Roth Limited - Accounts to registrar (filleted) - small 18.2
Roth Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 April 2018 |
| for |
| Roth Limited |
| Roth Limited (Registered number: SC253075) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Roth Limited |
| Company Information |
| for the Year Ended 30 April 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Accountants |
| Titanium 1 |
| King's Inch Place |
| Renfrew |
| PA4 8WF |
| Roth Limited (Registered number: SC253075) |
| Balance Sheet |
| 30 April 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings | 11 |
| SHAREHOLDERS' FUNDS |
| 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. |
| Roth Limited (Registered number: SC253075) |
| Balance Sheet - continued |
| 30 April 2018 |
| 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 on behalf by: |
| Roth Limited (Registered number: SC253075) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2018 |
| 1. | STATUTORY INFORMATION |
| Roth Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the pound sterling (£). |
| Monetary amounts in these financial statements are rounded to the nearest £. |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared under the historical cost convention. |
| Turnover |
| Turnover represents the value of all work done, excluding value added tax. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Work in progress |
| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due |
| allowance for obsolete and slow moving items. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| 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. |
| Roth Limited (Registered number: SC253075) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 3. | ACCOUNTING POLICIES - continued |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the |
| company's pension scheme are charged to profit or loss in the period to which they relate. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 May 2017 | 7,089 | 87,443 | 6,241 | 100,773 |
| Additions | 918 | - | 2,301 | 3,219 |
| Disposals | - | (6,995 | ) | - | (6,995 | ) |
| At 30 April 2018 | 8,007 | 80,448 | 8,542 | 96,997 |
| DEPRECIATION |
| At 1 May 2017 | 532 | 53,926 | 3,088 | 57,546 |
| Charge for year | 1,052 | 8,166 | 1,476 | 10,694 |
| Eliminated on disposal | - | (6,144 | ) | - | (6,144 | ) |
| At 30 April 2018 | 1,584 | 55,948 | 4,564 | 62,096 |
| NET BOOK VALUE |
| At 30 April 2018 | 6,423 | 24,500 | 3,978 | 34,901 |
| At 30 April 2017 | 6,557 | 33,517 | 3,153 | 43,227 |
| Roth Limited (Registered number: SC253075) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 6. | STOCKS |
| 2018 | 2017 |
| £ | £ |
| Work-in-progress |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Directors' current accounts | 5,854 | - |
| VAT |
| Prepayments |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT |
| Other creditors | 4,389 | 867 |
| Retention provision |
| Directors' current accounts |
| Accrued expenses |
| 9. | PROVISIONS FOR LIABILITIES |
| 2018 | 2017 |
| £ | £ |
| Deferred tax |
| Deferred |
| tax |
| £ |
| Balance at 1 May 2017 |
| Accelerated capital allowances | ( |
) |
| Balance at 30 April 2018 |
| Roth Limited (Registered number: SC253075) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1 |
| 11. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 May 2017 | 268,477 |
| Profit for the year | 233,472 |
| Dividends | (200,000 | ) |
| At 30 April 2018 | 301,949 |
| 12. | RELATED PARTY DISCLOSURES |
| Other related parties under common control |
| 2018 | 2017 |
| £ | £ |
| Sales | 13,831 | 7,823 |
| Purchases | - | 19,183 |
| Dividends paid | 200,000 | 219,006 |
| Amount due (from)/ to related party | (5,854) | 10,939 |