2023-04-012024-03-312024-03-31false07639122SRO PARTNER LTD2024-11-2282990iso4217:GBPxbrli:pure076391222023-04-01076391222024-03-31076391222023-04-012024-03-31076391222022-04-01076391222023-03-31076391222022-04-012023-03-3107639122bus:SmallEntities2023-04-012024-03-3107639122bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3107639122bus:FullAccounts2023-04-012024-03-3107639122bus:PrivateLimitedCompanyLtd2023-04-012024-03-3107639122core:WithinOneYear2024-03-3107639122core:AfterOneYear2024-03-3107639122core:WithinOneYear2023-03-3107639122core:AfterOneYear2023-03-3107639122core:ShareCapital2024-03-3107639122core:SharePremium2024-03-3107639122core:RevaluationReserve2024-03-3107639122core:OtherReservesSubtotal2024-03-3107639122core:RetainedEarningsAccumulatedLosses2024-03-3107639122core:ShareCapital2023-03-3107639122core:SharePremium2023-03-3107639122core:RevaluationReserve2023-03-3107639122core:OtherReservesSubtotal2023-03-3107639122core:RetainedEarningsAccumulatedLosses2023-03-3107639122core:LandBuildings2024-03-3107639122core:PlantMachinery2024-03-3107639122core:Vehicles2024-03-3107639122core:FurnitureFittings2024-03-3107639122core:OfficeEquipment2024-03-3107639122core:NetGoodwill2024-03-3107639122core:IntangibleAssetsOtherThanGoodwill2024-03-3107639122core:ListedExchangeTraded2024-03-3107639122core:UnlistedNon-exchangeTraded2024-03-3107639122core:LandBuildings2023-03-3107639122core:PlantMachinery2023-03-3107639122core:Vehicles2023-03-3107639122core:FurnitureFittings2023-03-3107639122core:OfficeEquipment2023-03-3107639122core:NetGoodwill2023-03-3107639122core:IntangibleAssetsOtherThanGoodwill2023-03-3107639122core:ListedExchangeTraded2023-03-3107639122core:UnlistedNon-exchangeTraded2023-03-3107639122core:LandBuildings2023-04-012024-03-3107639122core:PlantMachinery2023-04-012024-03-3107639122core:Vehicles2023-04-012024-03-3107639122core:FurnitureFittings2023-04-012024-03-3107639122core:OfficeEquipment2023-04-012024-03-3107639122core:NetGoodwill2023-04-012024-03-3107639122core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107639122core:ListedExchangeTraded2023-04-012024-03-3107639122core:UnlistedNon-exchangeTraded2023-04-012024-03-3107639122core:MoreThanFiveYears2023-04-012024-03-3107639122core:Non-currentFinancialInstruments2024-03-3107639122core:Non-currentFinancialInstruments2023-03-3107639122dpl:CostSales2023-04-012024-03-3107639122dpl:DistributionCosts2023-04-012024-03-3107639122core:LandBuildings2023-04-012024-03-3107639122core:PlantMachinery2023-04-012024-03-3107639122core:Vehicles2023-04-012024-03-3107639122core:FurnitureFittings2023-04-012024-03-3107639122core:OfficeEquipment2023-04-012024-03-3107639122dpl:AdministrativeExpenses2023-04-012024-03-3107639122core:NetGoodwill2023-04-012024-03-3107639122core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107639122dpl:GroupUndertakings2023-04-012024-03-3107639122dpl:ParticipatingInterests2023-04-012024-03-3107639122dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3107639122core:ListedExchangeTraded2023-04-012024-03-3107639122dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3107639122core:UnlistedNon-exchangeTraded2023-04-012024-03-3107639122dpl:CostSales2022-04-012023-03-3107639122dpl:DistributionCosts2022-04-012023-03-3107639122core:LandBuildings2022-04-012023-03-3107639122core:PlantMachinery2022-04-012023-03-3107639122core:Vehicles2022-04-012023-03-3107639122core:FurnitureFittings2022-04-012023-03-3107639122core:OfficeEquipment2022-04-012023-03-3107639122dpl:AdministrativeExpenses2022-04-012023-03-3107639122core:NetGoodwill2022-04-012023-03-3107639122core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107639122dpl:GroupUndertakings2022-04-012023-03-3107639122dpl:ParticipatingInterests2022-04-012023-03-3107639122dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3107639122core:ListedExchangeTraded2022-04-012023-03-3107639122dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3107639122core:UnlistedNon-exchangeTraded2022-04-012023-03-3107639122core:NetGoodwill2024-03-3107639122core:IntangibleAssetsOtherThanGoodwill2024-03-3107639122core:LandBuildings2024-03-3107639122core:PlantMachinery2024-03-3107639122core:Vehicles2024-03-3107639122core:FurnitureFittings2024-03-3107639122core:OfficeEquipment2024-03-3107639122core:AfterOneYear2024-03-3107639122core:WithinOneYear2024-03-3107639122core:ListedExchangeTraded2024-03-3107639122core:UnlistedNon-exchangeTraded2024-03-3107639122core:ShareCapital2024-03-3107639122core:SharePremium2024-03-3107639122core:RevaluationReserve2024-03-3107639122core:OtherReservesSubtotal2024-03-3107639122core:RetainedEarningsAccumulatedLosses2024-03-3107639122core:NetGoodwill2023-03-3107639122core:IntangibleAssetsOtherThanGoodwill2023-03-3107639122core:LandBuildings2023-03-3107639122core:PlantMachinery2023-03-3107639122core:Vehicles2023-03-3107639122core:FurnitureFittings2023-03-3107639122core:OfficeEquipment2023-03-3107639122core:AfterOneYear2023-03-3107639122core:WithinOneYear2023-03-3107639122core:ListedExchangeTraded2023-03-3107639122core:UnlistedNon-exchangeTraded2023-03-3107639122core:ShareCapital2023-03-3107639122core:SharePremium2023-03-3107639122core:RevaluationReserve2023-03-3107639122core:OtherReservesSubtotal2023-03-3107639122core:RetainedEarningsAccumulatedLosses2023-03-3107639122core:NetGoodwill2022-04-0107639122core:IntangibleAssetsOtherThanGoodwill2022-04-0107639122core:LandBuildings2022-04-0107639122core:PlantMachinery2022-04-0107639122core:Vehicles2022-04-0107639122core:FurnitureFittings2022-04-0107639122core:OfficeEquipment2022-04-0107639122core:AfterOneYear2022-04-0107639122core:WithinOneYear2022-04-0107639122core:ListedExchangeTraded2022-04-0107639122core:UnlistedNon-exchangeTraded2022-04-0107639122core:ShareCapital2022-04-0107639122core:SharePremium2022-04-0107639122core:RevaluationReserve2022-04-0107639122core:OtherReservesSubtotal2022-04-0107639122core:RetainedEarningsAccumulatedLosses2022-04-0107639122core:AfterOneYear2023-04-012024-03-3107639122core:WithinOneYear2023-04-012024-03-3107639122core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3107639122core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3107639122core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3107639122core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3107639122core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3107639122core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3107639122core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3107639122core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3107639122core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3107639122core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3107639122core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3107639122core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3107639122core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3107639122core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3107639122core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3107639122core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3107639122core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3107639122core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3107639122core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3107639122core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3107639122core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3107639122core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3107639122core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3107639122core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3107639122core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3107639122core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3107639122core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3107639122bus:Director12023-04-012024-03-31

