Registered number
06076787
ROKiT Group International Limited
Filleted Accounts
29 February 2024
ROKiT Group International Limited
Registered number: 06076787
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 684,620 290,105
Investments 4 1,120 5
685,740 290,110
Current assets
Debtors 5 29,301 -
Creditors: amounts falling due within one year 6 (1,115) -
Net current assets 28,186 -
Total assets less current liabilities 713,926 290,110
Creditors: amounts falling due after more than one year 7 (713,631) (290,105)
Net assets 295 5
Capital and reserves
Called up share capital 1 1
Profit and loss account 294 4
Shareholder's funds 295 5
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J L Kendrick
Director
Approved by the board on 24 October 2024
ROKiT Group International Limited
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
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).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Consolidation
Consolidated financial statements have not been prepared as the company is exempt from preparing group accounts under section 399 of the Companies Act 2006 as the company is subject to the small companies regime. Consequently, these financial statements only present information about ROKiT Group International Limited as an individual company.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Intangible fixed assets £
IPR:
Cost
At 1 March 2023 290,105
Additions 423,526
At 29 February 2024 713,631
Amortisation
Provided during the year 29,011
At 29 February 2024 29,011
Net book value
At 29 February 2024 684,620
At 28 February 2023 290,105
IPR is being written off in equal annual instalments over its estimated economic life of 10 years, commencing the first year after the amount is recognised.
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 March 2023 5
Additions 1,115
At 29 February 2024 1,120
5 Debtors 2024 2023
£ £
Other debtors 29,301 -
6 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 1,115 -
7 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 713,631 290,105
8 Other information
ROKiT Group International Limited is a private company limited by shares and incorporated in England. Its registered office is:
ROKiT House
Kingswood Business Park
Holyhead Road
Albrighton
Staffordshire
WV7 3AU
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