Acorah Software Products - Accounts Production 16.1.300 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 09418031 Mr Avrohom Hoffman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09418031 2023-02-28 09418031 2024-02-28 09418031 2023-03-01 2024-02-28 09418031 frs-core:CurrentFinancialInstruments 2024-02-28 09418031 frs-core:Non-currentFinancialInstruments 2024-02-28 09418031 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-28 09418031 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-28 09418031 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-28 09418031 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 09418031 frs-core:ShareCapital 2024-02-28 09418031 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 09418031 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 09418031 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 09418031 frs-bus:SmallEntities 2023-03-01 2024-02-28 09418031 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 09418031 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 09418031 frs-bus:Director1 2023-03-01 2024-02-28 09418031 frs-countries:EnglandWales 2023-03-01 2024-02-28 09418031 2022-02-28 09418031 2023-02-28 09418031 2022-03-01 2023-02-28 09418031 frs-core:CurrentFinancialInstruments 2023-02-28 09418031 frs-core:Non-currentFinancialInstruments 2023-02-28 09418031 frs-core:ShareCapital 2023-02-28 09418031 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 09418031
ROMAN ESTATES LIMITED
Unaudited Financial Statements
For The Year Ended 28 February 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09418031
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 270,000 270,000
Investment Properties 5 (2,767 ) (2,767 )
267,233 267,233
CURRENT ASSETS
Debtors 6 294,561 295,361
Cash at bank and in hand 27,384 24,026
321,945 319,387
Creditors: Amounts Falling Due Within One Year 7 (155,541 ) (155,072 )
NET CURRENT ASSETS (LIABILITIES) 166,404 164,315
TOTAL ASSETS LESS CURRENT LIABILITIES 433,637 431,548
Creditors: Amounts Falling Due After More Than One Year 8 (339,210 ) (339,210 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (21,596 ) (21,596 )
NET ASSETS 72,831 70,742
CAPITAL AND RESERVES
Called up share capital 9 2 1
Profit and Loss Account 72,829 70,741
SHAREHOLDERS' FUNDS 72,831 70,742
Page 1
Page 2
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Avrohom Hoffman
Director
20th February 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ROMAN ESTATES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09418031 . The registered office is 9B Clapton Common, London, E5 9AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Nil
Leasehold Nil
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:1  NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 March 2023 270,000
As at 28 February 2024 270,000
Net Book Value
As at 28 February 2024 270,000
As at 1 March 2023 270,000
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 March 2023 and 28 February 2024 (2,767 )
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 294,561 295,361
294,561 295,361
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 155,211 154,342
Accruals and deferred income 330 730
155,541 155,072
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 339,210 339,210
339,210 339,210
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 1
Page 4