012024-06-3011394007core:FurnitureFittings2023-07-012024-06-30113940072022-07-012023-06-3011394007core:IntangibleAssetsOtherThanGoodwill2024-06-3011394007core:IntangibleAssetsOtherThanGoodwill2023-06-3011394007core:PlantMachinery2024-06-3011394007core:PlantMachinery2023-07-0111394007core:PlantMachinery2023-06-301139400712023-07-012024-06-3011394007countries:EnglandWales2023-07-012024-06-3011394007bus:AuditExemptWithAccountantsReport2023-07-012024-06-3011394007bus:PrivateLimitedCompanyLtd2023-07-012024-06-3011394007bus:SmallEntities2023-07-012024-06-3011394007bus:FullAccounts2023-07-012024-06-30
Company registration number:
11394007
Ross Keeble Outdoors Limited
Unaudited Filleted Financial Statements for the year ended
30 June 2024
Ross Keeble Outdoors Limited
Report of the Accountant to the director of Ross Keeble Outdoors Limited
Year ended
30 June 2024
These financial statements have been prepared in accordance with my terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended
30 June 2024
.
I have prepared these financial statements based on the accounting records, information and explanations provided by you. I do not express any opinion on the financial statements.
On the statement of financial position you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a "true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
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3 Pool View, Puseydale Farm Estate
Main Road
Shavington, Crewe
CHESHIRE
CW2 5DY
United Kingdom
Date:
16 August 2024
Ross Keeble Outdoors Limited
Statement of Financial Position
30 June 2024
20242023
Note££
Fixed assets    
Intangible assets 5
1,765
 
1,765
 
Tangible assets 6
3,270
 
3,836
 
5,035
 
5,601
 
Current assets    
Debtors 7
601
 
547
 
Cash at bank and in hand
50
 
59
 
651
 
606
 
Creditors: amounts falling due within one year 8
(105,112
)
(100,129
)
Net current liabilities
(104,461
)
(99,523
)
Total assets less current liabilities (99,426 ) (93,922 )
Creditors: amounts falling due after more than one year 9 -  
(4,414
)
Net liabilities
(99,426
)
(98,336
)
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
(99,526
)
(98,436
)
Shareholders deficit
(99,426
)
(98,336
)
For the year ending
30 June 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 financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
16 August 2024
, and are signed on behalf of the board by:
Mr R Keeble
Director
Company registration number:
11394007
Ross Keeble Outdoors Limited
Notes to the Financial Statements
Year ended
30 June 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
14 The Fairways
,
Dukinfield
,
SK16 5GH
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
33% straight line
Office equipment
33% straight line
Fixtures and fittings
10% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Research and development

Research expenditure is written off in the period in which it is incurred.
Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met:
It is technically feasible to complete the intangible asset so that it will be available for use or sale;
There is the intention to complete the intangible asset and use or sell it;
There is the ability to use or sell the intangible asset;
The use or sale of the intangible asset will generate probable future economic benefits;
There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and
The expenditure attributable to the intangible asset during its development can be measured reliably.
Expenditure that does not meet the above criteria is expensed as incurred.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2023:
1
).

5 Intangible assets

Other intangible assets
£
Cost  
At
1 July 2023
and
30 June 2024
1,765
 
Amortisation  
At
1 July 2023
and
30 June 2024
-  
Carrying amount  
At
30 June 2024
1,765
 
At 30 June 2023
1,765
 

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 July 2023
and
30 June 2024
44,236
 
Depreciation  
At
1 July 2023
40,400
 
Charge
566
 
At
30 June 2024
40,966
 
Carrying amount  
At
30 June 2024
3,270
 
At 30 June 2023
3,836
 

7 Debtors

20242023
££
Other debtors
601
 
547
 

8 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts -  
1,667
 
Trade creditors
1,524
 
948
 
Other creditors
103,588
 
97,514
 
105,112
 
100,129
 

9 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts -  
4,414
 

10 Director's advances, credit and guarantees

Included within other creditors is a loan from the director totalling £102,928 (2023: £97,106) on which no interest is charged.
The loan is repayable in full or in part on demand.