2023-03-012024-02-292024-02-29false12466565ROOFBUNK INTERNATIONAL LTD2024-10-23iso4217:GBPxbrli:pure124665652023-03-01124665652024-02-29124665652023-03-012024-02-29124665652022-03-01124665652023-02-28124665652022-03-012023-02-2812466565bus:SmallEntities2023-03-012024-02-2912466565bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2912466565bus:FullAccounts2023-03-012024-02-2912466565bus:PrivateLimitedCompanyLtd2023-03-012024-02-2912466565core:WithinOneYear2024-02-2912466565core:AfterOneYear2024-02-2912466565core:WithinOneYear2023-02-2812466565core:AfterOneYear2023-02-2812466565core:ShareCapital2024-02-2912466565core:SharePremium2024-02-2912466565core:RevaluationReserve2024-02-2912466565core:OtherReservesSubtotal2024-02-2912466565core:RetainedEarningsAccumulatedLosses2024-02-2912466565core:ShareCapital2023-02-2812466565core:SharePremium2023-02-2812466565core:RevaluationReserve2023-02-2812466565core:OtherReservesSubtotal2023-02-2812466565core:RetainedEarningsAccumulatedLosses2023-02-2812466565core:LandBuildings2024-02-2912466565core:PlantMachinery2024-02-2912466565core:Vehicles2024-02-2912466565core:FurnitureFittings2024-02-2912466565core:OfficeEquipment2024-02-2912466565core:NetGoodwill2024-02-2912466565core:IntangibleAssetsOtherThanGoodwill2024-02-2912466565core:ListedExchangeTraded2024-02-2912466565core:UnlistedNon-exchangeTraded2024-02-2912466565core:LandBuildings2023-02-2812466565core:PlantMachinery2023-02-2812466565core:Vehicles2023-02-2812466565core:FurnitureFittings2023-02-2812466565core:OfficeEquipment2023-02-2812466565core:NetGoodwill2023-02-2812466565core:IntangibleAssetsOtherThanGoodwill2023-02-2812466565core:ListedExchangeTraded2023-02-2812466565core:UnlistedNon-exchangeTraded2023-02-2812466565core:LandBuildings2023-03-012024-02-2912466565core:PlantMachinery2023-03-012024-02-2912466565core:Vehicles2023-03-012024-02-2912466565core:FurnitureFittings2023-03-012024-02-2912466565core:OfficeEquipment2023-03-012024-02-2912466565core:NetGoodwill2023-03-012024-02-2912466565core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2912466565core:ListedExchangeTraded2023-03-012024-02-2912466565core:UnlistedNon-exchangeTraded2023-03-012024-02-2912466565core:MoreThanFiveYears2023-03-012024-02-2912466565core:Non-currentFinancialInstruments2024-02-2912466565core:Non-currentFinancialInstruments2023-02-2812466565dpl:CostSales2023-03-012024-02-2912466565dpl:DistributionCosts2023-03-012024-02-2912466565core:LandBuildings2023-03-012024-02-2912466565core:PlantMachinery2023-03-012024-02-2912466565core:Vehicles2023-03-012024-02-2912466565core:FurnitureFittings2023-03-012024-02-2912466565core:OfficeEquipment2023-03-012024-02-2912466565dpl:AdministrativeExpenses2023-03-012024-02-2912466565core:NetGoodwill2023-03-012024-02-2912466565core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2912466565dpl:GroupUndertakings2023-03-012024-02-2912466565dpl:ParticipatingInterests2023-03-012024-02-2912466565dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2912466565core:ListedExchangeTraded2023-03-012024-02-2912466565dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2912466565core:UnlistedNon-exchangeTraded2023-03-012024-02-2912466565dpl:CostSales2022-03-012023-02-2812466565dpl:DistributionCosts2022-03-012023-02-2812466565core:LandBuildings2022-03-012023-02-2812466565core:PlantMachinery2022-03-012023-02-2812466565core:Vehicles2022-03-012023-02-2812466565core:FurnitureFittings2022-03-012023-02-2812466565core:OfficeEquipment2022-03-012023-02-2812466565dpl:AdministrativeExpenses2022-03-012023-02-2812466565core:NetGoodwill2022-03-012023-02-2812466565core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2812466565dpl:GroupUndertakings2022-03-012023-02-2812466565dpl:ParticipatingInterests2022-03-012023-02-2812466565dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2812466565core:ListedExchangeTraded2022-03-012023-02-2812466565dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2812466565core:UnlistedNon-exchangeTraded2022-03-012023-02-2812466565core:NetGoodwill2024-02-2912466565core:IntangibleAssetsOtherThanGoodwill2024-02-2912466565core:LandBuildings2024-02-2912466565core:PlantMachinery2024-02-2912466565core:Vehicles2024-02-2912466565core:FurnitureFittings2024-02-2912466565core:OfficeEquipment2024-02-2912466565core:AfterOneYear2024-02-2912466565core:WithinOneYear2024-02-2912466565core:ListedExchangeTraded2024-02-2912466565core:UnlistedNon-exchangeTraded2024-02-2912466565core:ShareCapital2024-02-2912466565core:SharePremium2024-02-2912466565core:RevaluationReserve2024-02-2912466565core:OtherReservesSubtotal2024-02-2912466565core:RetainedEarningsAccumulatedLosses2024-02-2912466565core:NetGoodwill2023-02-2812466565core:IntangibleAssetsOtherThanGoodwill2023-02-2812466565core:LandBuildings2023-02-2812466565core:PlantMachinery2023-02-2812466565core:Vehicles2023-02-2812466565core:FurnitureFittings2023-02-2812466565core:OfficeEquipment2023-02-2812466565core:AfterOneYear2023-02-2812466565core:WithinOneYear2023-02-2812466565core:ListedExchange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ROOFBUNK INTERNATIONAL LTD

