Abbreviated Company Accounts - ROKIT LIMITED

02041920 ROKIT LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 02041920 2013-12-01 2014-11-30 02041920 2014-11-30 02041920 2013-11-30 02041920 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 02041920 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 02041920

ROKIT LIMITED

Abbreviated Accounts

30 November 2014

ROKIT LIMITED Registered Number 02041920

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	100,148	125,501
		100,148	125,501
Current assets
Stocks		139,669	136,905
Debtors		312,452	221,041
Cash at bank and in hand		2,255,312	1,917,585
		2,707,433	2,275,531
Creditors: amounts falling due within one year		(548,191)	(517,382)
Net current assets (liabilities)		2,159,242	1,758,149
Total assets less current liabilities		2,259,390	1,883,650
Total net assets (liabilities)		2,259,390	1,883,650
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		2,258,390	1,882,650
Shareholders' funds		2,259,390	1,883,650

For the year ending 30 November 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 3 August 2015

And signed on their behalf by:
A M Shackleton, Director

ROKIT LIMITED Registered Number 02041920

Notes to the Abbreviated Accounts for the period ended 30 November 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Short leasehold property - 7% straight line
Plant and machinery - 20% straight line
Fixtures, fittings and equipment - 20% straight line
Motor vehicles - 25% straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

2Tangible fixed assets

	£
Cost
At 1 December 2013	570,265
Additions	9,500
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	579,765
Depreciation
At 1 December 2013	444,764
Charge for the year	34,853
On disposals	-
At 30 November 2014	479,617
Net book values
At 30 November 2014	100,148
At 30 November 2013	125,501

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000