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REGISTERED NUMBER: 10514831 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Rockatek Ltd

Rockatek Ltd (Registered number: 10514831)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Rockatek Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: J C Crowley
D B Crowley
D J Minett-Smith



REGISTERED OFFICE: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
GL3 3RS



REGISTERED NUMBER: 10514831 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Barclays Bank Plc
Business Direct
Leicester
LE87 2BB

Rockatek Ltd (Registered number: 10514831)

Statement of Financial Position
31 December 2024

31/12/24 31/12/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 97,997 121,222
97,997 121,222

CURRENT ASSETS
Debtors 6 401,252 449,963
Cash at bank 166,754 246,275
568,006 696,238
CREDITORS
Amounts falling due within one year 7 314,581 382,019
NET CURRENT ASSETS 253,425 314,219
TOTAL ASSETS LESS CURRENT
LIABILITIES

351,422

435,441

CREDITORS
Amounts falling due after more than one
year

8

(18,363

)

(51,615

)

PROVISIONS FOR LIABILITIES (24,499 ) (30,305 )
NET ASSETS 308,560 353,521

CAPITAL AND RESERVES
Called up share capital 90 90
Retained earnings 308,470 353,431
SHAREHOLDERS' FUNDS 308,560 353,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Rockatek Ltd (Registered number: 10514831)

Statement of Financial Position - continued
31 December 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 20 February 2025 and were signed on its behalf by:




D B Crowley - Director J C Crowley - Director




D J Minett-Smith - Director


Rockatek Ltd (Registered number: 10514831)

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


1. STATUTORY INFORMATION

Rockatek Ltd is 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

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

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 - 20% on reducing balance
Fixtures and fittings - 33% on cost
Computer equipment - Straight line over 3 years

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Rockatek Ltd (Registered number: 10514831)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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 11 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
Cost
At 1 January 2024
and 31 December 2024 10,530
Amortisation
At 1 January 2024
and 31 December 2024 10,530
Net book value
At 31 December 2024 -
At 31 December 2023 -

Rockatek Ltd (Registered number: 10514831)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 January 2024 177,160 3,239 16,487 196,886
Additions - 219 3,729 3,948
At 31 December 2024 177,160 3,458 20,216 200,834
Depreciation
At 1 January 2024 59,109 2,971 13,584 75,664
Charge for year 23,611 341 3,221 27,173
At 31 December 2024 82,720 3,312 16,805 102,837
Net book value
At 31 December 2024 94,440 146 3,411 97,997
At 31 December 2023 118,051 268 2,903 121,222

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
Cost
At 1 January 2024
and 31 December 2024 129,975
Depreciation
At 1 January 2024 25,995
Charge for year 20,796
At 31 December 2024 46,791
Net book value
At 31 December 2024 83,184
At 31 December 2023 103,980

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 363,607 409,503
Other debtors 37,645 40,460
401,252 449,963

Rockatek Ltd (Registered number: 10514831)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Hire purchase contracts (see note 9) 31,498 31,498
Trade creditors 95,340 61,272
Taxation and social security 158,222 139,622
Other creditors 29,521 149,627
314,581 382,019

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/24 31/12/23
£    £   
Hire purchase contracts (see note 9) 18,363 51,615

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31/12/24 31/12/23
£    £   
Net obligations repayable:
Within one year 31,498 31,498
Between one and five years 18,363 51,615
49,861 83,113

10. RELATED PARTY DISCLOSURES

Directors

At 31 December 2024, the directors were owed £25,081 (2023 - £132,481). The loans from the directors, included within other creditors, are interest free and repayable on demand.