ROC UK Group Limited - Period Ending 2021-06-30
ROC UK Group Limited - Period Ending 2021-06-30
ROC UK Group Limited
for the Year Ended 30 June 2021
Registration number:
ROC UK Group Limited
Contents
Statement of financial position |
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Notes to the Unaudited Financial Statements |
ROC UK Group Limited
(Registration number: 11219326)
Statement of financial position as at 30 June 2021
Note |
2021 |
2020 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
- |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
60 |
60 |
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Profit and loss account |
708,792 |
700,000 |
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Shareholders' funds |
708,852 |
700,060 |
For the financial year ending 30 June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
ROC UK Group Limited
(Registration number: 11219326)
Statement of financial position as at 30 June 2021
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income statement has been taken.
Approved and authorised by the
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ROC UK Group Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
ROC UK Group Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
ROC UK Group Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021
Investments |
2021 |
2020 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost or valuation |
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At 1 July 2020 |
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Provision |
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Carrying amount |
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At 30 June 2021 |
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At 30 June 2020 |
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Debtors |
2021 |
2020 |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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ROC UK Group Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021
Creditors |
Creditors: amounts falling due within one year
2021 |
2020 |
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Due within one year |
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Taxation and social security |
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- |
Share capital |
Allotted, called up and fully paid shares
2021 |
2020 |
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No. |
£ |
No. |
£ |
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60 |
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60 |
Related party transactions |
Transactions with directors |
2021 |
At 1 July 2020 |
Advances to directors |
At 30 June 2021 |
Mr D Roche |
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Loan at 2.5% per annum |
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Mr C McNicholl |
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Loan at 2.5% per annum |
- |
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2020 |
At 1 July 2019 |
Advances to directors |
At 30 June 2020 |
Mr D Roche |
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Loan at 2.5% per annum |
- |
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