Company Registration No. 14106230 (England and Wales)
Roots & Branches Ltd
Unaudited accounts
for the year ended 31 May 2024
Roots & Branches Ltd
Unaudited accounts
Contents
Roots & Branches Ltd
Company Information
for the year ended 31 May 2024
Directors
Elizabeth Douglas
Kath Wynne-Jones
Elizabeth Douglas
Company Number
14106230 (England and Wales)
Registered Office
52 George Street
Horwich
Bolton
BL6 6BH
England
Roots & Branches Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
1,601
2,135
Cash at bank and in hand
1,075
3,815
Creditors: amounts falling due within one year
(9,295)
(8,450)
Net current liabilities
(8,220)
(4,635)
Net liabilities
(6,619)
(2,500)
Profit and loss account
(6,619)
(2,500)
Shareholders' funds
(6,619)
(2,500)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 12 February 2025 and were signed on its behalf by
Elizabeth Douglas
Director
Company Registration No. 14106230
Roots & Branches Ltd
Notes to the Accounts
for the year ended 31 May 2024
Roots & Branches Ltd is a private company, limited by shares, registered in England and Wales, registration number 14106230. The registered office is 52 George Street, Horwich, Bolton, BL6 6BH, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
33% reducing balance
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
1,068
2,000
3,068
At 31 May 2024
1,068
2,000
3,068
At 1 June 2023
267
666
933
Charge for the year
200
334
534
At 31 May 2024
467
1,000
1,467
At 31 May 2024
601
1,000
1,601
At 31 May 2023
801
1,334
2,135
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Creditors: amounts falling due within one year
2024
2023
Loans from directors
8,635
7,800
Roots & Branches Ltd
Notes to the Accounts
for the year ended 31 May 2024
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Transactions with related parties
The company owes a balance of £8,635 (2023 £7,800) to the director, Ms E Douglas
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Average number of employees
During the year the average number of employees was 2 (2023: 2).