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REGISTERED NUMBER: 03184733 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Roman Property Limited

Roman Property Limited (Registered number: 03184733)

Contents of the Financial Statements
for the year ended 31 July 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Roman Property Limited

Company Information
for the year ended 31 July 2023







Directors: J Reilly
Mrs L Powell





Secretary: J Reilly





Registered office: 17 Highfields
Ashstead
Surrey
KT21 2NL





Registered number: 03184733 (England and Wales)





Accountants: Acre Accountancy Limited
Unit 2 Foley Works
Foley Industrial Estate
Hereford
Herefordshire
HR1 2SF

Roman Property Limited (Registered number: 03184733)

Abridged Balance Sheet
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 5 123,094 34,104
Investment property 6 942,615 942,615
1,065,709 976,719

CURRENT ASSETS
Cash at bank 277,339 344,659

CREDITORS
Amounts falling due within one year (19,715 ) (18,081 )
NET CURRENT ASSETS 257,624 326,578
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,323,333

1,303,297

CAPITAL AND RESERVES
Called up share capital 7 150 150
Capital redemption reserve 50 50
Retained earnings 1,323,133 1,303,097
SHAREHOLDERS' FUNDS 1,323,333 1,303,297

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Roman Property Limited (Registered number: 03184733)

Abridged Balance Sheet - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:




J Reilly - Director



Mrs L Powell - Director


Roman Property Limited (Registered number: 03184733)

Notes to the Financial Statements
for the year ended 31 July 2023


1. STATUTORY INFORMATION

Roman Property 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income from investment properties.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 year 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Roman Property Limited (Registered number: 03184733)

Notes to the Financial Statements - continued
for the year ended 31 July 2023


5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
Cost or valuation
At 1 August 2022 34,104
Additions 100,046
Revaluations (11,056 )
At 31 July 2023 123,094
Net book value
At 31 July 2023 123,094
At 31 July 2022 34,104

Cost or valuation at 31 July 2023 is represented by:
Totals
£   
Valuation in 2022 (44,474 )
Valuation in 2023 (10,691 )
Cost 178,259
123,094

The investment portfolio was revalued on 31 July 2023 by Hargreaves Lansdown.

6. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 August 2022
and 31 July 2023 942,615
Net book value
At 31 July 2023 942,615
At 31 July 2022 942,615

Investment properties are valued by the directors at fair value. The directors consider that, as at the balance sheet date, the cost of investment properties approximated to their fair values.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
150 Ordinary £1 150 150