Company Registration No. 10585194 (England and Wales)
Rothwell Traders Ltd
Unaudited accounts
for the year ended 31 March 2024
Rothwell Traders Ltd
Unaudited accounts
Contents
Rothwell Traders Ltd
Company Information
for the year ended 31 March 2024
Directors
Paul George Rothwell
Avril Denise Rothwell
Company Number
10585194 (England and Wales)
Registered Office
Jasmine Cottage
Rowland
Bakewell
Derbyshire
DE45 1NR
Accountants
Andrew B Sharkey Ltd
Jasmine Cottage
Rowland
Bakewell
Derbyshire
DE45 1NR
Rothwell Traders Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
17,830
20,292
Inventories
146,505
93,718
Cash at bank and in hand
95,948
101,143
Creditors: amounts falling due within one year
(123,119)
(94,888)
Net current assets
133,455
108,999
Net assets
151,285
129,291
Called up share capital
100
100
Profit and loss account
151,185
129,191
Shareholders' funds
151,285
129,291
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Paul George Rothwell
Director
Company Registration No. 10585194
Rothwell Traders Ltd
Notes to the Accounts
for the year ended 31 March 2024
Rothwell Traders Ltd is a private company, limited by shares, registered in England and Wales, registration number 10585194. The registered office is Jasmine Cottage, Rowland, Bakewell, Derbyshire, DE45 1NR. The principal place of business is Unit 7B, Orme Court, Granby Road,, Bakewell, Derbyshire, DE45 1ES.
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:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
22,623
21,210
43,833
At 31 March 2024
24,618
21,210
45,828
At 1 April 2023
13,013
10,528
23,541
Charge for the year
2,321
2,136
4,457
At 31 March 2024
15,334
12,664
27,998
At 31 March 2024
9,284
8,546
17,830
At 31 March 2023
9,610
10,682
20,292
Rothwell Traders Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
2,103
500
6
Investments held as current assets
2024
2023
Unlisted investments
1,000
1,000
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
78,317
50,154
Taxes and social security
12,756
4,156
Loans from directors
32,046
40,578
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 4 (2023: 3).