Roundhill Computer Systems Limited 01498234 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is the supply of computer consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true true 01498234 2023-04-01 2024-03-31 01498234 2024-03-31 01498234 core:CurrentFinancialInstruments 2024-03-31 01498234 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 01498234 core:FurnitureFittingsToolsEquipment 2024-03-31 01498234 bus:SmallEntities 2023-04-01 2024-03-31 01498234 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 01498234 bus:FilletedAccounts 2023-04-01 2024-03-31 01498234 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01498234 bus:RegisteredOffice 2023-04-01 2024-03-31 01498234 bus:Director2 2023-04-01 2024-03-31 01498234 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01498234 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 01498234 core:PlantMachinery 2023-04-01 2024-03-31 01498234 countries:EnglandWales 2023-04-01 2024-03-31 01498234 2023-03-31 01498234 core:FurnitureFittingsToolsEquipment 2023-03-31 01498234 2022-04-01 2023-03-31 01498234 2023-03-31 01498234 core:CurrentFinancialInstruments 2023-03-31 01498234 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 01498234 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 01498234

Roundhill Computer Systems Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Roundhill Computer Systems Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 4

 

Roundhill Computer Systems Limited

(Registration number: 01498234)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,902

2,716

Current assets

 

Debtors

5

1,359

1,156

Cash at bank and in hand

 

2,885

2,814

 

4,244

3,970

Creditors: Amounts falling due within one year

6

(2,270)

(1,483)

Net current assets

 

1,974

2,487

Net assets

 

3,876

5,203

Capital and reserves

 

Called up share capital

100

100

Retained earnings

3,776

5,103

Shareholders' funds

 

3,876

5,203

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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 December 2024 and signed on its behalf by:
 

.........................................
Timothy Oliver Frost
Director

 

Roundhill Computer Systems Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Church Lane
Ogbourne St. George
Marlborough
Wiltshire
SN8 1SU
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of computer consultancy services. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Roundhill Computer Systems Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

10% to 25% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 3).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

21,089

21,089

Additions

477

477

Disposals

(1,513)

(1,513)

At 31 March 2024

20,053

20,053

Depreciation

At 1 April 2023

18,373

18,373

Charge for the year

1,291

1,291

Eliminated on disposal

(1,513)

(1,513)

At 31 March 2024

18,151

18,151

Carrying amount

At 31 March 2024

1,902

1,902

At 31 March 2023

2,716

2,716

 

Roundhill Computer Systems Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

5

Debtors

2024
£

2023
£

Other debtors

513

404

Prepayments

846

752

1,359

1,156

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

18

18

Other creditors

2,252

1,465

2,270

1,483