Registered number
07303491
Warston Management Services Limited
Filleted Accounts
31 December 2023
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
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