Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-3018trueNo description of principal activity2023-10-01false22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05202193 2023-10-01 2024-09-30 05202193 2022-10-01 2023-09-30 05202193 2024-09-30 05202193 2023-09-30 05202193 c:Director1 2023-10-01 2024-09-30 05202193 d:PlantMachinery 2023-10-01 2024-09-30 05202193 d:PlantMachinery 2024-09-30 05202193 d:PlantMachinery 2023-09-30 05202193 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05202193 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 05202193 d:MotorVehicles 2023-10-01 2024-09-30 05202193 d:MotorVehicles 2024-09-30 05202193 d:MotorVehicles 2023-09-30 05202193 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05202193 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 05202193 d:FurnitureFittings 2023-10-01 2024-09-30 05202193 d:FurnitureFittings 2024-09-30 05202193 d:FurnitureFittings 2023-09-30 05202193 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05202193 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 05202193 d:OfficeEquipment 2023-10-01 2024-09-30 05202193 d:OfficeEquipment 2024-09-30 05202193 d:OfficeEquipment 2023-09-30 05202193 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05202193 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 05202193 d:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 05202193 d:OtherPropertyPlantEquipment 2024-09-30 05202193 d:OtherPropertyPlantEquipment 2023-09-30 05202193 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05202193 d:OtherPropertyPlantEquipment d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 05202193 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05202193 d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 05202193 d:Goodwill 2024-09-30 05202193 d:Goodwill 2023-09-30 05202193 d:CurrentFinancialInstruments 2024-09-30 05202193 d:CurrentFinancialInstruments 2023-09-30 05202193 d:Non-currentFinancialInstruments 2024-09-30 05202193 d:Non-currentFinancialInstruments 2023-09-30 05202193 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 05202193 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 05202193 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 05202193 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 05202193 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-30 05202193 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 05202193 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 05202193 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 05202193 d:ShareCapital 2024-09-30 05202193 d:ShareCapital 2023-09-30 05202193 d:RetainedEarningsAccumulatedLosses 2024-09-30 05202193 d:RetainedEarningsAccumulatedLosses 2023-09-30 05202193 c:OrdinaryShareClass1 2023-10-01 2024-09-30 05202193 c:OrdinaryShareClass1 2024-09-30 05202193 c:OrdinaryShareClass1 2023-09-30 05202193 c:FRS102 2023-10-01 2024-09-30 05202193 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05202193 c:FullAccounts 2023-10-01 2024-09-30 05202193 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05202193 2 2023-10-01 2024-09-30 05202193 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 05202193










ROSTONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
ROSTONS LIMITED
REGISTERED NUMBER: 05202193

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
37,449
61,158

  
37,449
61,158

Current assets
  

Work in progress
  
115,791
101,692

Debtors: amounts falling due within one year
 6 
192,695
287,642

Cash at bank and in hand
 7 
232,892
149,187

  
541,378
538,521

Creditors: amounts falling due within one year
 8 
(161,645)
(152,070)

Net current assets
  
 
 
379,733
 
 
386,451

Total assets less current liabilities
  
417,182
447,609

Creditors: amounts falling due after more than one year
 9 
(8,195)
(18,249)

Provisions for liabilities
  

Deferred tax
  
(8,481)
(6,251)

  
 
 
(8,481)
 
 
(6,251)

Net assets
  
400,506
423,109


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
400,504
423,107

  
400,506
423,109


Page 1

 
ROSTONS LIMITED
REGISTERED NUMBER: 05202193
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Anthony John Rimmer
Director

Date: 8 February 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
ROSTONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Rostons Limited os a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
ROSTONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
ROSTONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line and reducing balance basis..

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Reducing balance
Motor vehicles
-
25%
Reducing balance
Fixtures and fittings
-
25%
Reducing balance
Office equipment
-
20%
Straight line
Mobile telephones
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 5

 
ROSTONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 22 (2023 - 18).

Page 6

 
ROSTONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 October 2023
65,000



At 30 September 2024

65,000



Amortisation


At 1 October 2023
65,000



At 30 September 2024

65,000



Net book value



At 30 September 2024
-



At 30 September 2023
-



Page 7

 
ROSTONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Mobile phones
Total

£
£
£
£
£
£



Cost or valuation


At 1 October 2023
56,802
29,500
11,605
56,342
16,867
171,116


Additions
4,750
-
-
2,565
3,528
10,843


Disposals
-
(29,500)
-
-
-
(29,500)



At 30 September 2024

61,552
-
11,605
58,907
20,395
152,459



Depreciation


At 1 October 2023
36,622
11,011
7,423
43,648
11,253
109,957


Charge for the year
 on owned assets
6,232
-
1,045
4,925
3,862
16,064


Charge for the year
 on financed assets
-
(11,011)
-
-
-
(11,011)



At 30 September 2024

42,854
-
8,468
48,573
15,115
115,010



Net book value



At 30 September 2024
18,698
-
3,137
10,334
5,280
37,449



At 30 September 2023
20,180
18,489
4,182
12,693
5,614
61,158

Page 8

 
ROSTONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
149,759
165,057

Amounts owed by group undertakings
-
48,995

Other debtors
23,761
54,789

Prepayments and accrued income
19,175
18,801

192,695
287,642



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
232,892
149,187

232,892
149,187



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
21,198
30,357

Amounts owed to group undertakings
58,405
-

Taxation and social security
61,898
71,810

Other creditors
6,893
5,479

Accruals and deferred income
3,251
34,424

161,645
152,070



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
8,195
18,249

8,195
18,249


Page 9

 
ROSTONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
8,195
10,000


8,195
10,000

Amounts falling due 2-5 years

Bank loans
-
8,249


-
8,249


18,195
28,249



11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2


 
Page 10