IRIS Accounts Production v24.1.0.578 03068556 director 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030685562023-06-30030685562024-06-30030685562023-07-012024-06-30030685562022-06-30030685562022-07-012023-06-30030685562023-06-3003068556ns15:EnglandWales2023-07-012024-06-3003068556ns14:PoundSterling2023-07-012024-06-3003068556ns10:Director12023-07-012024-06-3003068556ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3003068556ns10:SmallEntities2023-07-012024-06-3003068556ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3003068556ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3003068556ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3003068556ns10:FullAccounts2023-07-012024-06-3003068556ns10:Director22023-07-012024-06-3003068556ns10:RegisteredOffice2023-07-012024-06-3003068556ns5:CurrentFinancialInstruments2024-06-3003068556ns5:CurrentFinancialInstruments2023-06-3003068556ns5:Non-currentFinancialInstruments2024-06-3003068556ns5:Non-currentFinancialInstruments2023-06-3003068556ns5:ShareCapital2024-06-3003068556ns5:ShareCapital2023-06-3003068556ns5:RetainedEarningsAccumulatedLosses2024-06-3003068556ns5:RetainedEarningsAccumulatedLosses2023-06-3003068556ns5:FurnitureFittings2023-07-012024-06-3003068556ns5:MotorVehicles2023-07-012024-06-3003068556ns5:ComputerEquipment2023-07-012024-06-3003068556ns5:LongLeaseholdAssetsns5:LandBuildings2023-06-3003068556ns5:PlantMachinery2023-06-3003068556ns5:FurnitureFittings2023-06-3003068556ns5:LongLeaseholdAssetsns5:LandBuildings2023-07-012024-06-3003068556ns5:PlantMachinery2023-07-012024-06-3003068556ns5:LongLeaseholdAssetsns5:LandBuildings2024-06-3003068556ns5:PlantMachinery2024-06-3003068556ns5:FurnitureFittings2024-06-3003068556ns5:LongLeaseholdAssetsns5:LandBuildings2023-06-3003068556ns5:PlantMachinery2023-06-3003068556ns5:FurnitureFittings2023-06-3003068556ns5:MotorVehicles2023-06-3003068556ns5:ComputerEquipment2023-06-3003068556ns5:MotorVehicles2024-06-3003068556ns5:ComputerEquipment2024-06-3003068556ns5:MotorVehicles2023-06-3003068556ns5:ComputerEquipment2023-06-3003068556ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3003068556ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3003068556ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3003068556ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-30
REGISTERED NUMBER: 03068556 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Rollin Stock Hair & Beauty Supplies
Limited

Rollin Stock Hair & Beauty Supplies
Limited (Registered number: 03068556)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rollin Stock Hair & Beauty Supplies
Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr G Capper





REGISTERED OFFICE: Broom House
39/43 London Road
Hadleigh
Benfleet
Essex
SS7 2QL





REGISTERED NUMBER: 03068556 (England and Wales)





ACCOUNTANTS: BPSL
Brooms Professional Services Limited
Chartered Certified Accountants
Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL

Rollin Stock Hair & Beauty Supplies
Limited (Registered number: 03068556)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 122,346 127,936

CURRENT ASSETS
Stocks 5 695,000 685,000
Debtors 6 32,477 38,381
Cash at bank and in hand 12,849 35,350
740,326 758,731
CREDITORS
Amounts falling due within one year 7 188,315 256,626
NET CURRENT ASSETS 552,011 502,105
TOTAL ASSETS LESS CURRENT
LIABILITIES

674,357

630,041

CREDITORS
Amounts falling due after more than one
year

8

37,800

48,305
NET ASSETS 636,557 581,736

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 636,457 581,636
636,557 581,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Rollin Stock Hair & Beauty Supplies
Limited (Registered number: 03068556)

Balance Sheet - continued
30 June 2024


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 5 September 2024 and were signed by:





Mr G Capper - Director


Rollin Stock Hair & Beauty Supplies
Limited (Registered number: 03068556)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Rollin Stock Hair & Beauty Supplies Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 18 (2023 - 19 ) .

Rollin Stock Hair & Beauty Supplies
Limited (Registered number: 03068556)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
Improvments machinery fittings
£    £    £   
COST
At 1 July 2023 112,266 - 132,481
Disposals - - (11,790 )
At 30 June 2024 112,266 - 120,691
DEPRECIATION
At 1 July 2023 - - 122,553
Charge for year - - 2,326
Eliminated on disposal - (11,166 ) -
At 30 June 2024 - (11,166 ) 124,879
NET BOOK VALUE
At 30 June 2024 112,266 11,166 (4,188 )
At 30 June 2023 112,266 - 9,928

Motor
vehicles Equipment Totals
£    £    £   
COST
At 1 July 2023 12,350 23,700 280,797
Disposals - (5,161 ) (16,951 )
At 30 June 2024 12,350 18,539 263,846
DEPRECIATION
At 1 July 2023 7,975 22,333 152,861
Charge for year 2,188 306 4,820
Eliminated on disposal - (5,015 ) (16,181 )
At 30 June 2024 10,163 17,624 141,500
NET BOOK VALUE
At 30 June 2024 2,187 915 122,346
At 30 June 2023 4,375 1,367 127,936

5. STOCKS
30.6.24 30.6.23
£    £   
Stocks 695,000 685,000

Rollin Stock Hair & Beauty Supplies
Limited (Registered number: 03068556)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 14,296 23,579
Other debtors 2,582 1,859
VAT 6,597 4,123
Prepayments 9,002 8,820
32,477 38,381

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 4,900 10,000
Other loans - 1,540
Trade creditors 126,855 204,794
Tax 29,905 4,168
Social security and other taxes 446 649
Other creditors 370 409
Credit Cards 23,339 17,566
Accrued expenses 2,500 17,500
188,315 256,626

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans - 2-5 years - 5,276
Mortgage (75590182) 37,800 43,029
37,800 48,305

9. SECURED DEBTS

National Westminster Bank Plc has a legal charge over the assets of the company.