SRO PARTNER LTD

Registered Number
07639122
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

SRO PARTNER LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

OLIVER, Stephen Richard

Registered Address

31 Connaught Way
Alton
GU34 1UB

Registered Number

07639122 (England and Wales)
SRO PARTNER LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets350,00050,000
50,00050,000
Current assets
Cash at bank and on hand3538
3538
Creditors amounts falling due within one year5(6,695)(5,511)
Net current assets (liabilities)(6,692)(4,973)
Total assets less current liabilities43,30845,027
Creditors amounts falling due after one year6(23,782)(41,951)
Net assets19,5263,076
Capital and reserves
Called up share capital33
Profit and loss account19,5233,073
Shareholders' funds19,5263,076
The financial statements were approved and authorised for issue by the Director on 22 November 2024, and are signed on its behalf by:
OLIVER, Stephen Richard
Director
Registered Company No. 07639122
SRO PARTNER LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
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 (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Office Equipment20
Related parties
For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 April 2350,00050,000
At 31 March 2450,00050,000
Net book value
At 31 March 2450,00050,000
At 31 March 2350,00050,000
4.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 April 23467467
At 31 March 24467467
Depreciation and impairment
At 01 April 23467467
At 31 March 24467467
Net book value
At 31 March 24--
At 31 March 23--
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-85
Bank borrowings and overdrafts2,0024,424
Taxation and social security4,093401
Accrued liabilities and deferred income600601
Total6,6955,511
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts23,78241,951
Total23,78241,951
7.Related party transactions
The company is a member of Elizabeth Johnson Organisation LLP, a limited liability partnership. At the year end the company owed Elizabeth Johnson Organisation £23,782 (2023 - £41,951).
8.Controlling party
Mr S Oliver is the controlling party of the company.