Rolf Utilitys Limited - Filleted accounts

Registered number

14555659

Rolf Utilitys Limited

Unaudited Filleted Accounts

31 December 2024

Rolf Utilitys Limited
Registered number:		14555659
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		45,394			22,875

Current assets
Debtors	4	104,216			181,700
Cash at bank and in hand		25,025			433
		129,241			182,133

Creditors: amounts falling due within one year	5	(84,119)			(56,591)

Net current assets			45,122			125,542

Total assets less current liabilities			90,516			148,417


Provisions for liabilities			(11,349)			(5,719)


Net assets			79,167			142,698

Capital and reserves
Called up share capital			5,100			5,100
Profit and loss account			74,067			137,598

Shareholder's funds			79,167			142,698

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G Bond
Director
Approved by the board on 30 September 2025

Rolf Utilitys Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Motor vehicles	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2024	6,100		24,401		30,501
	Additions	5,520		37,755		43,275
	Disposals	-		(7,500)		(7,500)
	At 31 December 2024	11,620		54,656		66,276

	Depreciation
	At 1 January 2024	1,525		6,101		7,626
	Charge for the year	2,524		12,607		15,131
	On disposals	-		(1,875)		(1,875)
	At 31 December 2024	4,049		16,833		20,882

	Net book value
	At 31 December 2024	7,571		37,823		45,394
	At 31 December 2023	4,575		18,300		22,875


4	Debtors			2024		2023
£					£

	Trade debtors			6,580		103,675
	Other debtors			97,636		78,025
				104,216		181,700


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Trade creditors			25,708		3,181
	Taxation and social security costs			58,206		53,058
	Other creditors			205		352
				84,119		56,591


6	Other information

	Rolf Utilitys Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Hopkin
	The Heath
	Lavenham Road
	Great Waldingfield
	CO10 0SA