Company Registration No. 08317436 (England and Wales)
Roundlight Limited
Unaudited accounts
for the year ended 31 January 2024
Roundlight Limited
Unaudited accounts
Contents
Roundlight Limited
Company Information
for the year ended 31 January 2024
Directors
Christina Aldridge
Richard Aldridge
Company Number
08317436 (England and Wales)
Registered Office
Hawthorn House
Lordswood
Eastleigh
SO50 6HR
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
Roundlight Limited
Statement of financial position
as at 31 January 2024
Tangible assets
2,246
3,312
Cash at bank and in hand
55,152
55
Creditors: amounts falling due within one year
(76,754)
(22,353)
Net current liabilities
(2,134)
(3,177)
Called up share capital
100
100
Profit and loss account
12
35
Shareholders' funds
112
135
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by
Christina Aldridge
Director
Company Registration No. 08317436
Roundlight Limited
Notes to the Accounts
for the year ended 31 January 2024
Roundlight Limited is a private company, limited by shares, registered in England and Wales, registration number 08317436. The registered office is Hawthorn House, Lordswood, Eastleigh, SO50 6HR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 February 2023
220,000
At 31 January 2024
220,000
At 1 February 2023
220,000
At 31 January 2024
220,000
Roundlight Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
19,468
10,721
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
29,376
65,937
Trade creditors
23,343
28,344
Taxes and social security
40,014
15,284
Other creditors
18,424
900
Loans from directors
(60,135)
(88,431)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Current account
44,215
14,671
28,543
30,343
Current account
44,215
14,671
28,543
30,343
88,430
29,342
57,086
60,686
The directors cleared the balance by way of dividend of £65,000 declared on 28 October 2024
Roundlight Limited
Notes to the Accounts
for the year ended 31 January 2024
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).