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Company Registration No. 07462439 (England and Wales)
Rocket Engineering Limited Unaudited accounts for the year ended 31 December 2024
Rocket Engineering Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Rocket Engineering Limited Company Information for the year ended 31 December 2024
Director
Dr Adam Baker
Company Number
07462439 (England and Wales)
Registered Office
70 Rosendale Road London SE21 8DP United Kingdom
Accountants
The Counting House (Frome) Ltd 7 Springfield Norton St Philip Nr Bath Somerset BA2 7NR
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Rocket Engineering Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,666 
1,102 
Current assets
Debtors
5
7,884 
1,023 
Cash at bank and in hand
38,544 
59,549 
46,428 
60,572 
Creditors: amounts falling due within one year
6
(26,126)
(19,884)
Net current assets
20,302 
40,688 
Total assets less current liabilities
23,968 
41,790 
Creditors: amounts falling due after more than one year
7
- 
(3,450)
Provisions for liabilities
Deferred tax
(190)
(237)
Net assets
23,778 
38,103 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
23,578 
37,903 
Shareholders' funds
23,778 
38,103 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 September 2025 and were signed on its behalf by
Dr Adam Baker Director Company Registration No. 07462439
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Rocket Engineering Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Rocket Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 07462439. The registered office is 70 Rosendale Road, London, SE21 8DP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
1,247 
- 
1,247 
Additions
2,374 
439 
2,813 
At 31 December 2024
3,621 
439 
4,060 
Depreciation
At 1 January 2024
145 
- 
145 
Charge for the year
249 
- 
249 
At 31 December 2024
394 
- 
394 
Net book value
At 31 December 2024
3,227 
439 
3,666 
At 31 December 2023
1,102 
- 
1,102 
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Rocket Engineering Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,404 
1,023 
Trade debtors
5,480 
- 
7,884 
1,023 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,416 
15,417 
Trade creditors
- 
2,500 
Taxes and social security
41 
- 
Other creditors
10,029 
388 
Loans from directors
2,221 
1,579 
Accruals
3,419 
- 
26,126 
19,884 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
3,450 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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