Roe Trading Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: NI620639

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		63,945		51,196

			63,945		51,196
CURRENT ASSETS
Stocks	5	36,392		15,605
Debtors	6	180,155		204,774
Cash at bank and in hand		471,194		523,304

		687,741		743,683
Creditors: Amounts Falling Due Within One Year	7	(104,034 )		(111,916 )

NET CURRENT ASSETS (LIABILITIES)			583,707		631,767

TOTAL ASSETS LESS CURRENT LIABILITIES			647,652		682,963

Creditors: Amounts Falling Due After More Than One Year	8		(10,060 )		(20,450 )

NET ASSETS			637,592		662,513

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			637,590		662,511

SHAREHOLDERS' FUNDS			637,592		662,513

Page 1

Page 2

Roe Trading Ltd

Balance Sheet (continued)

As At 31 December 2024

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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ryan Mullin

Director

24/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Roe Trading Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI620639 . The registered office is 51 Catherine Street, Limavady, BT49 9DA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance

2.4. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 22 (2023: 24)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 January 2024	161,366	5,600	166,966
Additions	2,900	33,500	36,400
Disposals	(1,500 )	(12,500 )	(14,000 )

As at 31 December 2024	162,766	26,600	189,366

...CONTINUED

Page 3

Page 4

Roe Trading Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	111,860	3,910	115,770
Provided during the period	9,673	338	10,011
Disposals	(360 )	-	(360 )

As at 31 December 2024	121,173	4,248	125,421

Net Book Value
As at 31 December 2024	41,593	22,352	63,945

As at 1 January 2024	49,506	1,690	51,196

5. Stocks

	2024	2023
	£	£
Materials	36,392	15,605

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	400	-
Other debtors	60,359	79,778
Other taxes and social security	761	-
Directors' loan accounts	118,635	124,996

	180,155	204,774

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	36,341	37,416
Bank loans and overdrafts	10,060	10,060
Corporation tax	17,484	22,162
Other taxes and social security	-	590
VAT	32,820	35,635
Other creditors	4,684	3,553
Accruals and deferred income	2,645	2,500

	104,034	111,916

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	10,060	20,450

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

Page 4

Page 5

Roe Trading Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Ryan Mullin	113,469	30,960	50,794	-	93,635
Mrs Sarah Mullin	11,527	30,865	17,392	-	25,000

The above loan is unsecured, interest free and repayable on demand.

Page 5