Abbreviated Company Accounts - ROMEWAY LIMITED

Abbreviated Company Accounts - ROMEWAY LIMITED


Registered Number 04836488

ROMEWAY LIMITED

Abbreviated Accounts

31 December 2014

ROMEWAY LIMITED Registered Number 04836488

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Current assets
Debtors - 119
- 119
Creditors: amounts falling due within one year (32,165) (32,455)
Net current assets (liabilities) (32,165) (32,336)
Total assets less current liabilities (32,165) (32,336)
Total net assets (liabilities) (32,165) (32,336)
Capital and reserves
Called up share capital 2 1 1
Profit and loss account (32,166) (32,337)
Shareholders' funds (32,165) (32,336)
  • For the year ending 31 December 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 September 2015

And signed on their behalf by:
D R Cook, Director

ROMEWAY LIMITED Registered Number 04836488

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
ACCOUNTING POLICIES

Accounting convention:
The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1:
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

Compliance with accounting standards:
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

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

Foreign currencies:
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern:
The financial statements are prepared on the basis of the going concern, which assumes that the company will be in operational existence for the foreseeable future. This depends upon continued support of the shareholders. The financial statements do not include any adjustments that would result if such support is withdrawn.

Other accounting policies
CONTROL :
The director is unable to identify the ultimate controlling parties or any related party transactions.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1