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Company Registration No. 10349589 (England and Wales)
Root38 Limited Unaudited accounts for the year ended 31 August 2025
Root38 Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Root38 Limited Company Information for the year ended 31 August 2025
Directors
Hugh Kirke Ben Sheehan
Company Number
10349589 (England and Wales)
Registered Office
10 Oak Road Barton Under Needwood Burton-On-Trent DE13 8LR England
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Root38 Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
138,359
142,689
Tangible assets
5
58,518
72,004
196,877
214,693
Current assets
Debtors
6
103
-
Cash at bank and in hand
94,415
96,467
94,518
96,467
Creditors: amounts falling due within one year
7
(175,896)
(248,958)
Net current liabilities
(81,378)
(152,491)
Net assets
115,499
62,202
Capital and reserves
Called up share capital
100
100
Profit and loss account
115,399
62,102
Shareholders' funds
115,499
62,202
For the year ending 31 August 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by
Hugh Kirke Director Company Registration No. 10349589
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Root38 Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Root38 Limited is a private company, limited by shares, registered in England and Wales, registration number 10349589. The registered office is 10 Oak Road, Barton Under Needwood, Burton-On-Trent, DE13 8LR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 September 2024
155,679
At 31 August 2025
155,679
Amortisation
At 1 September 2024
12,990
Charge for the year
4,330
At 31 August 2025
17,320
Net book value
At 31 August 2025
138,359
At 31 August 2024
142,689
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Root38 Limited Notes to the Accounts for the year ended 31 August 2025
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
96,555
8,396
9,240
114,191
Additions
-
-
4,832
4,832
At 31 August 2025
96,555
8,396
14,072
119,023
Depreciation
At 1 September 2024
33,191
4,038
4,958
42,187
Charge for the year
15,841
654
1,823
18,318
At 31 August 2025
49,032
4,692
6,781
60,505
Net book value
At 31 August 2025
47,523
3,704
7,291
58,518
At 31 August 2024
63,364
4,358
4,282
72,004
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
103
-
7
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
44,169
54,876
Trade creditors
-
602
Taxes and social security
30,374
17,211
Loans from directors
101,078
175,149
Accruals
275
1,120
175,896
248,958
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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