IRIS Accounts Production v25.2.0.378 13256273 Board of Directors 1.12.23 30.11.24 30.11.24 15/8/25 false true false false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh132562732023-11-30132562732024-11-30132562732023-12-012024-11-30132562732022-11-30132562732022-12-012023-11-30132562732023-11-3013256273ns15:EnglandWales2023-12-012024-11-3013256273ns14:PoundSterling2023-12-012024-11-3013256273ns10:Director12023-12-012024-11-3013256273ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3013256273ns10:SmallEntities2023-12-012024-11-3013256273ns10:Audited2023-12-012024-11-3013256273ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3013256273ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3013256273ns10:FullAccounts2023-12-012024-11-301325627312023-12-012024-11-3013256273ns10:Director22023-12-012024-11-3013256273ns10:Director32023-12-012024-11-3013256273ns10:RegisteredOffice2023-12-012024-11-3013256273ns5:CurrentFinancialInstruments2024-11-3013256273ns5:CurrentFinancialInstruments2023-11-3013256273ns5:ShareCapital2024-11-3013256273ns5:ShareCapital2023-11-3013256273ns5:RetainedEarningsAccumulatedLosses2024-11-3013256273ns5:RetainedEarningsAccumulatedLosses2023-11-3013256273ns5:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3013256273ns5:ComputerSoftware2023-12-012024-11-3013256273ns5:PlantMachinery2023-12-012024-11-3013256273ns5:IntangibleAssetsOtherThanGoodwill2023-11-3013256273ns5:IntangibleAssetsOtherThanGoodwill2024-11-3013256273ns5:IntangibleAssetsOtherThanGoodwill2023-11-3013256273ns5:PlantMachinery2023-11-3013256273ns5:PlantMachinery2024-11-3013256273ns5:PlantMachinery2023-11-3013256273ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3013256273ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3013256273ns5:AcceleratedTaxDepreciationDeferredTax2023-11-3013256273ns5:DeferredTaxation2023-11-3013256273ns5:DeferredTaxation2023-12-012024-11-3013256273ns5:DeferredTaxation2024-11-30
REGISTERED NUMBER: 13256273 (England and Wales)









AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

ROCKBORNE LIMITED

ROCKBORNE LIMITED (REGISTERED NUMBER: 13256273)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ROCKBORNE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: S J Clarke
D Farmer
S Lawrence





REGISTERED OFFICE: 3rd Floor, Melbury House
51 Wimbledon Hill Road
Wimbledon
London
SW19 7QW





REGISTERED NUMBER: 13256273 (England and Wales)





AUDITORS: Hartley Fowler LLP
Statutory Auditors
Chartered Accountants
4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU

ROCKBORNE LIMITED (REGISTERED NUMBER: 13256273)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 153,443 299,606
153,443 299,606

CURRENT ASSETS
Debtors 6 717,104 616,571
Cash at bank 223,682 259,993
940,786 876,564
CREDITORS
Amounts falling due within one year 7 8,918,443 7,790,310
NET CURRENT LIABILITIES (7,977,657 ) (6,913,746 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,824,214

)

(6,614,140

)

PROVISIONS FOR LIABILITIES 9 - 74,902
NET LIABILITIES (7,824,214 ) (6,689,042 )

CAPITAL AND RESERVES
Called up share capital 8,020 8,020
Retained earnings (7,832,234 ) (6,697,062 )
SHAREHOLDERS' FUNDS (7,824,214 ) (6,689,042 )

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2025 and were signed on its behalf by:





S J Clarke - Director


ROCKBORNE LIMITED (REGISTERED NUMBER: 13256273)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Rockborne 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The directors have, at the time of approving the financial statements, a reasonable expectation that the company has adequate resources, which includes the financial support of the group, to continue in operational existence for the foreseeable future. Thus they have adopted the going concern basis of accounting in preparing the financial statements.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from services is recognised when the service is provided and the right to consideration earned. To the extent that a service is provided to third parties but no billing made, the amount is recognised as revenue and recorded as accrued income. Billings made in advance of services being provided are recognised as deferred income.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Financial instruments
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit or loss account in other
administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.


ROCKBORNE LIMITED (REGISTERED NUMBER: 13256273)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 52 (2023 - 92 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2023
and 30 November 2024 11,800
AMORTISATION
At 1 December 2023
and 30 November 2024 11,800
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

ROCKBORNE LIMITED (REGISTERED NUMBER: 13256273)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 531,046
Disposals (1,397 )
At 30 November 2024 529,649
DEPRECIATION
At 1 December 2023 231,440
Charge for year 145,756
Eliminated on disposal (990 )
At 30 November 2024 376,206
NET BOOK VALUE
At 30 November 2024 153,443
At 30 November 2023 299,606

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 622,559 442,024
Amounts owed by group undertakings - 13
Other debtors 94,545 174,534
717,104 616,571

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,059 28,658
Amounts owed to group undertakings 8,127,507 7,305,081
Taxation and social security 213,471 53,500
Other creditors 561,406 403,071
8,918,443 7,790,310

8. SECURED DEBTS

Another group company has a debenture including Fixed Charge over all present freehold and leasehold property; First Fixed Charge over book and other debts, chattels, goodwill and uncalled capital, both present and future; and First Floating Charge over all assets and undertaking both present and future dated 29 October 2012.

Unlimited Multilateral Guarantee dated 17 June 2022 given by Harnham Group Limited, Rockborne Limited, Harnham Search and Selection Limited and Harnham Europe Limited.

Contract Monies charge dated 03 August 2022

ROCKBORNE LIMITED (REGISTERED NUMBER: 13256273)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


9. PROVISIONS FOR LIABILITIES
2023
£   
Deferred tax
Accelerated capital allowances 74,902

Deferred
tax
£   
Balance at 1 December 2023 74,902
Provided during year (83,292 )
Balance at 30 November 2024 (8,390 )

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jonathan Askew (Senior Statutory Auditor)
for and on behalf of Hartley Fowler LLP

11. RELATED PARTY DISCLOSURES

The administration of the company is performed by the related company Harnham Search and Selection Limited which subsequently recharges for these services through the intercompany loan. The balance is not secured, does not bear interest and has no repayment terms.

12. ULTIMATE PARENT COMPANY

The immediate and ultimate parent company is Harnham Group Limited. The registered office is 3rd Floor Melbury House, 51 Wimbledon Hill Road, London, SW19 7QW.