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REGISTERED NUMBER: 04704468 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Rombalds Builders Limited

Rombalds Builders Limited (Registered number: 04704468)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Rombalds Builders Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: D Ettenfield





REGISTERED OFFICE: The Old Stoneyard
Alkincote Street
KEIGHLEY
West Yorkshire
BD21 5JT





REGISTERED NUMBER: 04704468 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Rombalds Builders Limited (Registered number: 04704468)

Statement of Financial Position
30 June 2023

30.6.23 30.6.22
Notes £    £   
FIXED ASSETS
Tangible assets 5 54,217 74,359
Investment property 6 67,500 67,500
121,717 141,859

CURRENT ASSETS
Stocks 5,688 1,899
Debtors 7 646,533 453,856
Cash at bank and in hand 268,054 405,182
920,275 860,937
CREDITORS
Amounts falling due within one year 8 (147,537 ) (159,041 )
NET CURRENT ASSETS 772,738 701,896
TOTAL ASSETS LESS CURRENT
LIABILITIES

894,455

843,755

PROVISIONS FOR LIABILITIES (9,532 ) (13,310 )
NET ASSETS 884,923 830,445

CAPITAL AND RESERVES
Called up share capital 33 33
Capital redemption reserve 67 67
Retained earnings 884,823 830,345
SHAREHOLDERS' FUNDS 884,923 830,445

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

Rombalds Builders Limited (Registered number: 04704468)

Statement of Financial Position - continued
30 June 2023



The financial statements were approved by the director and authorised for issue on 30 January 2024 and were signed by:





D Ettenfield - Director


Rombalds Builders Limited (Registered number: 04704468)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Rombalds Builders 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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.

Turnover
Turnover represents the net invoice value of goods and services provided.

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 - 10% on cost
Office furniture & equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Rombalds Builders Limited (Registered number: 04704468)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 16 ) .

5. TANGIBLE FIXED ASSETS
Office
Plant and furniture Motor Computer
machinery & equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2022 17,798 1,507 149,992 1,531 170,828
Additions - 1,200 - - 1,200
Disposals - - (26,866 ) - (26,866 )
At 30 June 2023 17,798 2,707 123,126 1,531 145,162
DEPRECIATION
At 1 July 2022 12,963 1,471 80,510 1,525 96,469
Charge for year 967 309 16,474 6 17,756
Eliminated on disposal - - (23,280 ) - (23,280 )
At 30 June 2023 13,930 1,780 73,704 1,531 90,945
NET BOOK VALUE
At 30 June 2023 3,868 927 49,422 - 54,217
At 30 June 2022 4,835 36 69,482 6 74,359

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022
and 30 June 2023 67,500
NET BOOK VALUE
At 30 June 2023 67,500
At 30 June 2022 67,500

The director has confirmed that the fair value of the property at 30 June 2022 was £67,500.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 45,164 119,434
Other debtors 578,404 317,052
Prepayments and accrued income 22,965 17,370
646,533 453,856

Rombalds Builders Limited (Registered number: 04704468)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 77,112 72,367
Corporate taxation 27,353 46,883
Social security and other taxes 39,376 36,427
Directors' current accounts 46 14
Accrued expenses 3,650 3,350
147,537 159,041

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the director.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Rombalds Builders Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rombalds Builders Limited for the year ended 30 June 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Rombalds Builders Limited in accordance with the terms of our engagement letter dated 1 September 2004. Our work has been undertaken solely to prepare for your approval the financial statements of Rombalds Builders Limited and state those matters that we have agreed to state to the director of Rombalds Builders Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rombalds Builders Limited and its director for our work or for this report.

It is your duty to ensure that Rombalds Builders Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rombalds Builders Limited. You consider that Rombalds Builders Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rombalds Builders Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


30 January 2024