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REGISTERED NUMBER: 04332527 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

ROI Group Limited

ROI Group Limited (Registered number: 04332527)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ROI Group Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D Worsley
Mrs F B Worsley





SECRETARY: Mrs F B Worsley





REGISTERED OFFICE: Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ





REGISTERED NUMBER: 04332527 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

ROI Group Limited (Registered number: 04332527)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 25,675 35,490

CURRENT ASSETS
Stocks 16,750 17,900
Debtors 6 2,658 3,606
Cash at bank and in hand 37,584 34,345
56,992 55,851
CREDITORS
Amounts falling due within one year 7 29,169 27,735
NET CURRENT ASSETS 27,823 28,116
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,498

63,606

CREDITORS
Amounts falling due after more than one
year

8

(8,685

)

(12,382

)

PROVISIONS FOR LIABILITIES (4,879 ) (6,806 )
NET ASSETS 39,934 44,418

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 39,932 44,416
SHAREHOLDERS' FUNDS 39,934 44,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ROI Group Limited (Registered number: 04332527)

Statement of Financial Position - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:





D Worsley - Director


ROI Group Limited (Registered number: 04332527)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

ROI Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services and materials, excluding value added tax.

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 - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

ROI Group Limited (Registered number: 04332527)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 33,251 1,916 35,662 5,314 76,143
Additions 2,107 - - 241 2,348
At 31 March 2024 35,358 1,916 35,662 5,555 78,491
DEPRECIATION
At 1 April 2023 19,304 1,651 14,926 4,772 40,653
Charge for year 4,890 234 6,671 368 12,163
At 31 March 2024 24,194 1,885 21,597 5,140 52,816
NET BOOK VALUE
At 31 March 2024 11,164 31 14,065 415 25,675
At 31 March 2023 13,947 265 20,736 542 35,490

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 12 1,006
Other debtors 2,031 2,031
Tax - 8
Prepayments 615 561
2,658 3,606

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 3,696 3,696
Trade creditors 5,477 4,478
Tax 3,996 -
Social security and other taxes 1,089 782
VAT 5,069 5,302
Other creditors 6,561 10,890
Directors' current accounts 1,343 1,247
Accrued expenses 1,938 1,340
29,169 27,735

ROI Group Limited (Registered number: 04332527)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 8,685 12,382