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Company Registration No. 10758915 (England and Wales)
ROMA WINES LTD Unaudited accounts for the year ended 31 May 2024
ROMA WINES LTD Unaudited accounts Contents
Page
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ROMA WINES LTD Company Information for the year ended 31 May 2024
Director
Rashwinder Roshy
Company Number
10758915 (England and Wales)
Registered Office
55 PENDEFORD AVENUE WOLVERHAMPTON WV6 9EH ENGLAND
Accountants
Muhammad Idrees 462 Dudley Road BIRMINGHAM B18 4HF
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ROMA WINES LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
35,000 
35,000 
Tangible assets
1,795 
2,189 
36,795 
37,189 
Current assets
Inventories
132,000 
100,000 
Cash at bank and in hand
35,513 
24,589 
167,513 
124,589 
Creditors: amounts falling due within one year
(189,337)
(151,210)
Net current liabilities
(21,824)
(26,621)
Net assets
14,971 
10,568 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
14,970 
10,567 
Shareholders' funds
14,971 
10,568 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 23 October 2024 and were signed on its behalf by
Rashwinder Roshy Director Company Registration No. 10758915
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ROMA WINES LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
ROMA WINES LTD is a private company, limited by shares, registered in England and Wales, registration number 10758915. The registered office is 55 PENDEFORD AVENUE, WOLVERHAMPTON, WV6 9EH, ENGLAND.
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.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2023
35,000 
At 31 May 2024
35,000 
Amortisation
At 1 June 2023
- 
At 31 May 2024
- 
Net book value
At 31 May 2024
35,000 
At 31 May 2023
35,000 
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ROMA WINES LTD Notes to the Accounts for the year ended 31 May 2024
5
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2023
6,050 
At 31 May 2024
6,050 
Depreciation
At 1 June 2023
3,861 
Charge for the year
394 
At 31 May 2024
4,255 
Net book value
At 31 May 2024
1,795 
At 31 May 2023
2,189 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
29,509 
35,717 
VAT
909 
794 
Other creditors
2,564 
4,466 
Loans from directors
156,355 
110,233 
189,337 
151,210 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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