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REGISTERED NUMBER: SC340865 (Scotland)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ROLLO'S CAFE LIMITED

ROLLO'S CAFE LIMITED (REGISTERED NUMBER: SC340865)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

ROLLO'S CAFE LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: M Rollo
Mrs C Rollo





SECRETARY: Mrs C Rollo





REGISTERED OFFICE: 47/49 Abbeygreen
Lesmahagow
Lanarkshire
ML11 0EY





REGISTERED NUMBER: SC340865 (Scotland)





ACCOUNTANTS: G. Ingram and Company Limited
Ardoch House
Lesmahagow
South Lanarkshire
ML11 0HJ

ROLLO'S CAFE LIMITED (REGISTERED NUMBER: SC340865)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,688 93,530

CURRENT ASSETS
Stocks 17,200 21,800
Debtors 5 18,731 20,462
Cash at bank and in hand 44,953 39,121
80,884 81,383
CREDITORS
Amounts falling due within one year 6 41,992 30,852
NET CURRENT ASSETS 38,892 50,531
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,580

144,061

CREDITORS
Amounts falling due after more than one
year

7

117,379

143,895
NET ASSETS 201 166

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 101 66
SHAREHOLDERS' FUNDS 201 166

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

ROLLO'S CAFE LIMITED (REGISTERED NUMBER: SC340865)

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 15 November 2024 and were signed on its behalf by:





M Rollo - Director


ROLLO'S CAFE LIMITED (REGISTERED NUMBER: SC340865)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Rollo's Cafe Limited is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% 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.

Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 16 (2023 - 13 ) .

ROLLO'S CAFE LIMITED (REGISTERED NUMBER: SC340865)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 40,691 115,400 26,422 - 182,513
Additions - - - 416 416
At 31 March 2024 40,691 115,400 26,422 416 182,929
DEPRECIATION
At 1 April 2023 23,813 57,180 7,990 - 88,983
Charge for year 1,688 11,644 1,843 83 15,258
At 31 March 2024 25,501 68,824 9,833 83 104,241
NET BOOK VALUE
At 31 March 2024 15,190 46,576 16,589 333 78,688
At 31 March 2023 16,878 58,220 18,432 - 93,530

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 18,731 20,462

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 10,646 16,667
Taxation and social security 30,451 13,670
Other creditors 895 515
41,992 30,852

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 30,000 40,000
Hire purchase contracts 27,823 38,481
Other creditors 59,556 65,414
117,379 143,895

ROLLO'S CAFE LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
ROLLO'S CAFE LIMITED

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 Balance Sheet. 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 Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on page nil 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.






G. Ingram and Company Limited
Ardoch House
Lesmahagow
South Lanarkshire
ML11 0HJ


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