Romsey786 Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08431344 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Romsey786 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr. M Ashraf Bajar

REGISTERED OFFICE:

Unit B

62 London Road

Southampton

Hampshire

SO15 2AH

REGISTERED NUMBER:

08431344 (England and Wales)

ACCOUNTANTS:

Thomas Croft Limited

Accountants And Taxation Consultants

Solent House

107a Alma Road

Portswood

Southampton

Hampshire

SO14 6UY

CURRENT ASSETS

Debtors

4

20,000

100,000

Cash at bank

127,700

32,596

147,700

132,596

CREDITORS

Amounts falling due within one year

5

7,713

5,404

NET CURRENT ASSETS

139,987

127,192

TOTAL ASSETS LESS CURRENT LIABILITIES

139,987

127,192

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

7

139,986

127,191

SHAREHOLDERS' FUNDS

139,987

127,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11 October 2023 and were signed by:

Mr. M Ashraf Bajar - Director

1.	STATUTORY INFORMATION

Romsey786 Limited is a private company, limited by shares , registered in England and Wales. 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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

20,000

-

Other debtors

-

100,000

20,000

100,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Corporation tax

3,440

3,732

Other creditors

13

13

Directors' current accounts

3,154

613

Accruals and deferred income

1,106

1,046

7,713

5,404

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

31.3.22

value:

£

£

1

Ordinary

1

1

1

7.

RESERVES

Retained

earnings

£

At 1 April 2022

127,191

Profit for the year

14,795

Dividends

(2,000

)

At 31 March 2023

139,986

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23

31.3.22

£

£

Mr. M Ashraf Bajar

Balance outstanding at start of year

(613

)

90,596

Amounts advanced

-

1,304

Amounts repaid

(2,541

)

(92,513

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,154

)

(613

)

9.	RELATED PARTY DISCLOSURES

The sales are to Mohammed Ashraf Bajar Children's Trust which is a discretionary trust for which the director is a trustee.