Registered number: 11944914 | ||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||
Prepared By: | ||||||||
JAN G GROMADZKI | ||||||||
CHARTERED ACCOUNTANT | ||||||||
13 WOLVERHAMPTON ROAD | ||||||||
CODSALL | ||||||||
WOLVERHAMPTON | ||||||||
WEST MIDLANDS | ||||||||
WV8 1PT |
ROPOS PROPERTIES LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
WEST MIDLANDS | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 11944914 | ||||||||
BANKERS | ||||||||
BARCLAYS BANK plc | ||||||||
ACCOUNTANTS | ||||||||
JAN G GROMADZKI | ||||||||
CHARTERED ACCOUNTANT | ||||||||
13 WOLVERHAMPTON ROAD | ||||||||
CODSALL | ||||||||
WOLVERHAMPTON | ||||||||
WEST MIDLANDS | ||||||||
WV8 1PT |
ROPOS PROPERTIES LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
ROPOS PROPERTIES LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
189 | 198 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (64,210) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 94,550 | 105,938 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 2,093 | 2,009 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
ROPOS PROPERTIES LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
The company is in a net current liability position of £ 71,869 as at 31 March 2024. However the director has given assurances that he will not draw on his loan account of £ 53,593 for at least twelve months from the date that the balance sheet was signed. The director has given further assurances to the company that he will introduce additional monies, should it be required, in order for the company to be able to pay its debts as they fall due. On this basis the financial statements have been prepared on the going concern basis. |
1c. Depreciation | ||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. | ||||||||
Land And Buildings | straight line2% |
2. EMPLOYEES | ||||||||
2024 | 2023 | |||||||
No. | No. | |||||||
Average number of employees | 1 | |||||||
Key management personnel is restricted to that of the director. | ||||||||
ROPOS PROPERTIES LTD | ||||||||
3. TANGIBLE FIXED ASSETS | ||||
Land And | ||||
Buildings | Total | |||
£ | £ | |||
Cost | ||||
At 01/04/2023 | 182,247 | 182,247 | ||
At 31/03/2024 | 182,247 | 182,247 | ||
Depreciation | ||||
At 01/04/2023 | 9,990 | 9,990 | ||
For the year | 3,645 | 3,645 | ||
At 31/03/2024 | 13,635 | 13,635 | ||
Net Book Amounts | ||||
At 31/03/2024 | 168,612 | |||
At 31/03/2023 | 172,257 | |||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Prepayments | 88 | 8 | ||||||
88 | 8 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 3,495 | 2,386 | ||||||
Directors current account | 53,593 | 52,148 | ||||||
Trade creditors | 1,833 | 1,359 | ||||||
Other creditors | 7,077 | 6,700 | ||||||
Accruals | 2,310 | 1,815 | ||||||
Oxley Stationers & Printers Limited | 3,750 | - | ||||||
72,058 | 64,408 | |||||||
ROPOS PROPERTIES LTD | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Barclays Bank plc loan (secured) >1yr | 94,550 | 105,938 | ||||||
94,550 | 105,938 | |||||||
7. SECURED CREDITORS | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Amount of bank loans and overdrafts which are secured | 94,550 | 105,938 | ||||||
The bank loan is secured on the freehold property included in these accounts at a net book value of £ 168,612. | ||||||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
9. CONTROLLING PARTY | ||||||||
The company is wholly owned by the director Mr C Ropos. | ||||||||
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||
11. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY | ||||||||
The company is principally involved in the ownership, rental and maintenance of property. | ||||||||
ROPOS PROPERTIES LTD | ||||||||
12. GENERAL INFORMATION | ||||||||
Ropos Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT. | ||||||||
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company. | ||||||||