Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3122023-04-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08708881 2023-04-01 2024-03-31 08708881 2022-04-01 2023-03-31 08708881 2024-03-31 08708881 2023-03-31 08708881 c:Director1 2023-04-01 2024-03-31 08708881 d:PlantMachinery 2023-04-01 2024-03-31 08708881 d:PlantMachinery 2024-03-31 08708881 d:PlantMachinery 2023-03-31 08708881 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 08708881 d:FurnitureFittings 2023-04-01 2024-03-31 08708881 d:FurnitureFittings 2024-03-31 08708881 d:FurnitureFittings 2023-03-31 08708881 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 08708881 d:OfficeEquipment 2023-04-01 2024-03-31 08708881 d:OfficeEquipment 2024-03-31 08708881 d:OfficeEquipment 2023-03-31 08708881 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 08708881 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 08708881 d:CurrentFinancialInstruments 2024-03-31 08708881 d:CurrentFinancialInstruments 2023-03-31 08708881 d:Non-currentFinancialInstruments 2024-03-31 08708881 d:Non-currentFinancialInstruments 2023-03-31 08708881 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08708881 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08708881 d:ShareCapital 2024-03-31 08708881 d:ShareCapital 2023-03-31 08708881 d:RetainedEarningsAccumulatedLosses 2024-03-31 08708881 d:RetainedEarningsAccumulatedLosses 2023-03-31 08708881 c:FRS102 2023-04-01 2024-03-31 08708881 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08708881 c:FullAccounts 2023-04-01 2024-03-31 08708881 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08708881 d:WithinOneYear 2024-03-31 08708881 d:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 08708881









ROGUE PROJECTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ROGUE PROJECTS LIMITED
REGISTERED NUMBER: 08708881

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
14,389
2,533

  
14,389
2,533

Current assets
  

Stocks
 5 
16,226
23,485

Debtors: amounts falling due after more than one year
 6 
7,987
7,987

Debtors: amounts falling due within one year
 6 
731
-

Cash at bank and in hand
  
7,325
186,414

  
32,269
217,886

Creditors: amounts falling due within one year
 7 
(755,949)
(824,370)

Net current liabilities
  
 
 
(723,680)
 
 
(606,484)

Total assets less current liabilities
  
(709,291)
(603,951)

  

Net liabilities
  
(709,291)
(603,951)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(709,292)
(603,952)

  
(709,291)
(603,951)


Page 1

 
ROGUE PROJECTS LIMITED
REGISTERED NUMBER: 08708881
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 October 2024.

R Moss
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ROGUE PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Rogue Projects Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is Apartment 22, 3 Blackthorn Avenue, London N7 8AW. The address of its principal place of business is Canonbury Yard, New North Road, London N1 7BJ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the financial year end date the company's liabilities exceeded its assets. However, it is the intention of the director to continue to provide financial support to the company for the foreseeable future and to settle its debts as they fall due. Accordingly, these financial statements are prepared on the basis that the company will continue to be a going concern. 

 
2.3

Foreign currency translation

The company's functional and presentational currency is GBP.
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. 
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of income and retained earnings.

Page 3

 
ROGUE PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the lease term.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
ROGUE PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, both on the reducing balance and straight line methods.

Depreciation is provided on the following basis:

Plant and machinery
-
3 years straight line
Furniture, fixtures and fittings
-
15% reducing balance
Office equipment
-
3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a actual cost basis.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Debtors

Short term debtors are measured at transaction price, less any impairment. 

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.10

Creditors

Short term creditors are measured at the transaction price. 

 
2.11

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from related parties.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Page 5

 
ROGUE PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Plant and machinery
Furniture, fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2023
17,586
10,900
4,231
32,717


Additions
-
14,395
-
14,395



At 31 March 2024

17,586
25,295
4,231
47,112



Depreciation


At 1 April 2023
17,586
8,367
4,231
30,184


Charge for the year on owned assets
-
2,539
-
2,539



At 31 March 2024

17,586
10,906
4,231
32,723



Net book value



At 31 March 2024
-
14,389
-
14,389



At 31 March 2023
-
2,533
-
2,533

Page 6

 
ROGUE PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Stocks

2024
2023
£
£

Goods for resale
16,226
23,485

16,226
23,485



6.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
7,987
7,987

7,987
7,987


2024
2023
£
£

Due within one year

Other debtors
731
-

731
-



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
14
4,645

Other creditors
753,335
817,725

Accruals
2,600
2,000

755,949
824,370


Page 7

 
ROGUE PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Commitments under operating leases

At 31 March 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Total commitments
48,125
11,229

48,125
11,229


9.


Related party transactions

At the year end date the company owed the director £752,915 (2023 £816,272). The loan is interest free.

 
Page 8