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REGISTERED NUMBER: 10645818 (England and Wales)















ROCKSHOP WHOLESALE LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023






ROCKSHOP WHOLESALE LIMITED (REGISTERED NUMBER: 10645818)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 8

ROCKSHOP WHOLESALE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Ms J E Burhouse
J F Burhouse





SECRETARY:





REGISTERED OFFICE: P Block Meltham Mills Industrial Estate
Meltham
Holmfirth
HD9 4DS





REGISTERED NUMBER: 10645818 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

ROCKSHOP WHOLESALE LIMITED (REGISTERED NUMBER: 10645818)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 120,376 120,596
Investments 5 1,500 950
121,876 121,546

CURRENT ASSETS
Inventories 975,110 1,193,689
Debtors 6 40,539 91,909
Cash at bank and in hand 141,505 203,085
1,157,154 1,488,683
CREDITORS
Amounts falling due within one year 7 102,715 156,630
NET CURRENT ASSETS 1,054,439 1,332,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,176,315

1,453,599

CREDITORS
Amounts falling due after more than one
year

8

(29,948

)

(36,797

)

PROVISIONS FOR LIABILITIES (14,197 ) (12,417 )
NET ASSETS 1,132,170 1,404,385

CAPITAL AND RESERVES
Called up share capital 9 700,000 700,000
Retained earnings 432,170 704,385
SHAREHOLDERS' FUNDS 1,132,170 1,404,385

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.

ROCKSHOP WHOLESALE LIMITED (REGISTERED NUMBER: 10645818)

STATEMENT OF FINANCIAL POSITION - 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 15 August 2024 and were signed on its behalf by:




Ms J E Burhouse - Director



J F Burhouse - Director


ROCKSHOP WHOLESALE LIMITED (REGISTERED NUMBER: 10645818)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Rockshop Wholesale 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 as modified by the revaluation of certain assets.

The financial statements have been prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Revenue 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.

Stocks
Inventories 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

ROCKSHOP WHOLESALE LIMITED (REGISTERED NUMBER: 10645818)

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 26 (2022 - 24 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to Plant and and
property Machinery Fittings
£    £    £   
COST
At 1 January 2023 148,585 20,138 2,820
Additions 42,608 438 6,135
At 31 December 2023 191,193 20,576 8,955
DEPRECIATION
At 1 January 2023 124,755 5,253 2,307
Charge for year 17,666 4,065 1,461
At 31 December 2023 142,421 9,318 3,768
NET BOOK VALUE
At 31 December 2023 48,772 11,258 5,187
At 31 December 2022 23,830 14,885 513

Motor Computer
Vehicles Equipment Totals
£    £    £   
COST
At 1 January 2023 90,445 58,336 320,324
Additions - 1,386 50,567
At 31 December 2023 90,445 59,722 370,891
DEPRECIATION
At 1 January 2023 20,564 46,849 199,728
Charge for year 20,363 7,232 50,787
At 31 December 2023 40,927 54,081 250,515
NET BOOK VALUE
At 31 December 2023 49,518 5,641 120,376
At 31 December 2022 69,881 11,487 120,596

ROCKSHOP WHOLESALE LIMITED (REGISTERED NUMBER: 10645818)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 950
Additions 6
Revaluations 544
At 31 December 2023 1,500
NET BOOK VALUE
At 31 December 2023 1,500
At 31 December 2022 950

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2022 (3,308 )
Valuation in 2023 544
Cost 4,264
1,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 12,166 34,136
Other debtors 28,373 57,773
40,539 91,909

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 6,850 4,266
Trade creditors 44,024 75,799
Taxation and social security 26,340 53,662
Other creditors 25,501 22,903
102,715 156,630

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 29,948 36,797

ROCKSHOP WHOLESALE LIMITED (REGISTERED NUMBER: 10645818)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
700,000 Ordinary £1 700,000 700,000

ROCKSHOP WHOLESALE LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
ROCKSHOP WHOLESALE LIMITED

The following reproduces the text of the report prepared for the directors 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


15 August 2024