Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-302024-03-302023-11-01falseNo description of principal activity13635truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09141054 2023-11-01 2024-03-30 09141054 2022-11-01 2023-10-31 09141054 2024-03-30 09141054 2023-10-31 09141054 2022-11-01 09141054 c:Director1 2023-11-01 2024-03-30 09141054 d:Buildings d:LongLeaseholdAssets 2023-11-01 2024-03-30 09141054 d:Buildings d:LongLeaseholdAssets 2024-03-30 09141054 d:Buildings d:LongLeaseholdAssets 2023-10-31 09141054 d:PlantMachinery 2023-11-01 2024-03-30 09141054 d:PlantMachinery 2024-03-30 09141054 d:PlantMachinery 2023-10-31 09141054 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-11-01 2024-03-30 09141054 d:MotorVehicles 2023-11-01 2024-03-30 09141054 d:MotorVehicles 2024-03-30 09141054 d:MotorVehicles 2023-10-31 09141054 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-03-30 09141054 d:FurnitureFittings 2023-11-01 2024-03-30 09141054 d:FurnitureFittings 2024-03-30 09141054 d:FurnitureFittings 2023-10-31 09141054 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-03-30 09141054 d:ComputerEquipment 2023-11-01 2024-03-30 09141054 d:ComputerEquipment 2024-03-30 09141054 d:ComputerEquipment 2023-10-31 09141054 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-03-30 09141054 d:OwnedOrFreeholdAssets 2023-11-01 2024-03-30 09141054 d:CurrentFinancialInstruments 2024-03-30 09141054 d:CurrentFinancialInstruments 2023-10-31 09141054 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-30 09141054 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 09141054 d:ShareCapital 2024-03-30 09141054 d:ShareCapital 2023-10-31 09141054 d:ShareCapital 2022-11-01 09141054 d:RetainedEarningsAccumulatedLosses 2023-11-01 2024-03-30 09141054 d:RetainedEarningsAccumulatedLosses 2024-03-30 09141054 d:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 09141054 d:RetainedEarningsAccumulatedLosses 2023-10-31 09141054 d:RetainedEarningsAccumulatedLosses 2022-11-01 09141054 c:FRS102 2023-11-01 2024-03-30 09141054 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-03-30 09141054 c:FullAccounts 2023-11-01 2024-03-30 09141054 c:PrivateLimitedCompanyLtd 2023-11-01 2024-03-30 09141054 e:PoundSterling 2023-11-01 2024-03-30 iso4217:GBP xbrli:pure

Registered number: 09141054









ROTI KING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 MARCH 2024

 
ROTI KING LIMITED
REGISTERED NUMBER: 09141054

BALANCE SHEET
AS AT 30 MARCH 2024

30 March
31 October
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
756,533
401,776

  
756,533
401,776

Current assets
  

Stocks
  
51,000
51,000

Debtors: amounts falling due within one year
 5 
251,385
184,717

Cash at bank and in hand
 6 
98,827
12,166

  
401,212
247,883

Creditors: amounts falling due within one year
 7 
(2,026,473)
(1,183,900)

Net current liabilities
  
 
 
(1,625,261)
 
 
(936,017)

Total assets less current liabilities
  
(868,728)
(534,241)

  

Net liabilities
  
(868,728)
(534,241)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(868,730)
(534,243)

  
(868,728)
(534,241)


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 period 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: 


Page 1

 
ROTI KING LIMITED
REGISTERED NUMBER: 09141054
    
BALANCE SHEET (CONTINUED)
AS AT 30 MARCH 2024



................................................
Sugendran Gopalai
Director

Date: 20 March 2025

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 

 
ROTI KING LIMITED


 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 MARCH 2024



Called up share capital
Profit and loss account
Total equity


£
£
£



At 1 November 2022
2
57,648
57,650





Loss for the year
-
(591,891)
(591,891)





At 1 November 2023
2
(534,243)
(534,241)





Loss for the period
-
(334,487)
(334,487)



At 30 March 2024
2
(868,730)
(868,728)



The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
ROTI KING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MARCH 2024

1.


General information

ROTI KING LIMITED is a private company, limited by shares, registered in England and Wales,
registration number 09141054, registration address 40 Doric Way, London, England, NW1 1LH.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 4

 
ROTI KING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MARCH 2024

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.6

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.

 
2.7

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.

Page 5

 
ROTI KING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MARCH 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
20%
Plant and machinery
-
20%
Motor vehicles
-
20%
Fixtures and fittings
-
20%
Computer equipment
-
20%

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.

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

Page 6

 
ROTI KING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MARCH 2024

3.


Employees

The average monthly number of employees, including directors, during the period was 136 (2023 - 35).


4.


Tangible fixed assets







Long-term leasehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 November 2023
159,299
118,411
28,500
233,358
2,308
541,876


Additions
116,736
70,529
-
225,363
14,088
426,716



At 30 March 2024

276,035
188,940
28,500
458,721
16,396
968,592



Depreciation


At 1 November 2023
26,255
29,562
5,046
77,364
1,873
140,100


Charge for the period on owned assets
19,328
13,791
2,375
31,833
4,632
71,959



At 30 March 2024

45,583
43,353
7,421
109,197
6,505
212,059



Net book value



At 30 March 2024
230,452
145,587
21,079
349,524
9,891
756,533



At 31 October 2023
133,044
88,849
23,454
155,994
435
401,776


5.


Debtors

30 March
31 October
2024
2023
£
£


Trade debtors
148,307
86,929

Other debtors
44,719
81,628

Prepayments and accrued income
58,359
16,160

251,385
184,717


Page 7

 
ROTI KING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MARCH 2024

6.


Cash and cash equivalents

30 March
31 October
2024
2023
£
£

Cash at bank and in hand
98,827
12,166

98,827
12,166



7.


Creditors: Amounts falling due within one year

30 March
31 October
2024
2023
£
£

Bank loans
21,561
23,411

Trade creditors
450,667
739,203

Amounts owed to group undertakings
755,284
-

Other taxation and social security
300,716
189,185

Other creditors
168,322
48,350

Accruals and deferred income
329,923
183,751

2,026,473
1,183,900


 
Page 8