REGISTERED NUMBER: 09832872 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ROON INVESTMENTS LIMITED

Page

Company Information

1

Report of the Directors

2

Report of the Accountants

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

7

DIRECTORS:

Mr M H V Lambert

Mrs R J Lambert

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

09832872 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

The directors present their report with the financial statements of the company for the year ended 31 October 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of other letting and operating of owned or leased real estate.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 November 2023 to the date of this report.

Mr M H V Lambert

Mrs R J Lambert

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs R J Lambert - Director

3 April 2025

In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 October 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

3 April 2025

TURNOVER

85,938

18,967

Cost of sales

8,307

5,617

GROSS PROFIT

77,631

13,350

Administrative expenses

14,579

14,089

OPERATING PROFIT/(LOSS)

63,052

(739

)

Interest payable and similar expenses

20,715

18,212

PROFIT/(LOSS) BEFORE TAXATION

42,337

(18,951

)

Tax on profit/(loss)

2,979

-

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

39,358

(18,951

)

FIXED ASSETS

Investment property

4

421,346

421,346

CURRENT ASSETS

Debtors

5

9,978

1,706

Cash at bank

91,433

15,345

101,411

17,051

CREDITORS

Amounts falling due within one year

6

230,055

185,053

NET CURRENT LIABILITIES

(128,644

)

(168,002

)

TOTAL ASSETS LESS CURRENT LIABILITIES

292,702

253,344

CREDITORS

Amounts falling due after more than one year

7

280,000

280,000

NET ASSETS/(LIABILITIES)

12,702

(26,656

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

12,700

(26,658

)

SHAREHOLDERS' FUNDS

12,702

(26,656

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by:

Mrs R J Lambert - Director

1.	STATUTORY INFORMATION

Roon Investments 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.

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

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2023

and 31 October 2024

421,346

NET BOOK VALUE

At 31 October 2024

421,346

At 31 October 2023

421,346

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Trade debtors

9,978

1,706

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Trade creditors

1,559

-

Corporation tax

2,979

-

Director's current account

193,669

183,373

Accruals and deferred income

31,848

1,680

230,055

185,053

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

31.10.23

£

£

Investec mortgage

280,000

280,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.24

31.10.23

value:

£

£

2

Ordinary shares

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 November 2023

(26,658

)

Profit for the year

39,358

At 31 October 2024

12,700

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due within one year, is an amount of £193,669 (2023: £183,373) owed to the directors. This loan is interest free, of no fixed term and repayable on demand.

The ultimate controlling parties are the directors and shareholders of the company.