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Registered number: 15625726









RUDE GIANT (TRO) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2024

 
RUDE GIANT (TRO) LIMITED
REGISTERED NUMBER: 15625726

BALANCE SHEET
AS AT 31 OCTOBER 2024

31 October 2024
Note
£

Fixed assets
  

Tangible assets
 4 
831

  
831

Current assets
  

Stocks
 5 
5,500

Debtors: amounts falling due within one year
 6 
9,539

Cash at bank and in hand
 7 
7,529

  
22,568

Creditors: amounts falling due within one year
 8 
(34,704)

Net current (liabilities)/assets
  
 
 
(12,136)

Total assets less current liabilities
  
(11,305)

  

Net (liabilities)/assets
  
(11,305)


Capital and reserves
  

Called up share capital 
 9 
1,000

Profit and loss account
  
(12,305)

  
(11,305)


Page 1

 
RUDE GIANT (TRO) LIMITED
REGISTERED NUMBER: 15625726
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 July 2025.




................................................
Ethan Davids
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
RUDE GIANT (TRO) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

1.


General information

Rude Giant (TRO) Limited is a private company limited by shares, incorporated in England and Wales on 08 April 2024. The principal activity throughout the period was bar and restaurant. The Company's accounting period was shortened from 30 April 2025 to 31 October 2024. The Company started trading on 01 May 2024.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts have been prepared on a going concern basis. This assumes the continuing support of its directors, which they have pledged for the foreseeable future.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
RUDE GIANT (TRO) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
RUDE GIANT (TRO) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

3.


Employees

Period 31 October 2024
£

Wages and salaries
29,110

Social security costs
2,043

Cost of defined contribution scheme
265

31,418


The average monthly number of employees, including directors, during the period was 5.


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
1,240



At 31 October 2024

1,240



Depreciation


Charge for the period on owned assets
409



At 31 October 2024

409



Net book value



At 31 October 2024
831

Page 5

 
RUDE GIANT (TRO) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

5.


Stocks

Period 31 October 2024
£

Finished goods and goods for resale
5,500

5,500



6.


Debtors

Period 31 October 2024
£


Amounts owed by related companies
2,835

Other debtors
4,034

Called up share capital not paid
1,000

Prepayments and accrued income
1,670

9,539



7.


Cash and cash equivalents

Period 31 October 2024
£

Cash at bank and in hand
7,529

7,529


Page 6

 
RUDE GIANT (TRO) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

8.


Creditors: Amounts falling due within one year

Period 31 October 2024
£

Trade creditors
7,624

Amounts owed to related companies
11,782

Other taxation and social security
1,307

Other creditors
12,341

Accruals and deferred income
1,650

34,704



9.


Share capital

Period 31 October 2024
£
Allotted, called up and fully paid


100,000 Ordinary shares of £0.01 each
1,000


Upon incorporation 100 Ord £1 shares were issued at par. During the year 100 Ord £1 shares were converted into 10,000 Ordinary £0.01 shares and additional 90,000 Ordinary £0.01 shares were issued.


10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £265. Contributions totalling £233 were payable to the fund at the balance sheet date.


11.


Controlling party

There is no overal controlling party.

 
Page 7