Registered Number
12466565
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

ROOFBUNK INTERNATIONAL LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

ROBERTS, Peter Thomas

Registered Address

10 Parkcroft Road
West Bridgford
Nottingham
NG2 6FN

Registered Number

12466565 (England and Wales)
ROOFBUNK INTERNATIONAL LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3205-
Tangible assets43,376-
3,581-
Current assets
Stocks521,42915,997
Debtors61,07611,841
Cash at bank and on hand49,81825,485
72,32353,323
Creditors amounts falling due within one year7(117,896)(73,760)
Net current assets (liabilities)(45,573)(20,437)
Total assets less current liabilities(41,992)(20,437)
Net assets(41,992)(20,437)
Capital and reserves
Called up share capital11
Profit and loss account(41,993)(20,438)
Shareholders' funds(41,992)(20,437)
The financial statements were approved and authorised for issue by the Director on 23 October 2024, and are signed on its behalf by:
ROBERTS, Peter Thomas
Director
Registered Company No. 12466565
ROOFBUNK INTERNATIONAL LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
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).
Going concern
The director continues to invest in the company as he believes in its future profitability. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Amortisation
Amortisation in calculated on the useful life of the trademark application of 10 years.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other 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.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Other

Total

££
Cost or valuation
Additions220220
At 29 February 24220220
Amortisation and impairment
Charge for year1515
At 29 February 241515
Net book value
At 29 February 24205205
At 28 February 23--
4.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
Additions2,6781,2693,947
At 29 February 242,6781,2693,947
Depreciation and impairment
Charge for year404167571
At 29 February 24404167571
Net book value
At 29 February 242,2741,1023,376
At 28 February 23---
5.Stocks

2024

2023

££
Finished goods21,42915,997
Total21,42915,997
6.Debtors: amounts due within one year

2024

2023

££
Other debtors1134,663
Prepayments and accrued income9637,178
Total1,07611,841
7.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables23117,394
Bank borrowings and overdrafts4,798-
Amounts owed to related parties105,14956,063
Taxation and social security7,700303
Accrued liabilities and deferred income18-
Total117,89673,760
8.Related party transactions
During the year the company had loans outstanding to the Director of £105,149 (2023: £56,063).