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Company Registration No. 08975348 (England and Wales)
Ronnet Ltd Unaudited accounts for the year ended 31 March 2023
Ronnet Ltd Unaudited accounts Contents
Page
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Ronnet Ltd Company Information for the year ended 31 March 2023
Directors
Ronald Chiti Richard Chiti Ralph Chiti
Company Number
08975348 (England and Wales)
Registered Office
20 Seymour Road St. Albans Hertfordshire AL3 5HW
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Ronnet Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
277,533 
143,203 
Creditors: amounts falling due within one year
(279,272)
(159,982)
Net current liabilities
(1,739)
(16,779)
Net liabilities
(1,739)
(16,779)
Capital and reserves
Called up share capital
6 
6 
Profit and loss account
(1,745)
(16,785)
Shareholders' funds
(1,739)
(16,779)
For the year ending 31 March 2023 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 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 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 of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by
Richard Chiti Director Company Registration No. 08975348
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Ronnet Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Ronnet Ltd is a private company, limited by shares, registered in England and Wales, registration number 08975348. The registered office is 20 Seymour Road, St. Albans, Hertfordshire, AL3 5HW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(231)
(6,734)
Trade creditors
- 
6,203 
Taxes and social security
- 
1,449 
Proposed dividends
76,400 
- 
Other creditors
90,168 
87,960 
Loans from directors
112,935 
71,104 
279,272 
159,982 
Creditors consists of directors loans, other short term loan, unpaid dividends and payroll taxes
5
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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