Company Registration No. 02080373 (England and Wales)
Roberto Developments Limited
Unaudited accounts
for the year ended 31 August 2023
Roberto Developments Limited
Unaudited accounts
Contents
Roberto Developments Limited
Company Information
for the year ended 31 August 2023
Directors
M Roberto
Miss E Roberto
Company Number
02080373 (England and Wales)
Registered Office
20 Stanford Drive
Maidstone
Kent
ME18 8TD
Accountants
Wiggins & Co, Chartered Accountants
The Old Stables, East Lenham Farm
Ashford Road, Lenham
Maidstone
Kent
ME17 2DP
Roberto Developments Limited
Accountants' report
Accountants' report to the board of directors of Roberto Developments Limited on the preparation of the unaudited statutory accounts for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Roberto Developments Limited for the year ended
31 August 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Roberto Developments Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Roberto Developments Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Roberto Developments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Roberto Developments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Roberto Developments Limited. You consider that Roberto Developments 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 accounts of Roberto Developments 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 accounts.
Wiggins & Co, Chartered Accountants
The Old Stables, East Lenham Farm
Ashford Road, Lenham
Maidstone
Kent
ME17 2DP
2 April 2024
Roberto Developments Limited
Statement of financial position
as at 31 August 2023
Tangible assets
385,002
385,002
Cash at bank and in hand
48,578
31,896
Creditors: amounts falling due within one year
(16,689)
(7,829)
Net current assets
34,781
26,959
Net assets
419,783
411,961
Called up share capital
3
3
Profit and loss account
419,780
411,958
Shareholders' funds
419,783
411,961
For the year ending 31 August 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 2 April 2024 and were signed on its behalf by
Miss E Roberto
Director
Company Registration No. 02080373
Roberto Developments Limited
Notes to the Accounts
for the year ended 31 August 2023
Roberto Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 02080373. The registered office is 20 Stanford Drive, Maidstone, Kent, ME18 8TD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents invoiced net sales.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation is charged as the Properties are held as investments and their value is greater than
4
Tangible fixed assets
Land & buildings
At 1 September 2022
385,002
Amounts falling due within one year
Roberto Developments Limited
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
12,097
6,040
Other creditors
5,007
2,672
Loans from directors
(3,307)
(3,775)
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
The Company is a close company.
The Directors control the company by virtue of their family owning 100% of the issued share capital.
All Dividends were paid to the Directors and their family.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).