Acorah Software Products - Accounts Production 16.3.350 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 06209969 Mr Carl Romano iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06209969 2023-04-30 06209969 2024-04-30 06209969 2023-05-01 2024-04-30 06209969 frs-core:CurrentFinancialInstruments 2024-04-30 06209969 frs-core:NetGoodwill 2024-04-30 06209969 frs-core:NetGoodwill 2023-05-01 2024-04-30 06209969 frs-core:NetGoodwill 2023-04-30 06209969 frs-core:MotorVehicles 2024-04-30 06209969 frs-core:MotorVehicles 2023-05-01 2024-04-30 06209969 frs-core:MotorVehicles 2023-04-30 06209969 frs-core:PlantMachinery 2024-04-30 06209969 frs-core:PlantMachinery 2023-05-01 2024-04-30 06209969 frs-core:PlantMachinery 2023-04-30 06209969 frs-core:ShareCapital 2024-04-30 06209969 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 06209969 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06209969 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 06209969 frs-bus:SmallEntities 2023-05-01 2024-04-30 06209969 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 06209969 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 06209969 frs-bus:Director1 2023-05-01 2024-04-30 06209969 frs-countries:EnglandWales 2023-05-01 2024-04-30 06209969 2022-04-30 06209969 2023-04-30 06209969 2022-05-01 2023-04-30 06209969 frs-core:CurrentFinancialInstruments 2023-04-30 06209969 frs-core:ShareCapital 2023-04-30 06209969 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 06209969
D J Romano & Son Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
TJ Accountancy Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06209969
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 7,237 8,433
7,237 8,433
CURRENT ASSETS
Stocks 6 500 400
Debtors 7 1,005 388
Cash at bank and in hand 162 371
1,667 1,159
Creditors: Amounts Falling Due Within One Year 8 (13,838 ) (7,558 )
NET CURRENT ASSETS (LIABILITIES) (12,171 ) (6,399 )
TOTAL ASSETS LESS CURRENT LIABILITIES (4,934 ) 2,034
NET (LIABILITIES)/ASSETS (4,934 ) 2,034
CAPITAL AND RESERVES
Called up share capital 9 120 120
Profit and Loss Account (5,054 ) 1,914
SHAREHOLDERS' FUNDS (4,934) 2,034
For the year ending 30 April 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 Carl Romano
Director
29/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
D J Romano & Son Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06209969 . The registered office is 9 Oakwood Rise, Clydach, Swansea, SA8 4DX.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Plant & Machinery 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2023 20,000
As at 30 April 2024 20,000
Amortisation
As at 1 May 2023 20,000
As at 30 April 2024 20,000
...CONTINUED
Page 2
Page 3
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 May 2023 22,987 22,761 45,748
Additions 1,191 - 1,191
As at 30 April 2024 24,178 22,761 46,939
Depreciation
As at 1 May 2023 16,029 21,286 37,315
Provided during the period 2,038 349 2,387
As at 30 April 2024 18,067 21,635 39,702
Net Book Value
As at 30 April 2024 6,111 1,126 7,237
As at 1 May 2023 6,958 1,475 8,433
6. Stocks
2024 2023
£ £
Stock 500 400
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,005 388
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 216 -
Other creditors 11,785 5,506
Taxation and social security 1,837 2,052
13,838 7,558
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 120 120
Page 3