Company Registration No. 10055162 (England and Wales)
ROCK MISSION LTD
Unaudited accounts
for the year ended 31 December 2020
ROCK MISSION LTD
Unaudited accounts
Contents
ROCK MISSION LTD
Company Information
for the year ended 31 December 2020
Director
Michele Cuccovillo
Company Number
10055162 (England and Wales)
Registered Office
SALTY COMMUNE
6 YORKTON ST
LONDON
E2 8NH
ENGLAND
Accountants
Accounts Lab Ltd
The Leeming Building
Vicar Lane
Leeds
West Yorkshire
LS2 7JF
ROCK MISSION LTD
Statement of financial position
as at
31 December 2020
Cash at bank and in hand
40,874
8,330
Creditors: amounts falling due within one year
(19,117)
(254,166)
Net current assets
103,075
89,948
Total assets less current liabilities
103,075
89,948
Creditors: amounts falling due after more than one year
(154,999)
(19,333)
Net (liabilities)/assets
(51,924)
70,615
Called up share capital
1
1
Profit and loss account
(51,925)
70,614
Shareholders' funds
(51,924)
70,615
For the year ending 31 December 2020 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 August 2021 and were signed on its behalf by
Michele Cuccovillo
Director
Company Registration No. 10055162
ROCK MISSION LTD
Notes to the Accounts
for the year ended 31 December 2020
ROCK MISSION LTD is a private company, limited by shares, registered in England and Wales, registration number 10055162. The registered office is SALTY COMMUNE, 6 YORKTON ST, LONDON, E2 8NH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Debtors: amounts falling due within one year
2020
2019
Trade debtors
34,784
288,597
Amounts due from group undertakings etc.
31,330
40,600
Other debtors
15,204
6,587
ROCK MISSION LTD
Notes to the Accounts
for the year ended 31 December 2020
5
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
4,948
103,876
Taxes and social security
10,579
106,525
Loans from directors
-
41,965
6
Creditors: amounts falling due after more than one year
2020
2019
Bank loans
154,999
19,333
7
Share capital
2020
2019
Allotted, called up and fully paid:
100,000 Ordinary shares of £0.0000 each
1
1
8
Transactions with related parties
Included in debtors are amounts of £30,430 (2019: £40,000) and £34,784 (2019: £42,600) due from Rock House Club Ltd and Bottomless Brunch Ltd respectively. The companies are related by common control.
Included in debtors are amounts of £900 (2019: £nil) due from Bottomless Brunch Ltd. The companies are related by common control.
9
Average number of employees
During the year the average number of employees was 7 (2019: 7).