| |
|
2025 |
|
2024 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
47,808 |
|
|
54,552 |
| Current assets |
|
39,819 |
|
|
55,824 |
|
| Creditors: amount falling due within one year |
|
(85,791) |
|
|
(85,823) |
|
|
Net current assets
|
|
|
(45,972)
|
|
|
(29,999)
|
|
Total assets less current liabilities
|
|
|
1,836 |
|
|
24,553 |
|
Net assets
|
|
|
1,836 |
|
|
24,553 |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
1,836 |
|
|
24,553 |
| |
NOTES TO THE ACCOUNTS
General Information
Room 2 Experience Ltd is a private company, limited by shares, registered in England and Wales, registration number 14763918, registration address 3 Brickfields Business Park, Old Stowmarket Road, Woolpit, Suffolk, IP30 9QS.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.
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:
| Plant and machinery |
5 Years Straight Line
|
|
| 2. |
Intangible fixed assets
| Cost |
Goodwill |
|
Total |
| |
£ |
|
£ |
| At 01 September 2024 |
55,000 |
|
55,000 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 August 2025 |
55,000 |
|
55,000 |
| Amortisation |
| At 01 September 2024 |
5,500 |
|
5,500 |
| Charge for year |
5,500 |
|
5,500 |
| On disposals |
- |
|
- |
| At 31 August 2025 |
11,000 |
|
11,000 |
| Net book values |
| At 31 August 2025 |
44,000 |
|
44,000 |
| At 31 August 2024 |
49,500 |
|
49,500 |
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and machinery |
|
Total |
| |
£ |
|
£ |
| At 01 September 2024 |
6,221 |
|
6,221 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 August 2025 |
6,221 |
|
6,221 |
| Depreciation |
| At 01 September 2024 |
1,169 |
|
1,169 |
| Charge for year |
1,244 |
|
1,244 |
| On disposals |
- |
|
- |
| At 31 August 2025 |
2,413 |
|
2,413 |
| Net book values |
| Closing balance as at 31 August 2025 |
3,808 |
|
3,808 |
| Opening balance as at 01 September 2024 |
5,052 |
|
5,052 |
|
| 4. |
Average number of employees
Average number of employees during the year was 6 (2024 : 9).
|
| 5. |
Related parties
During the year the company entered into the following transactions with related parties: | Amount due from/to related party | | Provision for doubtful debt from the related party |
|---|
| 2025
£ | | 2024
£ | | 2025
£ | | 2024
£ |
|---|
| Neil Bell | (167) | | 19,211 | | - | | - | | Jackaman Honor Ltd | (70,000) | | (70,000) | | - | | - |
|
For the year ended 31 August 2025 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 year in question in accordance with section 476.
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 accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 23 October 2025 and were signed on its behalf by: --------------------------------
Neil Bell
Director |
2
|
