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REGISTERED NUMBER: OC384637 (England and Wales)















REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

ROMA INVESTMENTS LLP

ROMA INVESTMENTS LLP (REGISTERED NUMBER: OC384637)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


ROMA INVESTMENTS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DESIGNATED MEMBERS: Ms J Bray
Janet Bray Ltd





REGISTERED OFFICE: 69 Seafield Road
Hove
East Sussex
BN3 2TN





REGISTERED NUMBER: OC384637 (England and Wales)





ACCOUNTANTS: Xeinadin
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH

ROMA INVESTMENTS LLP (REGISTERED NUMBER: OC384637)

REPORT OF THE MEMBERS
FOR THE YEAR ENDED 30 APRIL 2024

The members present their report with the financial statements of the LLP for the year ended 30 April 2024.

PRINCIPAL ACTIVITY
Property management and development

DESIGNATED MEMBERS
The designated members during the year under review were:

Ms J Bray
Janet Bray Ltd

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £14,182 (2023 - £8,782 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Ms J Bray - Designated member


22 January 2025

ROMA INVESTMENTS LLP (REGISTERED NUMBER: OC384637)

INCOME STATEMENT
FOR THE YEAR ENDED 30 APRIL 2024

2024 2023
£    £   

TURNOVER 95,103 103,554

Cost of sales 2,963 5,401
GROSS PROFIT 92,140 98,153

Administrative expenses 20,146 28,816
OPERATING PROFIT 71,994 69,337

Interest receivable and similar income 518 211
72,512 69,548

Interest payable and similar expenses 58,330 78,330
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS





14,182





(8,782





)

ROMA INVESTMENTS LLP (REGISTERED NUMBER: OC384637)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,070,127 2,070,127

CURRENT ASSETS
Debtors 5 13,377 34,910
Cash at bank 6,669 14,421
20,046 49,331
CREDITORS
Amounts falling due within one year 6 1,320 5,745
NET CURRENT ASSETS 18,726 43,586
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,088,853

2,113,713

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

2,263,640

2,288,500

MEMBERS' OTHER INTERESTS
Other reserves (174,787 ) (174,787 )
2,088,853 2,113,713

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 2,263,640 2,288,500
Members' other interests (174,787 ) (174,787 )
Amounts due from members 5 (8,706 ) (31,582 )
2,080,147 2,082,131

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 30 April 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

ROMA INVESTMENTS LLP (REGISTERED NUMBER: OC384637)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 22 January 2025 and were signed by:





Ms J Bray - Designated member

ROMA INVESTMENTS LLP (REGISTERED NUMBER: OC384637)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Roma Investments LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 May 2023
and 30 April 2024 2,070,127
NET BOOK VALUE
At 30 April 2024 2,070,127
At 30 April 2023 2,070,127

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 13,377 34,910

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to participating interests - 1
Other creditors 1,320 5,744
1,320 5,745

ROMA INVESTMENTS LLP (REGISTERED NUMBER: OC384637)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Loans from members 2,248,500 2,288,500
Amounts owed to members in respect of profits 15,140 -
2,263,640 2,288,500

Falling due within one year 2,263,640 2,288,500

J B Ltd - £1,388,768.20

Ms.J Bray - £871,617.31

8. RELATED PARTY DISCLOSURES

Related party transactions

Summary of transactions with other related parties

Loans from related parties
Janet Bray Limited
During the year Janet Bray Limited made no additional loans to Roma Investments.
At the year end an amount of £ 1,449,945.48 was outstanding.

Janet Bray
During the year Janet Bray made no additional loans to Roma Investments.
At the year end an amount of £798,554.02 was outstanding.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Ms J Bray.

The ultimate controlling party is Janet Bray Ltd .

The members are the controlling party by virtue of their controlling interest in the limited liability partnership. The ultimate controlling party is the same as the controlling party.