Company Registration No. 09982081 (England and Wales)
Romax Contractors Ltd
Unaudited accounts
for the year ended 29 February 2024
Romax Contractors Ltd
Unaudited accounts
Contents
Romax Contractors Ltd
Company Information
for the year ended 29 February 2024
Company Number
09982081 (England and Wales)
Registered Office
Suite 310D
Sterling House
Langston Road
Loughton
Essex
IG10 3TS
England
Accountants
Capital Talks LLP
Accountants & Tax consultants
310D - EW Sterling House
Langston Road
Loughton
IG10 3TS
Romax Contractors Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
49,778
75,508
Cash at bank and in hand
126,787
122,935
Creditors: amounts falling due within one year
(113,844)
(147,237)
Net current assets
159,523
107,702
Net assets
209,301
183,210
Called up share capital
100
100
Profit and loss account
209,201
183,110
Shareholders' funds
209,301
183,210
For the year ending 29 February 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 15 November 2024 and were signed on its behalf by
Roman Khimchak
Director
Company Registration No. 09982081
Romax Contractors Ltd
Notes to the Accounts
for the year ended 29 February 2024
Romax Contractors Ltd is a private company, limited by shares, registered in England and Wales, registration number 09982081. The registered office is Suite 310D, Sterling House, Langston Road, Loughton, Essex, IG10 3TS, England.
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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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% on cost.
Motor vehicles
25% on cost.
Computer equipment
33% on cost.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
84,551
37,043
10,661
132,255
At 29 February 2024
89,149
37,043
10,661
136,853
At 1 March 2023
19,554
30,187
7,006
56,747
Charge for the year
13,211
14,775
2,342
30,328
At 29 February 2024
32,765
44,962
9,348
87,075
At 29 February 2024
56,384
(7,919)
1,313
49,778
At 28 February 2023
64,997
6,856
3,655
75,508
Romax Contractors Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
62,891
62,890
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
5,109
8,090
Taxes and social security
25,632
44,042
Loans from directors
46,684
17,878
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
At 29 February 2024 the company owed £46,684.15 to director as a result of loans made to the company. The loans are unsecured and interest free.
The director R. Khimchak controls the company as a result of controlling directly or indirectly 100% of the issued share capital.
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Average number of employees
During the year the average number of employees was 3 (2023: 3).