Company No: 08912023 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	28,780		30,730
		28,780		30,730
Current assets
Stocks	4	7,464		14,599
Debtors	5	55,297		33,162
Cash at bank and in hand	6	40,928		21,279
		103,689		69,040
Creditors: amounts falling due within one year	7	( 46,341)		( 86,032)
Net current assets/(liabilities)		57,348		(16,992)
Total assets less current liabilities		86,128		13,738
Creditors: amounts falling due after more than one year	8	0		( 4,167)
Provision for liabilities	9, 10	( 7,196)		5,471
Net assets		78,932		15,042
Capital and reserves
Called-up share capital	11	100		100
Profit and loss account		78,832		14,942
Total shareholders' funds		78,932		15,042

For the financial year ending 31 January 2026 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 financial statements for the financial year 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 financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Rockstar (Scilly) Limited (registered number: 08912023) were approved and authorised for issue by the Board of Directors on 29 September 2026. They were signed on its behalf by:

N T P George Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rockstar (Scilly) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor Centenary House, Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. The property was severely damaged by Storm Goretti and will not be trading until 2027. The appropriate insurance claims are ongoing and the obligations that the company will incur will be met by these claims.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings	depreciated over the life of the lease
Plant and machinery	20 % reducing balance
Fixtures and fittings	20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	14		14

3. Tangible assets

	Land and buildings		Plant and machinery		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 February 2025	4,986		75,703		26,905		107,594
Additions	0		6,647		3,052		9,699
At 31 January 2026	4,986		82,350		29,957		117,293
Accumulated depreciation
At 01 February 2025	4,986		51,352		20,526		76,864
Charge for the financial year	0		7,947		3,702		11,649
At 31 January 2026	4,986		59,299		24,228		88,513
Net book value
At 31 January 2026	0		23,051		5,729		28,780
At 31 January 2025	0		24,351		6,379		30,730

4. Stocks

	2026		2025
	£		£
Stocks	7,464		14,599

5. Debtors

	2026		2025
	£		£
Other debtors	55,297		33,162

6. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	40,928		21,279

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	6,455		10,000
Trade creditors	5,876		23,073
Taxation and social security	27,581		27,719
Other creditors	6,429		25,240
	46,341		86,032

8. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		4,167

There are no amounts included above in respect of which any security has been given by the small entity.

9. Provision for liabilities

	2026		2025
	£		£
Deferred tax	7,196		( 5,471)

10. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	5,471		( 239)
(Charged)/credited to the Profit and Loss Account	( 12,667)		5,710
At the end of financial year	( 7,196)		5,471

11. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

12. Events after the Balance Sheet date

Prior to the year end the property incurred catastrophic storm damage. To date the premises remains closed due to ongoing work to rectify the damage.