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REGISTERED NUMBER: SC603453 (Scotland)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Rodlak Limited

Rodlak Limited (Registered number: SC603453)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rodlak Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Miss G M Spella
Sun First GB Ltd
Mrs S C Jess





SECRETARY: Mrs S C Jess





REGISTERED OFFICE: 5 Falconer Street
PORT GLASGOW
Renfrewshire
PA14 5EJ





REGISTERED NUMBER: SC603453 (Scotland)





ACCOUNTANTS: The Kelvin Partnership Ltd
Chartered Accountants
The Cooper Building
505 Great Western Road
Glasgow
G12 8HN

Rodlak Limited (Registered number: SC603453)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,971 31,859

CURRENT ASSETS
Stocks 24,135 24,135
Debtors 5 411,490 843,608
Cash at bank and in hand 695,817 690,795
1,131,442 1,558,538
CREDITORS
Amounts falling due within one year 6 662,710 1,025,475
NET CURRENT ASSETS 468,732 533,063
TOTAL ASSETS LESS CURRENT
LIABILITIES

490,703

564,922

CREDITORS
Amounts falling due after more than one
year

7

98,000

182,000
NET ASSETS 392,703 382,922

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 391,703 381,922
392,703 382,922

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Rodlak Limited (Registered number: SC603453)

Balance Sheet - continued
30 June 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 17 March 2025 and were signed on its behalf by:





Miss G M Spella - Director


Rodlak Limited (Registered number: SC603453)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Rodlak Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Rodlak Limited (Registered number: SC603453)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

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 174 (2023 - 224 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 14,727 3,381 22,690 35,600 76,398
Additions - 2,166 1,947 2,595 6,708
At 30 June 2024 14,727 5,547 24,637 38,195 83,106
DEPRECIATION
At 1 July 2023 7,734 1,690 11,157 23,958 44,539
Charge for year 2,332 1,387 5,225 7,652 16,596
At 30 June 2024 10,066 3,077 16,382 31,610 61,135
NET BOOK VALUE
At 30 June 2024 4,661 2,470 8,255 6,585 21,971
At 30 June 2023 6,993 1,691 11,533 11,642 31,859

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 25,933 2,576
Other debtors 385,557 841,032
411,490 843,608

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 84,000 84,000
Trade creditors 52,137 672,580
Taxation and social security 122,553 106,263
Other creditors 404,020 162,632
662,710 1,025,475

Rodlak Limited (Registered number: SC603453)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 98,000 182,000