IRIS Accounts Production v24.3.2.46 SC673061 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary A Shares 1.00000 Ordinary B Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6730612023-09-30SC6730612024-09-30SC6730612023-10-012024-09-30SC6730612022-09-30SC6730612022-10-012023-09-30SC6730612023-09-30SC673061ns15:Scotland2023-10-012024-09-30SC673061ns14:PoundSterling2023-10-012024-09-30SC673061ns10:Director12023-10-012024-09-30SC673061ns10:PrivateLimitedCompanyLtd2023-10-012024-09-30SC673061ns10:SmallEntities2023-10-012024-09-30SC673061ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-30SC673061ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-30SC673061ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-30SC673061ns10:FullAccounts2023-10-012024-09-30SC673061ns10:OrdinaryShareClass12023-10-012024-09-30SC673061ns10:OrdinaryShareClass22023-10-012024-09-30SC673061ns10:Director22023-10-012024-09-30SC673061ns10:RegisteredOffice2023-10-012024-09-30SC673061ns5:CurrentFinancialInstruments2024-09-30SC673061ns5:CurrentFinancialInstruments2023-09-30SC673061ns5:Non-currentFinancialInstruments2024-09-30SC673061ns5:Non-currentFinancialInstruments2023-09-30SC673061ns5:ShareCapital2024-09-30SC673061ns5:ShareCapital2023-09-30SC673061ns5:RetainedEarningsAccumulatedLosses2024-09-30SC673061ns5:RetainedEarningsAccumulatedLosses2023-09-30SC67306112023-10-012024-09-30SC673061ns5:PlantMachinery2023-09-30SC673061ns5:FurnitureFittings2023-09-30SC673061ns5:MotorVehicles2023-09-30SC673061ns5:ComputerEquipment2023-09-30SC673061ns5:PlantMachinery2023-10-012024-09-30SC673061ns5:FurnitureFittings2023-10-012024-09-30SC673061ns5:MotorVehicles2023-10-012024-09-30SC673061ns5:ComputerEquipment2023-10-012024-09-30SC673061ns5:PlantMachinery2024-09-30SC673061ns5:FurnitureFittings2024-09-30SC673061ns5:MotorVehicles2024-09-30SC673061ns5:ComputerEquipment2024-09-30SC673061ns5:PlantMachinery2023-09-30SC673061ns5:FurnitureFittings2023-09-30SC673061ns5:MotorVehicles2023-09-30SC673061ns5:ComputerEquipment2023-09-30SC673061ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-30SC673061ns5:LeasedAssetsHeldAsLesseens5:ComputerEquipment2023-09-30SC673061ns5:LeasedAssetsHeldAsLessee2023-09-30SC673061ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-10-012024-09-30SC673061ns5:LeasedAssetsHeldAsLesseens5:ComputerEquipment2023-10-012024-09-30SC673061ns5:LeasedAssetsHeldAsLessee2023-10-012024-09-30SC673061ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-09-30SC673061ns5:LeasedAssetsHeldAsLesseens5:ComputerEquipment2024-09-30SC673061ns5:LeasedAssetsHeldAsLessee2024-09-30SC673061ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-30SC673061ns5:LeasedAssetsHeldAsLesseens5:ComputerEquipment2023-09-30SC673061ns5:LeasedAssetsHeldAsLessee2023-09-30SC673061ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-30SC673061ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30SC673061ns10:OrdinaryShareClass12024-09-30SC673061ns10:OrdinaryShareClass22024-09-30SC673061ns5:RetainedEarningsAccumulatedLosses2023-09-30SC673061ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30
REGISTERED NUMBER: SC673061 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

ROXX FLOORING LTD

ROXX FLOORING LTD (REGISTERED NUMBER: SC673061)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ROXX FLOORING LTD

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTORS: Mrs V Bryan
Mr P Bryan





REGISTERED OFFICE: 6 Miller Road
Ayr
KA7 2AY





REGISTERED NUMBER: SC673061 (Scotland)





ACCOUNTANTS: K M Stewart & Company
6 Miller Road
Ayr
KA7 2AY

ROXX FLOORING LTD (REGISTERED NUMBER: SC673061)

STATEMENT OF FINANCIAL POSITION
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 113,600 123,414

