Warston Management Services Limited |
Registered number: |
07303491 |
Balance Sheet |
as at 31 December 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Current assets |
Debtors |
3 |
|
582,867 |
|
|
442,809 |
Cash at bank and in hand |
|
|
- |
|
|
1,727 |
|
|
|
582,867 |
|
|
444,536 |
|
Creditors: amounts falling due within one year |
4 |
|
(579,967) |
|
|
(442,323) |
|
Net current assets |
|
|
|
2,900 |
|
|
2,213 |
|
Net assets |
|
|
|
2,900 |
|
|
2,213 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
2,899 |
|
|
2,212 |
|
Shareholder's funds |
|
|
|
2,900 |
|
|
2,213 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Mr J M Kendrick |
Director |
Approved on 19 September 2024 |
|
Warston Management Services Limited |
Notes to the Accounts |
for the year ended 31 December 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
7 |
|
10 |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
582,867 |
|
442,809 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Taxation and social security costs |
561,016 |
|
439,810 |
|
Other creditors |
18,951 |
|
2,513 |
|
|
|
|
|
|
579,967 |
|
442,323 |
|
|
|
|
|
|
|
|
|
|
5 |
Related party transactions |
|
|
Included in Debtors, Amounts owed by group undertakings and undertakings in which the company has a participating interest, is an amount of £582,867 (2022 £442,809) due to the company from ROKiT Holdings Inc., a company registered in the United States of America. |
|
|
6 |
Controlling party |
|
|
The company's ultimate parent company is ROKiT Launch Limited, a company registered in Ireland, whose registered address is 6 Heytesbury Court, Pembroke Lane, Dublin, Ireland. |
|
|
7 |
Other information |
|
|
Warston Management Services Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
ROKiT House |
|
Kingswood Business Park |
|
Holyhead Road |
|
Albrighton |
|
Staffordshire |
|
WV7 3AU |