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REGISTERED NUMBER: 01769349 (England and Wales)


Ronda Developments Limited

Abridged Financial Statements

for the Year Ended 30 June 2024






Ronda Developments Limited (Registered number: 01769349)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Ronda Developments Limited

Company Information
for the year ended 30 June 2024







DIRECTOR: Mr H L Kivanc





SECRETARY: Mr H L Kivanc





REGISTERED OFFICE: 239-241 Kennington Lane
London
SE11 5QU





REGISTERED NUMBER: 01769349 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Ronda Developments Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ronda Developments Limited for the year ended 30 June 2024 which comprise the Abridged Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Ronda Developments Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ronda Developments Limited and state those matters that we have agreed to state to the director of Ronda Developments Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ronda Developments Limited and its director for our work or for this report.

It is your duty to ensure that Ronda Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ronda Developments Limited. You consider that Ronda Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ronda Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


19 March 2025

Ronda Developments Limited (Registered number: 01769349)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 5 5

CURRENT ASSETS
Inventories 40,000 40,000
Debtors 5 - 184
Cash at bank and in hand 88 110
40,088 40,294
CREDITORS
Amounts falling due within one year 6 1,265,081 1,263,986
NET CURRENT LIABILITIES (1,224,993 ) (1,223,692 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,224,988

)

(1,223,687

)

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 8 (1,225,988 ) (1,224,687 )
SHAREHOLDERS' FUNDS (1,224,988 ) (1,223,687 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Ronda Developments Limited (Registered number: 01769349)

Statement of Financial Position - continued
30 June 2024


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

All the members have consented to the preparation of an abridged Income Statement for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 March 2025 and were signed by:





Mr H L Kivanc - Director


Ronda Developments Limited (Registered number: 01769349)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Ronda Developments 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. 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Turnover is recognised when the sales contract is duly executed and is generated from the ordinary activities of the business.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

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

Cost includes all cost to date. Net releasable is the sale value of the stock less any additional cost to sell.

Going concern basis
The company is assured of continuing necessary support from its directors to enable it to meet its liabilities as they fall due. Therefore, the company continue to adopt the going concern basis in preparing these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Ronda Developments Limited (Registered number: 01769349)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 July 2023
and 30 June 2024 579
DEPRECIATION
At 1 July 2023
and 30 June 2024 574
NET BOOK VALUE
At 30 June 2024 5
At 30 June 2023 5

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT - 184

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Loan Account - S C Kivanc 315,188 315,188
Directors' current accounts 949,115 947,865
Accrued expenses 778 933
1,265,081 1,263,986

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

Ronda Developments Limited (Registered number: 01769349)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

8. RESERVES
Retained
earnings
£   

At 1 July 2023 (1,224,687 )
Deficit for the year (1,301 )
At 30 June 2024 (1,225,988 )

9. RELATED PARTY DISCLOSURES

An amount of £1,264,303 (2023 - £1,263,053) is due to a key management personnel and his family at Balance Sheet date.