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REGISTERED NUMBER: 08938471 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Roaming Innovation Limited

Roaming Innovation Limited (Registered number: 08938471)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Roaming Innovation Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: H J Grimes
S P Evans





REGISTERED OFFICE: 30 Bankside Court
Stationfields
Kidlington
Oxford
Oxfordshire
OX5 1JE





REGISTERED NUMBER: 08938471 (England and Wales)





ACCOUNTANTS: Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Roaming Innovation Limited

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors 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 Roaming Innovation Limited for the year ended 31 March 2024 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Roaming Innovation Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Roaming Innovation Limited and state those matters that we have agreed to state to the Board of Directors of Roaming Innovation Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Roaming Innovation 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 Roaming Innovation Limited. You consider that Roaming Innovation 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 Roaming Innovation 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.






Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE


Date: .............................................

Roaming Innovation Limited (Registered number: 08938471)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,722 69,290

CURRENT ASSETS
Stocks 851 1,053
Debtors 5 116,188 219,517
Cash at bank 662,817 830,820
779,856 1,051,390
CREDITORS
Amounts falling due within one year 6 (343,755 ) (530,052 )
NET CURRENT ASSETS 436,101 521,338
TOTAL ASSETS LESS CURRENT
LIABILITIES

440,823

590,628

CAPITAL AND RESERVES
Called up share capital 1,039 1,312
Share premium 7 205,095 205,095
Capital redemption reserve 7 273 -
Retained earnings 7 234,416 384,221
440,823 590,628

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Roaming Innovation Limited (Registered number: 08938471)

Balance Sheet - continued
31 March 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:





S P Evans - Director


Roaming Innovation Limited (Registered number: 08938471)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Roaming Innovation 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 50% on cost

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

Taxation
A current tax liability is recognised for the tax payable on the taxable profit and a current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Current tax assets and liabilities are not discounted.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Roaming Innovation Limited (Registered number: 08938471)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 193,622
Disposals (58,844 )
At 31 March 2024 134,778
DEPRECIATION
At 1 April 2023 124,332
Charge for year 37,307
Eliminated on disposal (31,583 )
At 31 March 2024 130,056
NET BOOK VALUE
At 31 March 2024 4,722
At 31 March 2023 69,290

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 108,889 187,868
Other debtors 7,299 31,649
116,188 219,517

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 41,999 226,948
Taxation and social security 136,928 22,264
Other creditors 164,828 280,840
343,755 530,052

Roaming Innovation Limited (Registered number: 08938471)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. RESERVES
Capital
Retained Share redemption
earnings premium reserve Totals
£    £    £    £   

At 1 April 2023 384,221 205,095 - 589,316
Profit for the year 198,756 198,756
Dividends (250,000 ) (250,000 )
Purchase of own shares (98,561 ) - 273 (98,288 )
At 31 March 2024 234,416 205,095 273 439,784