Company Registration No. 08872744 (England and Wales)
ROOTED110 LIMITED
Unaudited accounts
for the year ended 29 February 2024
ROOTED110 LIMITED
Unaudited accounts
Contents
ROOTED110 LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
21,836
9,739
Cash at bank and in hand
1,687
9,902
Creditors: amounts falling due within one year
(41,653)
(39,257)
Net current liabilities
(39,966)
(29,355)
Total assets less current liabilities
(18,130)
(19,616)
Creditors: amounts falling due after more than one year
(16,140)
(16,620)
Net liabilities
(34,270)
(36,236)
Called up share capital
1
1
Profit and loss account
(34,271)
(36,237)
Shareholders' funds
(34,270)
(36,236)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 November 2024 and were signed on its behalf by
Farouk Raouf Musah
Director
Company Registration No. 08872744
ROOTED110 LIMITED
Notes to the Accounts
for the year ended 29 February 2024
ROOTED110 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08872744. The registered office is Office 1, Izabella House, 24-26 Regent Place, Birmingham, West Midlands, B1 3NJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
14,864
17,500
4,176
36,540
Additions
-
22,500
1,633
24,133
Disposals
-
(17,500)
-
(17,500)
At 29 February 2024
14,864
22,500
5,809
43,173
At 1 March 2023
14,864
7,761
4,176
26,801
Charge for the year
-
2,121
176
2,297
On disposals
-
(7,761)
-
(7,761)
At 29 February 2024
14,864
2,121
4,352
21,337
At 29 February 2024
-
20,379
1,457
21,836
At 28 February 2023
-
9,739
-
9,739
ROOTED110 LIMITED
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
38,567
29,427
Included in creditors amounts due within one year is a loan of £8,775 (2020: £4,017) granted to the company by Mr F R Musah (Director). The loan is unsecured, interest free and repayable on demand
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).