REGISTERED NUMBER: 12543477 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ROCKET HOUSING SOCIETY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A.S. Richardson

J. Lester

T. J. Mudd

W. W. Overin

Mrs S. R. Smith

J. R. Wilson

SECRETARY:

J. R. Wilson

REGISTERED OFFICE:

Spitfire House

19 Falcon Court

Preston Farm Industrial Estate

Stockton-on-Tees

TS18 3TU

REGISTERED NUMBER:

12543477 (England and Wales)

ACCOUNTANTS:

Baines Jewitt Limited

Chartered Accountants

Spitfire House

19 Falcon Court

Preston Farm Ind. Est.

Stockton-on-Tees

TS18 3TU

CURRENT ASSETS

Debtors

308

586

Cash at bank

43,042

28,861

43,350

29,447

CREDITORS

Amounts falling due within one year

37,242

23,370

NET CURRENT ASSETS

6,108

6,077

TOTAL ASSETS LESS CURRENT LIABILITIES

6,108

6,077

RESERVES

Income and expenditure account

6,108

6,077

6,108

6,077

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 5 June 2025 and were signed on its behalf by:

J. Lester - Director

W. W. Overin - Director

1.	STATUTORY INFORMATION

Rocket Housing Society Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover represents the total amount receivable in respect of approved management charges to the nine managed societies.

Taxation

Taxation for the year comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	RELATED PARTY DISCLOSURES

Rocket Housing Society Limited is responsible for the day to day and financial management of nine co-ownership housing societies, and has separate management agreements with each of them. Management fees are paid to Rocket Housing Society Limited by each managed society, and are included in the Profit and Loss Account.

The following directors are also principals of their firms to whom payments were made or were due to be made for the year as follows:

Mr. J. Lester FCA is a director of Baines Jewitt Limited who were due fees of £53,169 (2024: £50,637) for accountancy and secretarial services. At the balance sheet date an amount of £13,292 (2024: £nil) was due to Baines Jewitt Limited

Mr. J. R. Wilson FRICS was due fees of £15,456 (2024: £14,720) for secretarial services. At the balance sheet date an amount of £3,864 (2024: £3,680) was due to Mr. J. R. Wilson.