Mr Rooster Limited - Filleted accounts

MR ROOSTER LIMITED - Company Information

Registered number

11244997

Mr Rooster Limited

Filleted Accounts

31 March 2019

Mr Rooster Limited
Registered number:		11244997
Balance Sheet
as at 31 March 2019

Notes			2019
£
Fixed assets
Intangible assets	2		5,000
Tangible assets	3		15,300
			20,300

Current assets
Stocks		800
Cash at bank and in hand		1,036
		1,836

Creditors: amounts falling due within one year	4	(10,511)

Net current liabilities			(8,675)

Net assets			11,625

Capital and reserves
Called up share capital			100
Profit and loss account			11,525

Shareholders' funds			11,625

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Awais Hussain
Director
Approved by the board on 31 October 2019

Mr Rooster Limited
Notes to the Accounts
for the period from 9 March 2018 to 31 March 2019


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	10% reducing balance
	Fixtures, fittings, tools and equipment	10% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


2	Intangible fixed assets			£
	Goodwill:

	Cost
	Additions			5,000
	At 31 March 2019			5,000

	Amortisation
	At 31 March 2019			-

	Net book value
	At 31 March 2019			5,000


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	Additions			17,000
	At 31 March 2019			17,000

	Depreciation
	Charge for the period			1,700
	At 31 March 2019			1,700

	Net book value
	At 31 March 2019			15,300


4	Creditors: amounts falling due within one year		2019
£

	Trade creditors		1,134
	Taxation and social security costs		37
	Other creditors		9,340
			10,511


5	Other information

	Mr Rooster Limited is a private company limited by shares and incorporated in England. Its registered office is:
	37 Woodwells Road
	Birmingham
	West Midlands
	B8 2TQ


6	Going concern
	The financial statements have been prepared on the basis that the company is a going concern and
	that the directors will continue to support the company.


7	Comparatives
	Thera are no comparatives as this is the first period of trading.