Romex World Limited - Accounts to registrar (filleted) - small 23.2.5

Romex World Limited - Accounts to registrar (filleted) - small 23.2.5

ROMEX WORLD LIMITED - Company Information

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REGISTERED NUMBER: 06665041











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

ROMEX WORLD LIMITED









ROMEX WORLD LIMITED (REGISTERED NUMBER: 06665041)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROMEX WORLD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTOR: W S Fattal





REGISTERED OFFICE: Hill House
1 Little New Street
London
EC3A 4TR





REGISTERED NUMBER: 06665041





Page 1
ROMEX WORLD LIMITED (REGISTERED NUMBER: 06665041)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 11,637,196 11,451,577
Tangible assets 5 12 1,751
11,637,208 11,453,328

CURRENT ASSETS
Debtors 6 32,026 28,558
Cash at bank 990 2,692
33,016 31,250
CREDITORS
Amounts falling due within one year 7 11,413,975 11,240,439
NET CURRENT LIABILITIES (11,380,959 ) (11,209,189 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
256,249
244,139

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 256,149 244,039
SHAREHOLDERS' FUNDS 256,249 244,139

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 notes form part of these financial statements

Page 2 continued...
ROMEX WORLD LIMITED (REGISTERED NUMBER: 06665041)

BALANCE SHEET - continued
31 DECEMBER 2022


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 20 December 2023 and were signed by:





W S Fattal - Director


The notes form part of these financial statements

Page 3
ROMEX WORLD LIMITED (REGISTERED NUMBER: 06665041)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022


1. STATUTORY INFORMATION

Romex World Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Intangible fixed assets
Expenditure on development is capitalised and will be amortised when such costs are matched by future revenues.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Computer software which was transferred from fellow subsidiary, Bluecom Group Limited, at 31 December 2009, is depreciated at 33.33% of its net book value at transfer date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2022 11,451,577
Additions 185,619
At 31 December 2022 11,637,196
NET BOOK VALUE
At 31 December 2022 11,637,196
At 31 December 2021 11,451,577

Page 4 continued...
ROMEX WORLD LIMITED (REGISTERED NUMBER: 06665041)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022
and 31 December 2022 41,250
DEPRECIATION
At 1 January 2022 39,499
Charge for year 1,739
At 31 December 2022 41,238
NET BOOK VALUE
At 31 December 2022 12
At 31 December 2021 1,751

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 445 432
Other debtors 31,581 28,126
32,026 28,558

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 16,071 9,904
Amounts owed to Citylink Group Limited 11,183,311 10,976,950
Taxation and social security 1,186 1,246
Other creditors 213,407 252,339
11,413,975 11,240,439

8. PARENT COMPANY AND ULTIMATE CONTROLLER

The company's parent company is Citylink Group Limited. Control of Citylink Group Limited rests with the trustees of overseas trusts.

Page 5