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REGISTERED NUMBER: 04648787 (England and Wales)















ROTARY ENGINEERING UK LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2025






ROTARY ENGINEERING UK LIMITED (REGISTERED NUMBER: 04648787)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ROTARY ENGINEERING UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: R Fennell
S B Swallow
I G Walker
J Green



SECRETARY: R Fennell



REGISTERED OFFICE: Finestra Building
Old Lane
Halfway
Sheffield
South Yorkshire
S20 3GZ



REGISTERED NUMBER: 04648787 (England and Wales)



BANKERS: The Royal Bank of Scotland
Church Street Branch
5 Church Street
Sheffield
South Yorkshire
S1 1HF

ROTARY ENGINEERING UK LIMITED (REGISTERED NUMBER: 04648787)

ABRIDGED BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,929 7,950
Tangible assets 5 41,935 49,817
44,864 57,767

CURRENT ASSETS
Stocks 43,948 43,462
Debtors 788,103 760,460
Cash at bank and in hand 546,154 462,647
1,378,205 1,266,569
CREDITORS
Amounts falling due within one year 933,183 664,933
NET CURRENT ASSETS 445,022 601,636
TOTAL ASSETS LESS CURRENT
LIABILITIES

489,886

659,403

CREDITORS
Amounts falling due after more than one
year

(6,772

)

(25,249

)

PROVISIONS FOR LIABILITIES (9,931 ) (12,314 )
NET ASSETS 473,183 621,840

CAPITAL AND RESERVES
Called up share capital 80,000 80,000
Retained earnings 393,183 541,840
SHAREHOLDERS' FUNDS 473,183 621,840

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

ROTARY ENGINEERING UK LIMITED (REGISTERED NUMBER: 04648787)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2025


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 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:





S B Swallow - Director


ROTARY ENGINEERING UK LIMITED (REGISTERED NUMBER: 04648787)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Rotary Engineering UK 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 as modified by the revaluation of certain assets.

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 net invoiced sales of goods and services, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life once development is complete.

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.
Plant and machinery etc - 10% - 33% on cost

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 Profit and Loss Account, 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.

ROTARY ENGINEERING UK LIMITED (REGISTERED NUMBER: 04648787)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


2. ACCOUNTING POLICIES - continued

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.

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 18 (2024 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2024
and 31 January 2025 15,063
AMORTISATION
At 1 February 2024 7,113
Amortisation for year 5,021
At 31 January 2025 12,134
NET BOOK VALUE

At 31 January 2025 2,929
At 31 January 2024 7,950

ROTARY ENGINEERING UK LIMITED (REGISTERED NUMBER: 04648787)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


5. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 February 2024 286,068
Additions 10,107
Disposals (2,590 )
At 31 January 2025 293,585
DEPRECIATION
At 1 February 2024 236,251
Charge for year 17,244
Eliminated on disposal (1,845 )
At 31 January 2025 251,650
NET BOOK VALUE
At 31 January 2025 41,935
At 31 January 2024 49,817


Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST OR VALUATION
At 1 February 2024
and 31 January 2025 9,520
DEPRECIATION
At 1 February 2024 793
Charge for year 2,380
At 31 January 2025 3,173
NET BOOK VALUE
At 31 January 2025 6,347
At 31 January 2024 8,727

6. ULTIMATE CONTROLLING PARTY

The company's issued share capital is majority owned by the ultimate parent company, Rotary Holdings Limited, a company registered in England and Wales

The ultimate controlling party are the directors of Rotary Holdings Limited by virtue of holding interest in 100% of the ordinary share capital in Rotary Engineering Limited.