0
false
false
false
false
false
false
false
false
false
false
true
false
false
false
false
false
false
No description of principal activity
2023-12-01
Sage Accounts Production Advanced 2024 - FRS102_2024
1,650,405
1,000,000
650,405
650,405
xbrli:pure
xbrli:shares
iso4217:GBP
SC597114
2023-12-01
2024-11-30
SC597114
2024-11-30
SC597114
2023-11-30
SC597114
2022-09-01
2023-11-30
SC597114
2023-11-30
SC597114
2022-08-31
SC597114
bus:OrdinaryShareClass1
2023-12-01
2024-11-30
SC597114
bus:Director1
2023-12-01
2024-11-30
SC597114
core:WithinOneYear
2024-11-30
SC597114
core:WithinOneYear
2023-11-30
SC597114
core:AfterOneYear
2024-11-30
SC597114
core:AfterOneYear
2023-11-30
SC597114
core:ShareCapital
2024-11-30
SC597114
core:ShareCapital
2023-11-30
SC597114
core:RetainedEarningsAccumulatedLosses
2024-11-30
SC597114
core:RetainedEarningsAccumulatedLosses
2023-11-30
SC597114
core:CostValuation
core:Non-currentFinancialInstruments
2024-11-30
SC597114
core:Non-currentFinancialInstruments
core:ProvisionsForImpairmentInvestments
2024-11-30
SC597114
core:Non-currentFinancialInstruments
2024-11-30
SC597114
core:Non-currentFinancialInstruments
2023-11-30
SC597114
bus:SmallEntities
2023-12-01
2024-11-30
SC597114
bus:AuditExemptWithAccountantsReport
2023-12-01
2024-11-30
SC597114
bus:SmallCompaniesRegimeForAccounts
2023-12-01
2024-11-30
SC597114
bus:PrivateLimitedCompanyLtd
2023-12-01
2024-11-30
SC597114
bus:FullAccounts
2023-12-01
2024-11-30
SC597114
bus:OrdinaryShareClass1
2024-11-30
SC597114
bus:OrdinaryShareClass1
2023-11-30
SC597114
core:Associate1
2023-12-01
2024-11-30
COMPANY REGISTRATION NUMBER:
SC597114
|
Rollo Pub Holdings Limited |
|
|
Filleted Unaudited Financial Statements |
|
|
Rollo Pub Holdings Limited |
|
|
Statement of Financial Position |
|
30 November 2024
Fixed assets
|
Investments |
5 |
650,405 |
650,405 |
|
|
|
|
Current assets
|
Debtors |
6 |
51,122 |
86,309 |
|
Cash at bank and in hand |
– |
58 |
|
-------- |
-------- |
|
51,122 |
86,367 |
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
420,420 |
442,266 |
|
--------- |
--------- |
|
Net current liabilities |
369,298 |
355,899 |
|
--------- |
--------- |
|
Total assets less current liabilities |
281,107 |
294,506 |
|
|
|
|
|
Creditors: amounts falling due after more than one year |
8 |
148,000 |
178,000 |
|
--------- |
--------- |
|
Net assets |
133,107 |
116,506 |
|
--------- |
--------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
9 |
2 |
2 |
|
Profit and loss account |
133,105 |
116,504 |
|
--------- |
--------- |
|
Shareholders funds |
133,107 |
116,506 |
|
--------- |
--------- |
|
|
|
|
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 statement of income and retained earnings has not been delivered.
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
Rollo Pub Holdings Limited |
|
|
Statement of Financial Position (continued) |
|
30 November 2024
These financial statements were approved by the
board of directors
and authorised for issue on
29 May 2025
, and are signed on behalf of the board by:
Company registration number:
SC597114
|
Rollo Pub Holdings Limited |
|
|
Notes to the Financial Statements |
|
Year ended 30 November 2024
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Stannergate House, 41 Dundee Road West, Broughty Ferry, Dundee, DD5 1NB.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The Board of Directors confirm that, after making appropriate enquiries, it has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing these Financial Statements.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Corporation tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Government grants
Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
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.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil
(2023:
2
).
5.
Investments
|
Shares in group undertakings |
|
£ |
|
Cost |
|
|
At 1 December 2023 and 30 November 2024 |
1,650,405 |
|
------------ |
|
Impairment |
|
|
At 1 December 2023 and 30 November 2024 |
1,000,000 |
|
------------ |
|
|
|
Carrying amount |
|
|
At 30 November 2024 |
650,405 |
|
------------ |
|
At 30 November 2023 |
650,405 |
|
------------ |
|
|
The company owns 100% of the share capital of Redwood Pubs (Holdings) Limited who in turn, owns 100% of the share capital of Redwood Pubs Limited. Both companies are registered in Scotland at Stannergate House, 41 Dundee Road West, Broughty Ferry, Dundee, DD5 1NB.
6.
Debtors
|
2024 |
2023 |
|
£ |
£ |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
51,122 |
85,855 |
|
Other debtors |
– |
454 |
|
-------- |
-------- |
|
51,122 |
86,309 |
|
-------- |
-------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2024 |
2023 |
|
£ |
£ |
|
Trade creditors |
3,730 |
98 |
|
Corporation tax |
3,894 |
2,651 |
|
Social security and other taxes |
– |
2,477 |
|
Other creditors |
412,796 |
437,040 |
|
--------- |
--------- |
|
420,420 |
442,266 |
|
--------- |
--------- |
|
|
|
8.
Creditors:
amounts falling due after more than one year
|
2024 |
2023 |
|
£ |
£ |
|
Other creditors |
148,000 |
178,000 |
|
--------- |
--------- |
|
|
|
At the year end the company was due to pay Gordon Whiting a total of £160,000 (2023 - £178,000) disclosed under creditors due over one year. Gordon Whiting holds a bond and floating charge over the assets of the company and its subsidiaries.
9.
Called up share capital
Issued, called up and fully paid
|
2024 |
2023 |
|
No. |
£ |
No. |
£ |
|
Ordinary shares of £ 1 each |
2 |
2 |
2 |
2 |
|
---- |
---- |
---- |
---- |
|
|
|
|
|
10.
Related party transactions
Throughout the period, the company transferred and received funds from related parties and at the period end, the amount due from these related parties was £51,622 (2023 -£85,855).