ACCOUNTS - Final Accounts preparation

Registered number: 15452844

ROLLING PEOPLE MERCHANDISING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2025

ROLLING PEOPLE MERCHANDISING LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 5

ROLLING PEOPLE MERCHANDISING LIMITED

REGISTERED NUMBER: 15452844

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2025

		2025
Note		£


Current assets
Debtors: amounts falling due within one year	4	587,172
Cash at bank and in hand	5	155,699
		742,871
Current liabilities
Creditors: Amounts Falling Due Within One Year	6	664,624
Net current assets			78,247
Total assets less current liabilities			78,247

Net assets			78,247

Capital and reserves
Called up share capital	7	100
Profit and loss account		78,147
		78,247

Page 1

ROLLING PEOPLE MERCHANDISING LIMITED

REGISTERED NUMBER: 15452844

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 November 2025.

Michelle Marie Shelton

Director

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

Page 2

ROLLING PEOPLE MERCHANDISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

1.	General information

Rolling People Merchandising Limited is a company incorporated in England and Wales whose registered office is at 124 Finchley Road, London, NW3 5JS.
Roling People Merchandising Limited was incorporated on the 30 January 2024. These financial statements cover a period of 12 months from the trading date 1 February 2024 to the 31 January 2025.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.3

Revenue

Turnover from the sale of merchandising is recognised when significant risks and rewards of
ownership of the goods have transferred to the buyer, the amount of turnover can be
measured reliably, it is probable that the economic benefits associated with the transaction
will flow to the company and the costs incurred or to be incurred in respect of the transaction
can be measured reliably. This is usually on dispatch of the goods.

Page 3

ROLLING PEOPLE MERCHANDISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 1.

Debtors

					2025
					£


	Trade debtors	567,456
	Amounts owed by group undertakings	19,716
		587,172

Page 4

ROLLING PEOPLE MERCHANDISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

5.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	155,699
		155,699

6.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	277,389
	Other taxation and social security	101,838
	Other creditors	285,397
		664,624

7.	Share capital
		2025
		£

		Authorised, allotted, called up and fully paid

		100 Ordinary shares of £1.00 each	100

On incorporation 100 Ordinary Shares were issued at par.

8.	Related party transactions
	As at the year end, the company owed to the director £285,397 included in other creditors. This loan is interest free and repayable on demand.

Page 5