Roachcanha Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08030355

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

ROACHCANHA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Roach

M Canha

SECRETARY:

REGISTERED OFFICE:

Create Business Hub

Ground Floor

5 Rayleigh Road

Hutton, Brentwood.

Essex

CM13 1AB

REGISTERED NUMBER:

08030355

ACCOUNTANTS:

Tish Press & Company

Create Business Hub

Ground Floor

5 Rayleigh Road

Hutton, Brentwood.

Essex

CM13 1AB

FIXED ASSETS

Tangible assets

4

38,966

49,013

Investments

5

296,792

146,905

335,758

195,918

CURRENT ASSETS

Cash at bank

15,293

3,430

CREDITORS

Amounts falling due within one year

6

211,672

111,341

NET CURRENT LIABILITIES

(196,379

)

(107,911

)

TOTAL ASSETS LESS CURRENT LIABILITIES

139,379

88,007

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

139,279

87,907

SHAREHOLDERS' FUNDS

139,379

88,007

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2023 and were signed on its behalf by:

M Canha - Director

1.	STATUTORY INFORMATION

Roachcanha Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2022

and 30 April 2023

18,267

121,010

139,277

DEPRECIATION

At 1 May 2022

16,389

73,875

90,264

Charge for year

620

9,427

10,047

At 30 April 2023

17,009

83,302

100,311

NET BOOK VALUE

At 30 April 2023

1,258

37,708

38,966

At 30 April 2022

1,878

47,135

49,013

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2022

146,905

Additions

149,887

At 30 April 2023

296,792

NET BOOK VALUE

At 30 April 2023

296,792

At 30 April 2022

146,905

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

21,656

12,961

Tax

42,009

18,751

Social security and other taxes

(2,680

)

2,849

VAT

14,938

14,680

Hp creditors

7,174

17,872

Directors' current accounts

128,575

44,228

211,672

111,341