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REGISTERED NUMBER: 03753394 (England and Wales)
























AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ROBERLO UK LIMITED

ROBERLO UK LIMITED (REGISTERED NUMBER: 03753394)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ROBERLO UK LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2023







DIRECTORS: J Juher
X Sague





REGISTERED OFFICE: Mill Street East
Dewsbury
West Yorkshire
WF12 9BQ





REGISTERED NUMBER: 03753394 (England and Wales)





INDEPENDENT AUDITORS: TC Group
31 High View Close
Hamilton Office Park
Leicester
Leicestershire
LE4 9LJ

ROBERLO UK LIMITED (REGISTERED NUMBER: 03753394)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 114,222 94,233

CURRENT ASSETS
Stocks 5 209,160 213,822
Debtors 6 300,774 281,270
Cash in hand 99,509 116,161
609,443 611,253
CREDITORS
Amounts falling due within one year 7 553,158 295,014
NET CURRENT ASSETS 56,285 316,239
TOTAL ASSETS LESS CURRENT LIABILITIES 170,507 410,472

CAPITAL AND RESERVES
Called up share capital 830 830
Share premium 629,429 629,429
Retained earnings (459,752 ) (219,787 )
170,507 410,472

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2024 and were signed on its behalf by:





J Juher - Director


ROBERLO UK LIMITED (REGISTERED NUMBER: 03753394)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023


1. STATUTORY INFORMATION

Roberlo UK 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 for the sale of goods in the ordinary course of the company's activities, excluding discounts, rebates, value added tax and other sales taxes.

The company recognises revenue when:
- The amount of revenue can be reliably measured;
- It is probable that future economic benefits will flow to the entity;
- And specific criteria have been met for each of the company's activities.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Other assets - 33% on cost

Tangible assets are stated in the statement of financial position as cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. Is stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


ROBERLO UK LIMITED (REGISTERED NUMBER: 03753394)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Going concern
The financial statements have been prepared on a going concern basis, the validity of which is dependent upon the continued financial support of Roberlo SAU, the parent undertaking. At the date of approval of these financial statements, Roberlo SAU has committed to support the company financially for the foreseeable future. Based on this undertaking, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Other
machinery fittings assets Totals
£    £    £    £   
COST
At 1 January 2023 187,762 16,094 6,828 210,684
Additions 64,389 - - 64,389
Disposals (6,842 ) (5,395 ) - (12,237 )
Reclassification/transfer 3,232 (6,439 ) 4,588 1,381
At 31 December 2023 248,541 4,260 11,416 264,217
DEPRECIATION
At 1 January 2023 93,680 16,094 6,677 116,451
Charge for year 43,129 88 268 43,485
Eliminated on disposal (5,927 ) (5,395 ) - (11,322 )
Reclassification/transfer 3,750 (6,527 ) 4,158 1,381
At 31 December 2023 134,632 4,260 11,103 149,995
NET BOOK VALUE
At 31 December 2023 113,909 - 313 114,222
At 31 December 2022 94,082 - 151 94,233

ROBERLO UK LIMITED (REGISTERED NUMBER: 03753394)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


5. STOCKS
2023 2022
£    £   
Goods for resale 176,421 213,822
Stock In Transit 32,739 -
209,160 213,822

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 280,474 221,438
Other debtors 17,366 43,686
Prepayments and accrued income 2,934 16,146
300,774 281,270

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 32,863 67,876
Amounts owed to group undertakings 367,559 86,491
Social security and other taxes 2,597 4,360
VAT 120,775 104,543
Other creditors 19,689 11,800
Wages and salaries 4,000 4,991
Accruals and deferred income 5,675 14,953
553,158 295,014

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 7,789 54,383
Between one and five years - 4,989
7,789 59,372

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Dilun Mistry FCA (Senior Statutory Auditor)
for and on behalf of TC Group

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

ROBERLO UK LIMITED (REGISTERED NUMBER: 03753394)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


11. ULTIMATE CONTROLLING PARTY

The company's immediate parent is Roberlo SAU, incorporated in Spain.

The company's ultimate parent is Briolf Group SA, incorporated in Spain.

These financial statement are available upon request from Ctra. N-II, km 706,5 17457 RIUDELLOTS DE LA SELVA (Girona) - SPAIN.