1 March 2023 false No description of principal activity Taxfiler 2024.6 10594775business:PrivateLimitedCompanyLtd2023-03-012024-02-28 105947752023-02-28 105947752023-03-012024-02-28 10594775business:AuditExemptWithAccountantsReport2023-03-012024-02-28 10594775business:FilletedAccounts2023-03-012024-02-28 105947752024-02-28 10594775business:Director12023-03-012024-02-28 10594775business:RegisteredOffice2023-03-012024-02-28 105947752023-02-28 10594775core:WithinOneYear2024-02-28 10594775core:WithinOneYear2023-02-28 10594775core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 10594775core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10594775core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 10594775core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10594775core:PreviouslyStatedAmount2024-02-28 10594775core:PreviouslyStatedAmount2023-02-28 10594775business:SmallEntities2023-03-012024-02-28 10594775countries:EnglandWales2023-03-012024-02-28 10594775core:PlantMachinery2023-03-012024-02-28 10594775core:MotorVehicles2023-03-012024-02-28 10594775core:ComputerEquipment2023-03-012024-02-28 10594775core:PlantMachinery2023-02-28 10594775core:MotorVehicles2023-02-28 10594775core:ComputerEquipment2023-02-28 10594775core:PlantMachinery2024-02-28 10594775core:MotorVehicles2024-02-28 10594775core:ComputerEquipment2024-02-28 105947752022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10594775 (England and Wales)
Roost Services Ltd Unaudited accounts for the period from 1 March 2023 to 28 February 2024
Roost Services Ltd Unaudited accounts Contents
Page
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Roost Services Ltd Company Information for the period from 1 March 2023 to 28 February 2024
Director
T J Englefield
Company Number
10594775 (England and Wales)
Registered Office
38 Charnwood Crescent Chandler's Ford Eastleigh Hampshire SO53 5QT United Kingdom
Accountants
TBT Accountancy Ltd Kingfisher House Rownhams Lane North Baddesley Southampton Hampshire SO52 9LP
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Roost Services Ltd Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
46,190 
47,512 
Current assets
Inventories
6,000 
6,000 
Debtors
42,396 
47,420 
Cash at bank and in hand
89,540 
47,964 
137,936 
101,384 
Creditors: amounts falling due within one year
(108,720)
(98,195)
Net current assets
29,216 
3,189 
Total assets less current liabilities
75,406 
50,701 
Provisions for liabilities
Deferred tax
(8,873)
(9,027)
Net assets
66,533 
41,674 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
65,533 
40,674 
Shareholders' funds
66,533 
41,674 
For the period ending 28 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 14 October 2024 and were signed on its behalf by
T J Englefield Director Company Registration No. 10594775
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Roost Services Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
Roost Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 10594775. The registered office is 38 Charnwood Crescent, Chandler's Ford, Eastleigh, Hampshire, SO53 5QT, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% on reducing balance
Motor vehicles
20% on reducing balance
Computer equipment
25% on reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Pension costs and other post-retirement benefits
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable to the company's pension scheme are charged to the profit or loss in the period to which they relate.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payment is treated as a liability.
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Roost Services Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
Government grants
Government grants in relation to the hire of a new apprentice were received during the year and are credited to the profit and loss account when the expenditure is charged to profit and loss.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
2,302 
83,937 
8,458 
94,697 
Additions
7,349 
- 
2,440 
9,789 
At 28 February 2024
9,651 
83,937 
10,898 
104,486 
Depreciation
At 1 March 2023
1,036 
41,605 
4,544 
47,185 
Charge for the period
2,154 
6,831 
2,126 
11,111 
At 28 February 2024
3,190 
48,436 
6,670 
58,296 
Net book value
At 28 February 2024
6,461 
35,501 
4,228 
46,190 
At 28 February 2023
1,266 
42,332 
3,914 
47,512 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,740 
14,976 
Accrued income and prepayments
5,116 
13,413 
Other debtors
14,540 
19,031 
42,396 
47,420 
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Roost Services Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
1,667 
VAT
21,193 
10,084 
Trade creditors
21,338 
26,126 
Taxes and social security
26,283 
12,835 
Other creditors
39,906 
32,183 
Loans from directors
- 
13,300 
Deferred income
- 
2,000 
108,720 
98,195 
7
Average number of employees
During the period the average number of employees was 10 (2023: 8).
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