ROMEO ESTATES LIMITED Filleted accounts for Companies House (small and micro)
ROMEO ESTATES LIMITED Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
03014321
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Current assets
Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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-------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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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
;
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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 financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
24 June 2020
, and are signed on behalf of the board by:
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Director |
Company registration number:
03014321
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Notes to the Financial Statements |
Year ended 31 March 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
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:
Equipment |
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25
% reducing balance |
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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.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2018:
5
).
5.
Tangible assets
Equipment |
Total |
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£ |
£ |
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Cost |
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At 1 April 2018 and 31 March 2019 |
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Depreciation |
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At 1 April 2018 and 31 March 2019 |
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Carrying amount |
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At 31 March 2019 |
– |
– |
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At 31 March 2018 |
– |
– |
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6.
Debtors
2019 |
2018 |
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£ |
£ |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Corporation tax |
– |
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Sundry creditors and accruals |
291,196 |
304,897 |
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