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REGISTERED NUMBER: 10312961 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

ROUNDHOUSE FINANCIAL SERVICES (LONDON)
LIMITED

ROUNDHOUSE FINANCIAL SERVICES (LONDON)
LIMITED (REGISTERED NUMBER: 10312961)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROUNDHOUSE FINANCIAL SERVICES (LONDON)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mr R Cresswell
Mr L J McKenna
Ms J Magni
Mr G F Ball





REGISTERED OFFICE: S2 Mill House Centre
108 Commercial Road
Totton
Southampton
Hampshire
SO40 3AE





REGISTERED NUMBER: 10312961 (England and Wales)





ACCOUNTANTS: TBW Accountancy Limited
S2 Mill House Centre
108 Commercial Road
Totton
Southampton
Hampshire
SO40 3AE

ROUNDHOUSE FINANCIAL SERVICES (LONDON)
LIMITED (REGISTERED NUMBER: 10312961)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,157 26,510

CURRENT ASSETS
Debtors 5 201,861 206,598
Cash at bank and in hand 1,008,276 356,530
1,210,137 563,128
CREDITORS
Amounts falling due within one year 6 1,040,818 264,300
NET CURRENT ASSETS 169,319 298,828
TOTAL ASSETS LESS CURRENT
LIABILITIES

195,476

325,338

PROVISIONS FOR LIABILITIES 5,030 5,108
NET ASSETS 190,446 320,230

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 189,446 319,230
SHAREHOLDERS' FUNDS 190,446 320,230

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

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

ROUNDHOUSE FINANCIAL SERVICES (LONDON)
LIMITED (REGISTERED NUMBER: 10312961)

BALANCE SHEET - continued
31 AUGUST 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 1 April 2025 and were signed on its behalf by:





Mr R Cresswell - Director


ROUNDHOUSE FINANCIAL SERVICES (LONDON)
LIMITED (REGISTERED NUMBER: 10312961)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Roundhouse Financial Services (London) Limited 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.

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

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.

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 13 (2023 - 14 ) .

ROUNDHOUSE FINANCIAL SERVICES (LONDON)
LIMITED (REGISTERED NUMBER: 10312961)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Legal and
Costs fittings Totals
£    £    £   
COST
At 1 September 2023 5,851 45,378 51,229
Additions - 3,231 3,231
At 31 August 2024 5,851 48,609 54,460
DEPRECIATION
At 1 September 2023 - 24,719 24,719
Charge for year - 3,584 3,584
At 31 August 2024 - 28,303 28,303
NET BOOK VALUE
At 31 August 2024 5,851 20,306 26,157
At 31 August 2023 5,851 20,659 26,510

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 100,628 53,616
Other debtors 1,878 51,436
Directors' current accounts - 18,431
Prepayments 99,355 83,115
201,861 206,598

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 64
Tax 227,668 130,431
Social security and other taxes - 26,942
Other creditors 800,264 264
Directors' current accounts 934 462
Accruals and deferred income 11,952 106,137
1,040,818 264,300

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 53,834 65,610
Between one and five years 8,634 46,927
62,468 112,537

ROUNDHOUSE FINANCIAL SERVICES (LONDON)
LIMITED (REGISTERED NUMBER: 10312961)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
Mr R Cresswell
Balance outstanding at start of year 18,431 (564 )
Amounts advanced 1,097 18,995
Amounts repaid (20,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (472 ) 18,431

9. ULTIMATE CONTROLLING PARTY

The controlling party is the directors of the company.

The ultimate controlling party is the trustees of The Roundhouse Employee Ownership Trust.