CURRENT ASSETS
Stocks 20,946 18,814
Debtors 5 156,919 92,276
Cash at bank 332,497 344,834
510,362 455,924
CREDITORS
Amounts falling due within one year 6 211,981 180,892
NET CURRENT ASSETS 298,381 275,032
TOTAL ASSETS LESS CURRENT
LIABILITIES

411,981

398,446

CREDITORS
Amounts falling due after more than one
year

7

(11,736

)

(26,400

)

PROVISIONS FOR LIABILITIES (27,208 ) (25,794 )
NET ASSETS 373,037 346,252

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 372,937 346,152
SHAREHOLDERS' FUNDS 373,037 346,252

ROXX FLOORING LTD (REGISTERED NUMBER: SC673061)

STATEMENT OF FINANCIAL POSITION - continued
30 September 2024


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

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

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 2 April 2025 and were signed on its behalf by:





Mr P Bryan - Director


ROXX FLOORING LTD (REGISTERED NUMBER: SC673061)

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

1. STATUTORY INFORMATION

ROXX Flooring Ltd 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.

Functional currency
The financial statements are presented in British Pounds Sterling which is the functional currency. Figures are shown to the nearest whole pound.

Significant judgements and estimates
The preparation of financial statements requires the use of certain accounting estimates. It also requires the Directors to exercise judgement in applying the Companies Accounting policies. The areas requiring a higher degree of judgement or complexity and areas where assumptions or estimates are most significant to the financial statements are disclosed below:

Change in reporting period and impact on comparability
The financial statements for the current year are from 01 October 2021 to 30 September 2022. The comparative amounts (including the related notes) presented in the financial statements are for the period 03 September 2020 to 30 September 2021and therefore not entirely comparable.

Estimation uncertainty
Useful life of properties, plant and equipment:
The company assesses the useful life of its properties, plant and equipment and estimates the annual charge to be depreciated based on this.

Recoverability of Debtors
The Company assesses the recoverability of Debtors on an individual basis, taking into consideration payment history, and perceived liquidity. Where it is considered that there is a higher than normal risk to the recoverability of these, provision is made against the recoverability of these debts.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Computer equipment - 33.33% on cost
Plant & Machinery - 10% on cost
Fixtures & fittings - 10% on cost
Motor Vehicle - 25% on reducing balance

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

ROXX FLOORING LTD (REGISTERED NUMBER: SC673061)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
Classification
The Company believes all financial instruments are Basic Financial Instruments. Therefore, the Company recognizes these in accordance with Section 11 of the Financial Reporting Standard.

Recognition and measurement
The company's debt instruments are measured at amortized cost using the effective interest rate method.

Impairment
Financial instruments are reviewed annually for impairment.

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.

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 10 (2023 - 7 ) .

ROXX FLOORING LTD (REGISTERED NUMBER: SC673061)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 7,005 9,274 151,824 4,292 172,395
Additions 21,578 - - 1,266 22,844
At 30 September 2024 28,583 9,274 151,824 5,558 195,239
DEPRECIATION
At 1 October 2023 1,546 2,033 43,421 1,981 48,981
Charge for year 2,859 927 27,101 1,771 32,658
At 30 September 2024 4,405 2,960 70,522 3,752 81,639
NET BOOK VALUE
At 30 September 2024 24,178 6,314 81,302 1,806 113,600
At 30 September 2023 5,459 7,241 108,403 2,311 123,414

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 111,177 - 111,177
Additions - 999 999
At 30 September 2024 111,177 999 112,176
DEPRECIATION
At 1 October 2023 34,953 - 34,953
Charge for year 19,056 333 19,389
At 30 September 2024 54,009 333 54,342
NET BOOK VALUE
At 30 September 2024 57,168 666 57,834
At 30 September 2023 76,224 - 76,224

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 147,414 82,187
Other debtors 9,505 10,089
156,919 92,276

ROXX FLOORING LTD (REGISTERED NUMBER: SC673061)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 15,130 16,795
Trade creditors 35,341 58,603
Taxation and social security 99,061 65,279
Other creditors 62,449 40,215
211,981 180,892

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 11,736 26,400

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
75 Ordinary A Shares £1 75 75
25 Ordinary B Shares £1 25 25
100 100

9. RESERVES
Retained
earnings
£   

At 1 October 2023 346,152
Profit for the year 91,785
Dividends (65,000 )
At 30 September 2024 372,937