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REGISTERED NUMBER: 02464391 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Roshal Space Consultants Limited

Roshal Space Consultants Limited (Registered number: 02464391)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Roshal Space Consultants Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: R J Watson
C D Watson
C Parsons
F V Nash





REGISTERED OFFICE: Heritage House
Talbot Lane
Swannington
Leicestershire
LE67 8QT





REGISTERED NUMBER: 02464391 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Roshal Space Consultants Limited (Registered number: 02464391)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 70,620 101,153
Investments 5 77,803 72,975
148,423 174,128

CURRENT ASSETS
Stocks 31,659 58,285
Debtors 6 2,189,033 1,472,949
Cash at bank and in hand 1,254,225 1,091,541
3,474,917 2,622,775
CREDITORS
Amounts falling due within one year 7 (1,238,453 ) (656,613 )
NET CURRENT ASSETS 2,236,464 1,966,162
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,384,887

2,140,290

PROVISIONS FOR LIABILITIES (7,886 ) (13,244 )
NET ASSETS 2,377,001 2,127,046

CAPITAL AND RESERVES
Called up share capital 80 80
Capital redemption reserve 20 20
Fair value reserve 20,852 17,231
Retained earnings 2,356,049 2,109,715
2,377,001 2,127,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

Roshal Space Consultants Limited (Registered number: 02464391)

Balance Sheet - continued
29 February 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:





R J Watson - Director


Roshal Space Consultants Limited (Registered number: 02464391)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Roshal Space Consultants 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.

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, fittings and equipment - 33% on cost and 15% on reducing balance
Motor vehicles - 25% on cost

Stocks
Stocks and work in progress are measured at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Roshal Space Consultants Limited (Registered number: 02464391)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued

Fixed asset investments
Fixed asset investments are measured at market value, any aggregate surplus or deficit arising from changes in market value are included in the profit and loss account for the period.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2023 - 39 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and Motor
equipment vehicles Totals
£    £    £   
COST
At 1 March 2023 248,394 304,065 552,459
Additions 487 - 487
Disposals - (17,150 ) (17,150 )
At 29 February 2024 248,881 286,915 535,796
DEPRECIATION
At 1 March 2023 221,029 230,277 451,306
Charge for year 5,348 25,672 31,020
Eliminated on disposal - (17,150 ) (17,150 )
At 29 February 2024 226,377 238,799 465,176
NET BOOK VALUE
At 29 February 2024 22,504 48,116 70,620
At 28 February 2023 27,365 73,788 101,153

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 March 2023 72,975
Revaluations 4,828
At 29 February 2024 77,803
NET BOOK VALUE
At 29 February 2024 77,803
At 28 February 2023 72,975


Roshal Space Consultants Limited (Registered number: 02464391)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 1,127,913 688,870
Other debtors 1,061,120 784,079
2,189,033 1,472,949

Other debtors includes prepayments and accrued income of £10,711 (2023 - £6,899).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 754,865 376,467
Taxation and social security 334,871 122,148
Other creditors 148,717 157,998
1,238,453 656,613

Other creditors includes accruals and deferred income of £97,704 (2023 - £100,082).

8. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £549,973 (2023 - £625,137).

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
R J Watson
Balance outstanding at start of year 16,771 5,772
Amounts advanced 1,725 88,641
Amounts repaid (18,496 ) (77,642 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 16,771

The loans were interest free and repayable on demand.