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REGISTERED NUMBER: 13814965 (England and Wales)



















Unaudited Financial Statements

for the Period 1 January 2023 to 31 March 2024

for

Rochford Advisers Limited

Rochford Advisers Limited (Registered number: 13814965)

Contents of the Financial Statements
for the Period 1 January 2023 to 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rochford Advisers Limited

Company Information
for the Period 1 January 2023 to 31 March 2024







DIRECTORS: R P Rochford
Mrs S V Rochford





SECRETARY: Mrs S V Rochford





REGISTERED OFFICE: 44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN





REGISTERED NUMBER: 13814965 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

Rochford Advisers Limited (Registered number: 13814965)

Balance Sheet
31 March 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 36,000
Tangible assets 5 113,382 2,138
113,382 38,138

CURRENT ASSETS
Debtors 6 625,266 42,178
Cash at bank 59,079 534,075
684,345 576,253
CREDITORS
Amounts falling due within one year 7 202,396 166,670
NET CURRENT ASSETS 481,949 409,583
TOTAL ASSETS LESS CURRENT
LIABILITIES

595,331

447,721

PROVISIONS FOR LIABILITIES - 406
NET ASSETS 595,331 447,315

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 595,329 447,313
SHAREHOLDERS' FUNDS 595,331 447,315

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

Rochford Advisers Limited (Registered number: 13814965)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:





R P Rochford - Director


Rochford Advisers Limited (Registered number: 13814965)

Notes to the Financial Statements
for the Period 1 January 2023 to 31 March 2024


1. STATUTORY INFORMATION

Rochford Advisers 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
Due to contractual issues the company's trading income ceased on 31st March 2024 and accordingly the accounts have been prepared showing the company's assets at their recoverable amounts. All liabilities have been classified as current liabilities.

The functional and presentational currency of the company is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Due to the company's trading activities ceasing on 31st March 2024 resulting in goodwill no longer having a value to the business it has been fully written off in the period.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Computer Equipment - 25% straight line basis
Motor vehicles - 25% straight line basis

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Rochford Advisers Limited (Registered number: 13814965)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 31 March 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 March 2024 40,000
AMORTISATION
At 1 January 2023 4,000
Charge for period 36,000
At 31 March 2024 40,000
NET BOOK VALUE
At 31 March 2024 -
At 31 December 2022 36,000

Rochford Advisers Limited (Registered number: 13814965)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 31 March 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 2,358
Additions 131,100
At 31 March 2024 133,458
DEPRECIATION
At 1 January 2023 220
Charge for period 19,856
At 31 March 2024 20,076
NET BOOK VALUE
At 31 March 2024 113,382
At 31 December 2022 2,138

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and
machinery
etc
£   
COST
Additions 131,100
At 31 March 2024 131,100
DEPRECIATION
Charge for period 19,119
At 31 March 2024 19,119
NET BOOK VALUE
At 31 March 2024 111,981

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors - 17,178
Other debtors 625,266 25,000
625,266 42,178

Rochford Advisers Limited (Registered number: 13814965)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 31 March 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Taxation and social security 83,042 129,750
Other creditors 119,354 36,920
202,396 166,670

8. RELATED PARTY DISCLOSURES

During the period, total dividends of £148,200 (2022 - £103,800) were paid to the directors .

At the balance sheet date the company was owed £624,750 (2022 £20,000) by a business under common control. The loan is interest free, repayable on demand and is shown in other debtors.
At the balance sheet date the company owed £278 (2022: £34,520) key management personnel. The loan is interest free, repayable on demand and included in other creditors.