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REGISTERED NUMBER: 12271995 (England and Wales)













Financial Statements

for the Period

1 November 2021 to 28 February 2023

for

Aroldo Ltd

Aroldo Ltd (Registered number: 12271995)






Contents of the Financial Statements
for the Period 1 November 2021 to 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aroldo Ltd

Company Information
for the Period 1 November 2021 to 28 February 2023







DIRECTORS: S P Roe
Mrs W J Roe



REGISTERED OFFICE: Roe House
Boundary Lane
South Hykeham
LINCOLN
Lincolnshire
LN6 9NQ



REGISTERED NUMBER: 12271995 (England and Wales)



ACCOUNTANTS: Nicholsons
Chartered Accountants
Newland House
The Point
Weaver Road
LINCOLN
Lincolnshire
LN6 3QN



BANKERS: NatWest Bank Plc
225 High Street
LINCOLN
Lincolnshire
LN2 1AZ

Aroldo Ltd (Registered number: 12271995)

Balance Sheet
28 February 2023

2023 2021
Notes £    £   
CURRENT ASSETS
Debtors 4 8,250 8,385
Cash at bank 84,963 86,385
93,213 94,770
CREDITORS
Amounts falling due within one year 5 103,676 104,290
NET CURRENT LIABILITIES (10,463 ) (9,520 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,463

)

(9,520

)

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (10,473 ) (9,530 )
(10,463 ) (9,520 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Aroldo Ltd (Registered number: 12271995)

Balance Sheet - continued
28 February 2023


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 Board of Directors and authorised for issue on 20 November 2023 and were signed on its behalf by:





S P Roe - Director


Aroldo Ltd (Registered number: 12271995)

Notes to the Financial Statements
for the Period 1 November 2021 to 28 February 2023

1. STATUTORY INFORMATION

Aroldo Ltd 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.

Financial instruments
Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

Cash at bank is classified as a basic financial instrument and is measured at transaction price.

Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.

Taxation
Taxation for the period 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.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Aroldo Ltd (Registered number: 12271995)

Notes to the Financial Statements - continued
for the Period 1 November 2021 to 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2021 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
VAT - 135
Prepayments 8,250 8,250
8,250 8,385

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Trade creditors - 750
Directors' current accounts 103,006 103,006
Accrued expenses 670 534
103,676 104,290

6. RELATED PARTY DISCLOSURES

Included in creditors is a balance owed to directors of the company. At the end of the year the balance was £103,006 (2021: £103,006). The directors loans are interest free and unsecured.

7. GOING CONCERN

The directors confirm that having considered the expectations and intentions for the next 12 months the company is a going concern. The directors pledge to continue supporting the company.