2 01/05/2023 30/04/2024 2024-04-30 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-05-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 06182972 2023-05-01 2024-04-30 06182972 2024-04-30 06182972 2023-04-30 06182972 2022-05-01 2023-04-30 06182972 2023-04-30 06182972 2022-04-30 06182972 core:PlantMachinery 2023-05-01 2024-04-30 06182972 bus:RegisteredOffice 2023-05-01 2024-04-30 06182972 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 06182972 bus:LeadAgentIfApplicable 2023-05-01 2024-04-30 06182972 bus:Director1 2023-05-01 2024-04-30 06182972 bus:CompanySecretary1 2023-05-01 2024-04-30 06182972 core:WithinOneYear 2024-04-30 06182972 core:WithinOneYear 2023-04-30 06182972 core:AfterOneYear 2024-04-30 06182972 core:ShareCapital 2024-04-30 06182972 core:ShareCapital 2023-04-30 06182972 core:RetainedEarningsAccumulatedLosses 2024-04-30 06182972 core:RetainedEarningsAccumulatedLosses 2023-04-30 06182972 bus:OrdinaryShareClass1 core:ShareCapital 2024-04-30 06182972 bus:OrdinaryShareClass1 core:ShareCapital 2023-04-30 06182972 bus:SmallEntities 2023-05-01 2024-04-30 06182972 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 06182972 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 06182972 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06182972 bus:AbridgedAccounts 2023-05-01 2024-04-30 06182972 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-04-30 06182972 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-04-30
Company registration number: 06182972
Rock & Booze Limited
Unaudited filleted abridged financial statements
30 April 2024
Rock & Booze Limited
Contents
Directors and other information
Abridged statement of financial position
Notes to the financial statements
Rock & Booze Limited
Directors and other information
Director Mr D Collins
Secretary Mrs C Collins
Company number 06182972
Registered office Lydford Road
Alfreton
Derbyshire
DE55 7RQ
Bankers NatWest
19 Dale Road
Matlock
Derbyshire
DE4 3YA
Rock & Booze Limited
Abridged statement of financial position
30 April 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 53,502 29,438
_______ _______
53,502 29,438
Current assets
Stocks 15,756 14,677
Debtors 6,131 -
Cash at bank and in hand 358,533 244,221
_______ _______
380,420 258,898
Creditors: amounts falling due
within one year ( 252,955) ( 167,917)
_______ _______
Net current assets 127,465 90,981
_______ _______
Total assets less current liabilities 180,967 120,419
Creditors: amounts falling due
after more than one year ( 9,728) -
Provisions for liabilities ( 13,375) ( 5,593)
_______ _______
Net assets 157,864 114,826
_______ _______
Capital and reserves
Called up share capital 6 100 100
Profit and loss account 157,764 114,726
_______ _______
Shareholders funds 157,864 114,826
_______ _______
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the current year ending 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 27 January 2025 , and are signed on behalf of the board by:
Mr D Collins
Director
Company registration number: 06182972
Rock & Booze Limited
Notes to the financial statements
Year ended 30 April 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is Rock & Booze Limited, Lydford Road, Alfreton, Derbyshire, DE55 7RQ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
The turnover shown in the profit and loss represents amounts earned during the year, exclusive of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 1 ).
5. Tangible assets
£
Cost
At 1 May 2023 50,594
Additions 41,897
_______
At 30 April 2024 92,491
_______
Depreciation
At 1 May 2023 21,156
Charge for the year 17,833
_______
At 30 April 2024 38,989
_______
Carrying amount
At 30 April 2024 53,502
_______
At 30 April 2023 29,438
_______
6. Called up share capital
Issued, called up and fully paid
2024 2023
No £ No £
Ordinary shares shares of £ 1.00 each 100 100 100 100
_______ _______ _______ _______
7. Operating leases
The company as lessee
The total future minimum lease payments under non-cancellable operating leases are as follows:
£ £
Not later than 1 year 1,032 6,892
_______ _______
8. Related party transactions
During the year the company entered into the following transactions with related parties:
Transaction value Balance owed by/(owed to)
2024 2023 2024 2023
£ £ £ £
Entities under common control ( 225,050) ( 127,407) ( 225,050) ( 127,407)
_______ _______ _______ _______
All outstanding balances with related parties are unsecured, interest free, and payable on demand.
9. Secured liabilities
The aggregate amount of secured liabilities, secured on the assets of the company at the year end were £16,594 (2023 £0.00)