Company Registration No. 03741776 (England and Wales)
RONANDOS LIMITED
Unaudited accounts
for the year ended 31 March 2024
RONANDOS LIMITED
Unaudited accounts
Contents
RONANDOS LIMITED
Company Information
for the year ended 31 March 2024
Directors
Miss J Poma
Mr R Poma
Company Number
03741776 (England and Wales)
Registered Office
9 LONG LANE
BEVERLEY
EAST YORKSHIRE
HU17 0NJ
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
RONANDOS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
20,432
11,810
Cash at bank and in hand
5,301
3,773
Creditors: amounts falling due within one year
(46,825)
(40,629)
Net current liabilities
(38,774)
(30,722)
Total assets less current liabilities
(18,342)
(18,912)
Creditors: amounts falling due after more than one year
(6,667)
(11,667)
Net liabilities
(25,009)
(30,579)
Called up share capital
100
100
Profit and loss account
(25,109)
(30,679)
Shareholders' funds
(25,009)
(30,579)
For the year ending 31 March 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 6 September 2024 and were signed on its behalf by
Mr R Poma
Director
Company Registration No. 03741776
RONANDOS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
RONANDOS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03741776. The registered office is 9 LONG LANE, BEVERLEY, EAST YORKSHIRE, HU17 0NJ.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is amortised over 5 years straight line.
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:
Motor vehicles
25% on a reducing balance
Fixtures & fittings
20% on a reducing balance
Whilst the company is insolvent, its major creditor are the directors. As they have stated their willingness to support the company financially, the accounts have been prepared on the going concern basis.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
RONANDOS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
4
Intangible fixed assets
Other
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
6,150
54,870
61,020
At 31 March 2024
6,150
68,775
74,925
At 1 April 2023
3,338
45,872
49,210
Charge for the year
703
4,580
5,283
At 31 March 2024
4,041
50,452
54,493
At 31 March 2024
2,109
18,323
20,432
At 31 March 2023
2,812
8,998
11,810
Amounts falling due within one year
Accrued income and prepayments
-
3,634
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,000
5,000
Taxes and social security
2,336
1,939
Other creditors
9,393
6,319
Loans from directors
15,393
20,262
RONANDOS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 15 (2023: 13).