Roman West Interiors Limited |
Registered number: |
05000677 |
Balance Sheet |
as at 31 December 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
3 |
|
|
42 |
|
Current assets |
Stocks |
|
|
88 |
|
|
88 |
Debtors |
4 |
|
26 |
|
|
68 |
Bank |
|
|
- |
|
|
7 |
|
|
|
114 |
|
|
163 |
|
Creditors: amounts falling due within one year |
5 |
|
(1,492) |
|
|
(1,039) |
|
Net current liabilities |
|
|
|
(1,378) |
|
|
(876) |
|
Total assets less current liabilities |
|
|
|
(1,375) |
|
|
(834) |
|
Creditors: amounts falling due after more than one year |
6 |
|
|
(12,500) |
|
|
(12,331) |
|
Net liabilities |
|
|
|
(13,875) |
|
|
(13,165) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
(13,975) |
|
|
(13,265) |
|
Shareholder's funds |
|
|
|
(13,875) |
|
|
(13,165) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Mr M Roberts |
Director |
Approved by the board on 21 August 2024 |
|
Roman West Interiors Limited |
Notes to the Accounts |
for the year ended 31 December 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax, of work carried out in respect of services provided to customers. Turnover is recognised when the work has been fully completed. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
7 years |
|
Motor vehicles |
5 years |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery |
|
Motor vehicles |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 January 2023 |
2,661 |
|
3,800 |
|
6,461 |
|
At 31 December 2023 |
2,661 |
|
3,800 |
|
6,461 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2023 |
2,619 |
|
3,800 |
|
6,419 |
|
Charge for the year |
39 |
|
- |
|
39 |
|
At 31 December 2023 |
2,658 |
|
3,800 |
|
6,458 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2023 |
3 |
|
- |
|
3 |
|
At 31 December 2022 |
42 |
|
- |
|
42 |
|
|
|
|
|
|
|
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
26 |
|
68 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Other creditors |
1,492 |
|
1,039 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans |
4,921 |
|
4,861 |
|
Other creditors |
7,579 |
|
7,470 |
|
|
|
|
|
|
12,500 |
|
12,331 |
|
|
|
|
|
|
|
|
|
|
7 |
Related party transactions |
|
|
Included in creditors due after one year is an amount of £7,579 (2022: £7,470) which is due to the director. |
|
|
8 |
Other information |
|
|
Roman West Interiors Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit 2 Bryer Ash Business Park |
|
Trowbridge |
|
Wiltshire |
|
BA14 8HE |