IRIS Accounts Production v24.2.0.383 05729319 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057293192023-04-30057293192024-04-30057293192023-05-012024-04-30057293192022-04-30057293192022-05-012023-04-30057293192023-04-3005729319ns15:EnglandWales2023-05-012024-04-3005729319ns14:PoundSterling2023-05-012024-04-3005729319ns10:Director12023-05-012024-04-3005729319ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3005729319ns10:SmallEntities2023-05-012024-04-3005729319ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3005729319ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3005729319ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3005729319ns10:FullAccounts2023-05-012024-04-3005729319ns5:CurrentFinancialInstruments2024-04-3005729319ns5:CurrentFinancialInstruments2023-04-3005729319ns5:Non-currentFinancialInstruments2024-04-3005729319ns5:Non-currentFinancialInstruments2023-04-3005729319ns5:ShareCapital2024-04-3005729319ns5:ShareCapital2023-04-3005729319ns5:RetainedEarningsAccumulatedLosses2024-04-3005729319ns5:RetainedEarningsAccumulatedLosses2023-04-3005729319ns10:RegisteredOffice2023-05-012024-04-3005729319ns5:PlantMachinery2023-05-012024-04-3005729319ns5:PlantMachinery2023-04-3005729319ns5:PlantMachinery2024-04-3005729319ns5:PlantMachinery2023-04-3005729319ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3005729319ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-04-3005729319ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3005729319ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3005729319ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3005729319ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 05729319 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Richard Roff Limited

Richard Roff Limited (Registered number: 05729319)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Richard Roff Limited (Registered number: 05729319)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 285,284 284,339

CURRENT ASSETS
Stocks 193,115 214,092
Debtors 5 15,802 31,853
Cash at bank 9,648 2,301
218,565 248,246
CREDITORS
Amounts falling due within one
year

6

323,548

363,303
NET CURRENT LIABILITIES (104,983 ) (115,057 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,301

169,282

CREDITORS
Amounts falling due after more
than one year

7

(36,310

)

(57,365

)

PROVISIONS FOR LIABILITIES (42,024 ) (41,203 )
NET ASSETS 101,967 70,714

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 101,966 70,713
101,967 70,714

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

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

Richard Roff Limited (Registered number: 05729319)

Balance Sheet - continued
30 April 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 29 January 2025 and were signed on its behalf by:





R A Roff - Director


Richard Roff Limited (Registered number: 05729319)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Richard Roff Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05729319

Registered office: 30 High Street
Leighton Buzzard
Bedfordshire
LU7 1EA

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 20% on reducing balance, 15% on reducing balance and 10% on reducing balance

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.

Richard Roff Limited (Registered number: 05729319)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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 payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 786,380
Additions 42,724
Disposals (6,750 )
At 30 April 2024 822,354
DEPRECIATION
At 1 May 2023 502,041
Charge for year 40,717
Eliminated on disposal (5,688 )
At 30 April 2024 537,070
NET BOOK VALUE
At 30 April 2024 285,284
At 30 April 2023 284,339

Richard Roff Limited (Registered number: 05729319)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 May 2023 87,453
Transfer to ownership (32,500 )
At 30 April 2024 54,953
DEPRECIATION
At 1 May 2023 15,917
Charge for year 10,002
Transfer to ownership (9,019 )
At 30 April 2024 16,900
NET BOOK VALUE
At 30 April 2024 38,053
At 30 April 2023 71,536

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 5,182 13,676
Other debtors 10,620 18,177
15,802 31,853

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,872 8,246
Hire purchase contracts 10,802 24,254
Trade creditors 18,414 38,235
Taxation and social security 7,741 4,025
Other creditors 275,719 288,543
323,548 363,303

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 12,974 34,604
Hire purchase contracts 23,336 22,761
36,310 57,365