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REGISTERED NUMBER: 07796361 (England and Wales)















Unaudited Financial Statements

for the Period 1 November 2022 to 30 April 2024

for

Road Rags Ltd

Road Rags Ltd (Registered number: 07796361)






Contents of the Financial Statements
for the Period 1 November 2022 to 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Report of the Accountants 5

Road Rags Ltd

Company Information
for the Period 1 November 2022 to 30 April 2024







DIRECTORS: V J Hobbs
M J M Gore





REGISTERED OFFICE: 59 Klea Avenue
London
SW4 9HY





REGISTERED NUMBER: 07796361 (England and Wales)





ACCOUNTANTS: A Plus Accountancy & Business Solutions Limited
The Mount
21 High Street
Wellington
Somerset
TA21 8QT

Road Rags Ltd (Registered number: 07796361)

Statement of Financial Position
30 April 2024

30.4.24 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 186 239

CURRENT ASSETS
Stocks 10,658 12,708
Cash at bank 5,870 4,103
16,528 16,811
CREDITORS
Amounts falling due within one year 5 68,482 67,843
NET CURRENT LIABILITIES (51,954 ) (51,032 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(51,768

)

(50,793

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (51,868 ) (50,893 )
SHAREHOLDERS' FUNDS (51,768 ) (50,793 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:



V J Hobbs - Director



M J M Gore - Director


Road Rags Ltd (Registered number: 07796361)

Notes to the Financial Statements
for the Period 1 November 2022 to 30 April 2024

1. STATUTORY INFORMATION

Road Rags Ltd 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.

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 - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
& fittings
£   
COST
At 1 November 2022
and 30 April 2024 953
DEPRECIATION
At 1 November 2022 714
Charge for period 53
At 30 April 2024 767
NET BOOK VALUE
At 30 April 2024 186
At 31 October 2022 239

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 31.10.22
£    £   
Other creditors 68,482 67,843

Road Rags Ltd (Registered number: 07796361)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 30 April 2024

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 April 2024 and the year ended 31 October 2022:

30.4.24 31.10.22
£    £   
V J Hobbs
Balance outstanding at start of period (36,855 ) (36,595 )
Amounts repaid (390 ) (260 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (37,245 ) (36,855 )

M J M Gore
Balance outstanding at start of period (30,500 ) (30,500 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (30,500 ) (30,500 )

Road Rags Ltd

Report of the Accountants to the Directors of
Road Rags Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the period ended 30 April 2024 set out on pages two to four and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






A Plus Accountancy & Business Solutions Limited
The Mount
21 High Street
Wellington
Somerset
TA21 8QT


Date: .............................................