Roundhouse Momentum Developments Limited Filleted accounts for Companies House (small and micro)
Roundhouse Momentum Developments Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
08006708
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For the year ended |
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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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 |
7 |
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------------- |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
8 |
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– |
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Provisions
Taxation including deferred tax |
(
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Net assets |
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Capital and reserves
Called up share capital |
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Capital redemption reserve |
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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 comprehensive income has not been delivered.
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Statement of Financial Position (continued) |
Directors' 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
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
21 December 2022
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
08006708
|
Notes to the Financial Statements |
Year ended 31 March 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Roundhouse Court, South Rings Office Village, Bamber Bridge, Preston, PR5 6DA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Deferred tax
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:
Motor Vehicles |
- |
|
|
Impairment of fixed assets
Stocks
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2021:
1
).
5.
Tangible assets
Motor vehicles |
Total |
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£ |
£ |
|
Fair value |
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At 1 April 2021 and 31 March 2022 |
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--------- |
--------- |
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Depreciation |
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At 1 April 2021 |
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Charge for the year |
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--------- |
--------- |
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At 31 March 2022 |
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--------- |
--------- |
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Carrying amount |
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At 31 March 2022 |
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--------- |
--------- |
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At 31 March 2021 |
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--------- |
--------- |
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6.
Debtors
2022 |
2021 |
|
£ |
£ |
|
Trade debtors |
|
|
Other debtors |
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---------- |
---------- |
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---------- |
---------- |
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7.
Creditors:
amounts falling due within one year
2022 |
2021 |
|
£ |
£ |
|
Trade creditors |
|
|
Corporation tax |
– |
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Social security and other taxes |
|
|
Other creditors |
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--------- |
---------- |
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---------- |
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8.
Creditors:
amounts falling due after more than one year
2022 |
2021 |
|
£ |
£ |
|
Other creditors |
|
– |
---------- |
---- |
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9.
Directors' advances, credits and guarantees
At the balance sheet date the company was owed £
108,152
(2021:£ 265,457
) by a director. The loan was repayable on demand and the rate of interest charged was 2% (2021:2.25%)
. Interest received by the company amounted to £ 2,943
(2021:£ 2,586
). The loan was repaid on 16th December 2022
.