On A Roll (Chester) Limited Filleted accounts for Companies House (small and micro)
On A Roll (Chester) Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
06404161
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
8 |
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-------- |
-------- |
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Net current assets |
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------- |
-------- |
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Total assets less current liabilities |
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------- |
-------- |
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Net assets |
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------- |
-------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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------- |
-------- |
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Shareholders funds |
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------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
19 May 2022
, and are signed on behalf of the board by:
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Director |
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Company registration number:
06404161
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Notes to the Financial Statements |
Year ended 30 September 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor, 2 City Road, Chester, CH1 3AE.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings |
- |
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Equipment |
- |
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Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Financial instruments
Defined contribution plans
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2020:
3
).
5.
Intangible assets
Goodwill |
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£ |
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Cost |
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At 1 October 2020 and 30 September 2021 |
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Amortisation |
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At 1 October 2020 and 30 September 2021 |
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Carrying amount |
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At 30 September 2021 |
– |
-------- |
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At 30 September 2020 |
– |
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6.
Tangible assets
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 October 2020 and 30 September 2021 |
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---- |
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------- |
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Depreciation |
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At 1 October 2020 |
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Charge for the year |
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---- |
------- |
------- |
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At 30 September 2021 |
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---- |
------- |
------- |
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Carrying amount |
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At 30 September 2021 |
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---- |
------- |
------- |
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At 30 September 2020 |
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---- |
------- |
------- |
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7.
Debtors
2021 |
2020 |
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£ |
£ |
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Other debtors |
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---- |
---- |
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8.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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-------- |
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9.
Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2021 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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------- |
------- |
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2020 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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---- |
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10.
Related party transactions
The company was under the control of the director throughout the current and previous year. There are no transactions that are required to be disclosed.