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REGISTERED NUMBER: 01600480 (England and Wales)








Unaudited Financial Statements

for the Year Ended

31 December 2023

for

Rochford Engineering
Company Limited

Rochford Engineering
Company Limited (Registered number: 01600480)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rochford Engineering
Company Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M A Butler
Mrs T S Rushton





REGISTERED OFFICE: Unit 22
Stirchley Trading Estate
Hazelwell Road
Stirchley
Birmingham
B30 2PF





REGISTERED NUMBER: 01600480 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Chartered Accountants
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Rochford Engineering
Company Limited (Registered number: 01600480)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,537 41,602

CURRENT ASSETS
Stocks 24,000 24,000
Debtors 5 118,087 100,985
Cash at bank and in hand 54,889 42,454
196,976 167,439
CREDITORS
Amounts falling due within one year 6 135,325 105,570
NET CURRENT ASSETS 61,651 61,869
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,188

103,471

CREDITORS
Amounts falling due after more than one
year

7

(37,374

)

(34,544

)

PROVISIONS FOR LIABILITIES (7,855 ) (6,300 )
NET ASSETS 64,959 62,627

CAPITAL AND RESERVES
Called up share capital 8,040 8,040
Retained earnings 56,919 54,587
SHAREHOLDERS' FUNDS 64,959 62,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Rochford Engineering
Company Limited (Registered number: 01600480)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





Mrs T S Rushton - Director


Rochford Engineering
Company Limited (Registered number: 01600480)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Rochford Engineering Company 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.
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost

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

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.

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.

Government grants
Revenue grants are credited to the profit and loss account so as to match them with the expenditure to which they relate.

Rochford Engineering
Company Limited (Registered number: 01600480)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2023 25,762 182,062 2,811 8,995 219,630
Additions - 19,372 - - 19,372
At 31 December 2023 25,762 201,434 2,811 8,995 239,002
DEPRECIATION
At 1 January 2023 17,133 149,090 2,810 8,995 178,028
Charge for year 1,437 11,000 - - 12,437
At 31 December 2023 18,570 160,090 2,810 8,995 190,465
NET BOOK VALUE
At 31 December 2023 7,192 41,344 1 - 48,537
At 31 December 2022 8,629 32,972 1 - 41,602

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 105,455 72,759
Other debtors 12,632 28,226
118,087 100,985

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,660 6,660
Hire purchase contracts (see note 8) 6,000 6,851
Trade creditors 65,392 49,559
Taxation and social security 25,884 23,203
Other creditors 31,389 19,297
135,325 105,570

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 29,374 34,544
Hire purchase contracts (see note 8) 8,000 -
37,374 34,544

Rochford Engineering
Company Limited (Registered number: 01600480)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 6,000 6,851
Between one and five years 8,000 -
14,000 6,851

Non-cancellable operating leases
2023 2022
£    £   
Within one year 28,800 28,800
Between one and five years 43,200 72,000
72,000 100,800

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Other loans - 1,326
Hire purchase contracts 14,000 6,851
14,000 8,177

10. RELATED PARTY DISCLOSURES

At 31 December 2023 the Company owed £10,825 (2022: £8,757) to the directors.