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REGISTERED NUMBER: 01772895















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

ROTORSURE LIMITED

ROTORSURE LIMITED (REGISTERED NUMBER: 01772895)






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


ROTORSURE LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTORS: M J Gamble
Mrs S J Chatterjee
C M Walker





REGISTERED OFFICE: Kingfisher Works
Neepsend Lane
Sheffield
South Yorkshire
S3 8AU





REGISTERED NUMBER: 01772895





ACCOUNTANTS: Hodgson & Oldfield
Aizlewood's Mill
Nursery Street
Sheffield
S3 8GG

ROTORSURE LIMITED (REGISTERED NUMBER: 01772895)

BALANCE SHEET
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 401,086 401,665

CURRENT ASSETS
Debtors 5 53,876 52,380
Investments 6 200 200
Cash at bank and in hand 55,293 80,455
109,369 133,035
CREDITORS
Amounts falling due within one year 7 10,558 17,087
NET CURRENT ASSETS 98,811 115,948
TOTAL ASSETS LESS CURRENT
LIABILITIES

499,897

517,613

CREDITORS
Amounts falling due after more than one
year

8

(29,501

)

(27,504

)

PROVISIONS FOR LIABILITIES (13,000 ) (24,000 )
NET ASSETS 457,396 466,109

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 9 236,029 225,029
Retained earnings 221,365 241,078
SHAREHOLDERS' FUNDS 457,396 466,109

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.

ROTORSURE LIMITED (REGISTERED NUMBER: 01772895)

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 28 March 2025 and were signed on its behalf by:





M J Gamble - Director


ROTORSURE LIMITED (REGISTERED NUMBER: 01772895)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Rotorsure Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


Monetary amounts in these financial statements are rounded to the nearest £.

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 as modified by the revaluation of certain assets.

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.
Land and buildings - not provided (see policy note below)
Plant and machinery etc - 20% on cost

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.

ROTORSURE LIMITED (REGISTERED NUMBER: 01772895)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

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.

Freehold investment properties
In accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 " The Financial Reporting Standard applicable in the UK and Republic of Ireland " investment properties are revalued annually and the aggregate surplus or deficit after taxation is transferred to a fair value reserve. The Directors consider that this accounting policy results in the financial statements giving a true and fair view. Depreciation is only one of the many factors reflected in the annual valuation and the amount which might otherwise been shown cannot be separately identified or quantified.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 400,000 11,920 411,920
DEPRECIATION
At 1 July 2023 - 10,255 10,255
Charge for year - 579 579
At 30 June 2024 - 10,834 10,834
NET BOOK VALUE
At 30 June 2024 400,000 1,086 401,086
At 30 June 2023 400,000 1,665 401,665

Cost or valuation at 30 June 2024 is represented by:

Fixtures
Freehold and
property fittings Totals
£    £    £   
Valuation in 2024 249,029 - 249,029
Cost 150,971 11,920 162,891
400,000 11,920 411,920

ROTORSURE LIMITED (REGISTERED NUMBER: 01772895)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS - continued

If freehold investment properties had not been revalued they would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 150,971 150,971

Freehold investment properties were valued on an open market basis on 30 June 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 49,045 40,358
Other debtors 4,831 12,022
53,876 52,380

6. CURRENT ASSET INVESTMENTS
30.6.24 30.6.23
£    £   
Unlisted investments 200 200

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 1,624 8,892
Taxation and social security 348 280
Other creditors 8,586 7,915
10,558 17,087

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 29,501 27,504

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Loan from Trust 29,501 27,504

ROTORSURE LIMITED (REGISTERED NUMBER: 01772895)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

9. RESERVES
Fair
value
reserve
£   
At 1 July 2023 225,029
Movement on reserve 11,000

At 30 June 2024 236,029

10. ULTIMATE CONTROLLING PARTY

The whole of the ordinary share capital of Rotorsure Limited is owned by The Jean Susanna Walker Discretionary Trust, of which the directors are beneficiaries.