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COMPANY REGISTRATION NUMBER: 00772819
Rodent Service (East Anglia) Limited
Financial statements
31 March 2024
Rodent Service (East Anglia) Limited
Director's responsibilities statement
Year ended 31 March 2024
The director is responsible for preparing the director's report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the director is required to: - select suitable accounting policies and then apply them consistently; - make judgements and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Rodent Service (East Anglia) Limited
Statement of financial position
31 March 2024
2024
2023
(restated)
Note
£
£
£
£
Fixed assets
Tangible assets
6
38,483
Current assets
Stocks
19,849
Debtors
7
431,763
379,787
Cash at bank and in hand
126,481
393,316
---------
---------
558,244
792,952
Creditors: Amounts falling due within one year
8
( 81,291)
( 210,331)
---------
---------
Net current assets
476,953
582,621
---------
---------
Total assets less current liabilities
476,953
621,104
Provisions
Taxation including deferred tax
( 21,072)
---------
---------
Net assets
476,953
600,032
---------
---------
Capital and reserves
Called up share capital
900
900
Profit and loss account
476,053
599,132
---------
---------
Shareholders funds
476,953
600,032
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 14 July 2025 , and are signed on behalf of the board by:
Mr E P Haynes
Director
Company registration number: 00772819
Rodent Service (East Anglia) Limited
Notes to the financial statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Olympus Park 2 Olympus Park, Quedgeley, Gloucester, GL2 4DH, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The directors of the company intend to liquidate the company and therefore the financial statements have been prepared on a basis other than the going concern basis. The basis includes, where applicable, writing the company's assets down to net realisable value.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for pest control goods supplied and pest control services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measure reliably.
Income tax
Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
10% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
15% straight line
Fixtures and fittings
-
15% straight line
Motor vehicles
-
20% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
The company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
4. Employee numbers
The average number of employees during the year was 15 (2023: 18 ).
5. Intangible assets
Goodwill
£
Cost
At 1 April 2023 (as restated)
7,000
Additions
Disposals
( 7,000)
------
At 31 March 2024
------
Amortisation
At 1 April 2023
7,000
Charge for the year
Disposals
( 7,000)
------
At 31 March 2024
------
Carrying amount
At 31 March 2024
------
At 31 March 2023
------
6. Tangible assets
Plant and machinery
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 April 2023 (as restated)
2,541
1,494
147,766
151,801
Disposals
( 2,541)
( 1,494)
( 147,766)
( 151,801)
------
------
---------
---------
At 31 March 2024
------
------
---------
---------
Depreciation
At 1 April 2023
2,256
1,213
109,849
113,318
Charge for the year
150
169
12,627
12,946
Disposals
( 2,406)
( 1,382)
( 122,476)
( 126,264)
------
------
---------
---------
At 31 March 2024
------
------
---------
---------
Carrying amount
At 31 March 2024
------
------
---------
---------
At 31 March 2023
285
281
37,917
38,483
------
------
---------
---------
7. Debtors
2024
2023
(restated)
£
£
Trade debtors
19,341
84,923
Amounts owed by group undertakings
411,822
Prepayments and accrued income
40,943
Director's loan account
2,980
Other debtors
600
250,941
---------
---------
431,763
379,787
---------
---------
8. Creditors: Amounts falling due within one year
2024
2023
(restated)
£
£
Trade creditors
4,281
34,849
Accruals and deferred income
25,000
67,179
Corporation tax
42,666
59,447
Social security and other taxes
9,344
48,856
-------
---------
81,291
210,331
-------
---------
9. Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
10. Prior period errors
The prior year adjustment relates to cut off errors identified on revenue. The impact of these errors is detailed below.
Increase to accrued income 11,345
Decrease to deferred income 44,837
Total increase to revenue 56,182
Increase to corporation tax charge 10,674
11. Summary audit opinion
The auditor's report for the year ended 31 March 2024 was qualified with an emphasis of matter and other matter paragragh.
Basis for qualified opinion
We have been unable to obtain sufficient appropriate evidence regarding the existence of stock at 31 March 2023 as we did not attend the stock take at the year end
.
Emphasis of matter - financial statements prepared on a basis other than going concern
We draw attention to Note 3 in the financial statements which explains that the directors intend to liquidate the company and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than that of the going concern basis. Our opinion is not modified in respect of this matter.
Other matter
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies and therefore no audit was performed. Additional work was carried out during the audit of the financial statements for the year ended 31 March 2024 in order to gain sufficient evidence that the opening balances are free from material error, with the exception of stock, as referred to in the 'Basis for qualified opinion' paragraph above.
The senior statutory auditor was Gary Flatt FCA, for and on behalf of Lovewell Blake LLP.
The audit report was dated 15 July 2025 .
12. Director's advances, credits and guarantees
During the year the directors operated a loan account with the company, at the period end the balance owed by the directors was £Nil (2023: £7,512). Beneficial loan interest of £Nil (2023: £577) was charged on the loans at the H M Revenue & Customs standard rate.
13. Controlling party
During the year, there was no controlling party. From 18 May 2023, the immediate parent company is Vergo Pest Management Limited, an entity registered in England and Wales. The ultimate parent company is Norvestor VII Capital SCSp, a Luxembourg special limited partnership, the general partner of which is Novestor Capital Partners (GP) S.a.r.l. Novestor Capital Partners (GP) S.a.r.l is owned by the personal and wholly owned investment companies of Trond Bjørnøy and Lars Abrahamsen Grinde (Hevregalden AS and Torvind AS respectively). The largest and smallest group undertakings for which group accounts are prepared is Tyro Bidco AS whose registered address is Secretary at C/o Pelias Norsk, Martensvegen 59, Elevrum, Norway.