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Company Registration No. 04631463 (England and Wales)
Ronnix Limited Unaudited accounts for the year ended 31 January 2024
Ronnix Limited Unaudited accounts Contents
Page
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Ronnix Limited Company Information for the year ended 31 January 2024
Directors
Mr Lloyd Smith Mrs Desiree Smith
Secretary
Mr Lloyd Cornel Bennet Smith
Company Number
04631463 (England and Wales)
Registered Office
67 Providence Park Southampton England S0167QW
Accountants
Cone Accounting Limited 124 City Road London EC1V 2NX
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Ronnix Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,337 
3,637 
Current assets
Cash at bank and in hand
3,585 
5,518 
Creditors: amounts falling due within one year
(3,928)
(2,303)
Net current (liabilities)/assets
(343)
3,215 
Net assets
1,994 
6,852 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,894 
6,752 
Shareholders' funds
1,994 
6,852 
For the year ending 31 January 2024 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 26 July 2024 and were signed on its behalf by
Mr Lloyd Smith Director Company Registration No. 04631463
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Ronnix Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Ronnix Limited is a private company, limited by shares, registered in England and Wales, registration number 04631463. The registered office is 67 Providence Park, Southampton, England, S0167QW.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Fixtures & fittings
15% Straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Ronnix Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
34,017 
7,846 
41,863 
At 31 January 2024
34,017 
7,846 
41,863 
Depreciation
At 1 February 2023
31,182 
7,044 
38,226 
Charge for the year
959 
341 
1,300 
At 31 January 2024
32,141 
7,385 
39,526 
Net book value
At 31 January 2024
1,876 
461 
2,337 
At 31 January 2023
2,835 
802 
3,637 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
1,362 
Taxes and social security
(1,709)
10,612 
Other creditors
2,084 
265 
Loans from directors
3,553 
(9,936)
3,928 
2,303 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 2 (2023: 3).
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