ROVIC TILES LTD - Accounts

ROVIC TILES LTD

Statement of Financial Position

As at 31 December 2024

	Notes	2024 £
Fixed assets
Intangible fixed assets	2	800
Tangible fixed assets	3	23,728
		24,528
Current assets
Inventories	4	116,882
Debtors	5	7,854
Cash at bank and in hand		13,259
		137,995
Creditors: amount falling due within one year	6	(201,523)
Net current assets/(liabilities)		(63,528)


Total assets less current liabilities		(39,000)
Creditors: amount falling due after more than one year	7	(120,087)
Net assets/(liabilities)		(159,087)

Capital and reserves
Called up share capital		3
Profit and loss account	8	(159,090)
Shareholders fund		(159,087)

For the period ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors:

----------------------------------
Anthony Paul Doe
Director

Date approved: 11 December 2025

ROVIC TILES LTD

Notes to the Accounts

For the period ended 31 December 2024

Statutory Information

ROVIC TILES LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 15341942, registration address E5-6 Unit E5-E6, Chaucer Business Park, Watery Lane, Sevenoaks, TN15 6YP, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Cost of sales

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Intangible fixed assets

Cost or Valuation	Patents, trademarks & licenses	Total
	£	£
At 11 December 2023	-	-
Additions	1,000	1,000
At 31 December 2024	1,000	1,000
Amortisation
At 11 December 2023	-	-
Charge for period	200	200
At 31 December 2024	200	200
Net book values
At 31 December 2024	800	800
At 10 December 2023	-	-

Tangible fixed assets

Cost or Valuation	Plant and Machinery	Fixtures and Fittings	Motor Vehicles	Office Equipment	Total
	£	£	£	£	£
At 11 December 2023	-	-	-	-	-
Additions	3,500	660	24,500	1,000	29,660
At 31 December 2024	3,500	660	24,500	1,000	29,660
Depreciation
At 11 December 2023	-	-	-	-	-
Charge for period	700	132	4,900	200	5,932
At 31 December 2024	700	132	4,900	200	5,932
Net book values
Closing balance as at 31 December 2024	2,800	528	19,600	800	23,728

Inventories

	2024 £
Stocks	116,882
	116,882

Debtors: amounts falling due within one year

	2024 £
Prepayments	7,854
	7,854

Creditors: amount falling due within one year

	2024 £
Trade creditors	91,870
Pension Payable	1,793
Deposits and Cash	11,431
Wages & salaries control account	8,646
Social security & other tax	30,280
VAT	57,503
	201,523

Creditors: amount falling due after more than one year

	2024 £
Other creditors	120,087
	120,087

Profit and loss account

	2024 £
Balance at 11 December 2023	-
Loss for the period	(159,090)
Balance at 31 December 2024	(159,090)

9.	Average number of employees Average number of employees during the period were 9.