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REGISTERED NUMBER: 09205347 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30th September 2024

for

Roscow Mechanical Limited

Roscow Mechanical Limited (Registered number: 09205347)






Contents of the Financial Statements
for the year ended 30th September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Roscow Mechanical Limited

Company Information
for the year ended 30th September 2024







DIRECTORS: G R Roscow
Mrs G Roscow





SECRETARY: Mrs G Roscow





REGISTERED OFFICE: Unit 10 Centurion Way
Centurion Industrial Estate
Leyland
Preston
Lancashire
PR25 4GU





REGISTERED NUMBER: 09205347 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

Roscow Mechanical Limited (Registered number: 09205347)

Balance Sheet
30th September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 17,500 17,500
Tangible assets 5 135,257 104,677
152,757 122,177

CURRENT ASSETS
Stocks 12,568 21,742
Debtors 6 451,983 485,854
Cash at bank and in hand 65,878 95,847
530,429 603,443
CREDITORS
Amounts falling due within one year 7 276,993 313,397
NET CURRENT ASSETS 253,436 290,046
TOTAL ASSETS LESS CURRENT
LIABILITIES

406,193

412,223

CREDITORS
Amounts falling due after more than one
year

8

(185,125

)

(209,664

)

PROVISIONS FOR LIABILITIES (30,352 ) (22,486 )
NET ASSETS 190,716 180,073

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 190,616 179,973
190,716 180,073

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

Roscow Mechanical Limited (Registered number: 09205347)

Balance Sheet - continued
30th September 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 22nd November 2024 and were signed on its behalf by:





G R Roscow - Director


Roscow Mechanical Limited (Registered number: 09205347)

Notes to the Financial Statements
for the year ended 30th September 2024

1. STATUTORY INFORMATION

Roscow Mechanical 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

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.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 10% on cost

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.

Roscow Mechanical Limited (Registered number: 09205347)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st October 2023
and 30th September 2024 17,500
NET BOOK VALUE
At 30th September 2024 17,500
At 30th September 2023 17,500

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st October 2023 328,429
Additions 78,284
Disposals (48,067 )
At 30th September 2024 358,646
DEPRECIATION
At 1st October 2023 223,752
Charge for year 30,801
Eliminated on disposal (31,164 )
At 30th September 2024 223,389
NET BOOK VALUE
At 30th September 2024 135,257
At 30th September 2023 104,677

Included within the net book value is £57,792 (2023: £35,990) relating to assets held under hire purchase agreements.

Roscow Mechanical Limited (Registered number: 09205347)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 82,640 130,259
Amounts owed by group undertakings 364,826 352,832
Other debtors 4,517 2,763
451,983 485,854

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 66,298 71,725
Hire purchase contracts 7,748 32,048
Trade creditors 29,284 110,275
Taxation and social security 83,895 64,922
Other creditors 89,768 34,427
276,993 313,397

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 144,212 207,340
Hire purchase contracts 40,913 2,324
185,125 209,664

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 48,661 34,372

Hire purchase loans are secured against specific fixed assets.

A specific bank loan is secured with a fixed and floating charge against the company.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director has provided a personal guarantee on a specific bank loan.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr G R Roscow by virtue of his shareholding in the parent company, Roscow Group Limited.