Silverfin false false 31/03/2024 01/04/2023 31/03/2024 George Stevens 31/12/2023 Kevin Bernard Stevens 31/12/2023 24/11/2010 Tracey Stevens 31/12/2023 01/03/2021 26 November 2024 The principal activity of the company during the year was that of property services and maintenance. 07449801 2024-03-31 07449801 bus:Director1 2024-03-31 07449801 bus:Director2 2024-03-31 07449801 bus:Director3 2024-03-31 07449801 2023-03-31 07449801 core:CurrentFinancialInstruments 2024-03-31 07449801 core:CurrentFinancialInstruments 2023-03-31 07449801 core:Non-currentFinancialInstruments 2024-03-31 07449801 core:Non-currentFinancialInstruments 2023-03-31 07449801 core:ShareCapital 2024-03-31 07449801 core:ShareCapital 2023-03-31 07449801 core:RetainedEarningsAccumulatedLosses 2024-03-31 07449801 core:RetainedEarningsAccumulatedLosses 2023-03-31 07449801 core:Goodwill 2023-03-31 07449801 core:Goodwill 2024-03-31 07449801 core:PlantMachinery 2023-03-31 07449801 core:Vehicles 2023-03-31 07449801 core:ComputerEquipment 2023-03-31 07449801 core:PlantMachinery 2024-03-31 07449801 core:Vehicles 2024-03-31 07449801 core:ComputerEquipment 2024-03-31 07449801 bus:OrdinaryShareClass1 2024-03-31 07449801 2023-04-01 2024-03-31 07449801 bus:FilletedAccounts 2023-04-01 2024-03-31 07449801 bus:SmallEntities 2023-04-01 2024-03-31 07449801 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07449801 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07449801 bus:Director1 2023-04-01 2024-03-31 07449801 bus:Director2 2023-04-01 2024-03-31 07449801 bus:Director3 2023-04-01 2024-03-31 07449801 core:PlantMachinery 2023-04-01 2024-03-31 07449801 core:Vehicles 2023-04-01 2024-03-31 07449801 core:ComputerEquipment 2023-04-01 2024-03-31 07449801 2022-04-01 2023-03-31 07449801 core:Non-currentFinancialInstruments 2023-04-01 2024-03-31 07449801 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 07449801 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 07449801 (England and Wales)

ROUNDHOUSE COMMERCIAL LTD

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

ROUNDHOUSE COMMERCIAL LTD

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

ROUNDHOUSE COMMERCIAL LTD

COMPANY INFORMATION

For the financial year ended 31 March 2024
ROUNDHOUSE COMMERCIAL LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2024
DIRECTOR George Stevens (Appointed 31 December 2023)
Kevin Bernard Stevens (Resigned 31 December 2023)
Tracey Stevens (Resigned 31 December 2023)
REGISTERED OFFICE Alouette Cottage
Flawith Road
Tholthorpe
YO61 1SG
United Kingdom
COMPANY NUMBER 07449801 (England and Wales)
ACCOUNTANT Morrell Middleton Auditors Ltd
Chartered Certified Accountants
Wellington House
Aviator Court
York
YO30 4UZ
ROUNDHOUSE COMMERCIAL LTD

BALANCE SHEET

As at 31 March 2024
ROUNDHOUSE COMMERCIAL LTD

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 73,082 22,489
73,082 22,489
Current assets
Stocks 5 500 2,450
Debtors 6 7,192 0
Cash at bank and in hand 7 4,302 13,906
11,994 16,356
Creditors: amounts falling due within one year 8 ( 155,670) ( 144,431)
Net current liabilities (143,676) (128,075)
Total assets less current liabilities (70,594) (105,586)
Creditors: amounts falling due after more than one year 9 ( 38,819) 0
Net liabilities ( 109,413) ( 105,586)
Capital and reserves
Called-up share capital 10 2 2
Profit and loss account ( 109,415 ) ( 105,588 )
Total shareholders' deficit ( 109,413) ( 105,586)

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Roundhouse Commercial Ltd (registered number: 07449801) were approved and authorised for issue by the Director on 26 November 2024. They were signed on its behalf by:

George Stevens
Director
ROUNDHOUSE COMMERCIAL LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
ROUNDHOUSE COMMERCIAL LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Roundhouse Commercial Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Alouette Cottage, Flawith Road, Tholthorpe, YO61 1SG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill not amortised
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery 20 % reducing balance
Vehicles 33.33 % reducing balance
Computer equipment 33.33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 2

3. Intangible assets

Goodwill Total
£ £
Cost
At 01 April 2023 24,759 24,759
At 31 March 2024 24,759 24,759
Accumulated amortisation
At 01 April 2023 24,759 24,759
At 31 March 2024 24,759 24,759
Net book value
At 31 March 2024 0 0
At 31 March 2023 0 0

4. Tangible assets

Plant and machinery Vehicles Computer equipment Total
£ £ £ £
Cost
At 01 April 2023 21,857 19,495 11,552 52,904
Additions 7,970 54,090 1,411 63,471
At 31 March 2024 29,827 73,585 12,963 116,375
Accumulated depreciation
At 01 April 2023 11,739 9,714 8,962 30,415
Charge for the financial year 2,693 9,067 1,118 12,878
At 31 March 2024 14,432 18,781 10,080 43,293
Net book value
At 31 March 2024 15,395 54,804 2,883 73,082
At 31 March 2023 10,118 9,781 2,590 22,489

5. Stocks

2024 2023
£ £
Stocks 500 2,450

6. Debtors

2024 2023
£ £
Trade debtors 7,192 0

7. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 4,302 13,906

8. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 5,395 40,326
Trade creditors 4,540 0
Other taxation and social security 1,388 1,475
Obligations under finance leases and hire purchase contracts 3,660 0
Other creditors 140,687 102,630
155,670 144,431

9. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 29,669 0
Obligations under finance leases and hire purchase contracts 9,150 0
38,819 0

There are no amounts included above in respect of which any security has been given by the small entity.

10. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2