IRIS Accounts Production v25.1.3.33 01827006 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh018270062023-12-31018270062024-12-31018270062024-01-012024-12-31018270062022-12-31018270062023-01-012023-12-31018270062023-12-3101827006ns15:EnglandWales2024-01-012024-12-3101827006ns14:PoundSterling2024-01-012024-12-3101827006ns10:Director12024-01-012024-12-3101827006ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3101827006ns10:SmallEntities2024-01-012024-12-3101827006ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3101827006ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3101827006ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3101827006ns10:AbridgedAccounts2024-01-012024-12-3101827006ns10:Director22024-01-012024-12-3101827006ns10:Director32024-01-012024-12-3101827006ns10:RegisteredOffice2024-01-012024-12-3101827006ns5:CurrentFinancialInstruments2024-12-3101827006ns5:CurrentFinancialInstruments2023-12-3101827006ns5:ShareCapital2024-12-3101827006ns5:ShareCapital2023-12-3101827006ns5:RetainedEarningsAccumulatedLosses2024-12-3101827006ns5:RetainedEarningsAccumulatedLosses2023-12-31
REGISTERED NUMBER: 01827006 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ROTAFIX (NORTHERN) LIMITED

ROTAFIX (NORTHERN) LIMITED (REGISTERED NUMBER: 01827006)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


ROTAFIX (NORTHERN) LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2024







DIRECTORS: J R Salvage
D N Sharpe
D Woodard





REGISTERED OFFICE: Rotafix House
Hennoyadd Road
Abercrave
Swansea
SA9 1UR





REGISTERED NUMBER: 01827006 (England and Wales)

ROTAFIX (NORTHERN) LIMITED (REGISTERED NUMBER: 01827006)

ABRIDGED BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 92,904 94,728

CURRENT ASSETS
Stocks 26,451 38,889
Debtors 40,299 74,957
Cash at bank 7,474 23,084
74,224 136,930
CREDITORS
Amounts falling due within one year 68,042 35,985
NET CURRENT ASSETS 6,182 100,945
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,086

195,673

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 99,084 195,671
99,086 195,673

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2025 and were signed on its behalf by:





D N Sharpe - Director


ROTAFIX (NORTHERN) LIMITED (REGISTERED NUMBER: 01827006)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024


1. STATUTORY INFORMATION

Rotafix (Northern) 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents the sale of structural adhesives, grouts, fillers and ancillary products, excluding value added tax, during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Freehold property-N/A
Motor vehicles-25% straight line

Stocks
Stocks are stated at the lower of cost and estimated selling price, less costs to complete and sell. Cost includes all costs of purchase, including costs to bring stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable are charged to the profit and loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

ROTAFIX (NORTHERN) LIMITED (REGISTERED NUMBER: 01827006)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 319,871
DEPRECIATION
At 1 January 2024 225,143
Charge for year 1,824
At 31 December 2024 226,967
NET BOOK VALUE
At 31 December 2024 92,904
At 31 December 2023 94,728

5. RELATED PARTY DISCLOSURES

During the year ended 31 December 2024, Rotafix (Northern) Limited entered into the following transactions with related undertakings:


Outstanding Balance Management Charges
B/Fwd C/Fwd 2023 2024

Medsa Group 32,607 (33,054 ) 47,500 126,370
32,607 (33,054 ) 47,500 126,370