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Company Registration No. 03118946 (England and Wales)
Roberts Residential Limited Unaudited accounts for the year ended 31 December 2024
Roberts Residential Limited Unaudited accounts Contents
Page
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Roberts Residential Limited Company Information for the year ended 31 December 2024
Directors
A Dawson N Goddard P M Penny
Company Number
03118946 (England and Wales)
Registered Office
158 Charminster Road Bournemouth Dorset BH8 8UU
Accountants
Peats Alum House Discovery Court 551-553 Wallisdown Road Poole BH12 5AG
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Roberts Residential Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,457 
47,036 
Current assets
Debtors
95,966 
289,185 
Cash at bank and in hand
11,086 
54 
107,052 
289,239 
Creditors: amounts falling due within one year
(132,474)
(215,938)
Net current (liabilities)/assets
(25,422)
73,301 
Total assets less current liabilities
1,035 
120,337 
Creditors: amounts falling due after more than one year
- 
(47,494)
Net assets
1,035 
72,843 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
35 
71,843 
Shareholders' funds
1,035 
72,843 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by
N Goddard Director Company Registration No. 03118946
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Roberts Residential Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Roberts Residential Limited is a private company, limited by shares, registered in England and Wales, registration number 03118946. The registered office is 158 Charminster Road, Bournemouth , Dorset, BH8 8UU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Freehold land and buildings - not depreciated Plant and machinery - 25% reducing balance Motor vehicles - 25% reducing balance Fixtures, fittings and equipment - 15% reducing balance Website - 20% reducing balance
Intangible fixed assets
Purchased goodwill is included at cost less accumulated amortisation. Goodwill is amortised on a straight line basis over its estimated useful economic life which is estimated at 10 years.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease on a straight line basis.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due. The assets of the plan are held separately from the company in independently administered funds.
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Roberts Residential Limited Notes to the Accounts for the year ended 31 December 2024
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
458,888 
At 31 December 2024
458,888 
Amortisation
At 1 January 2024
458,888 
At 31 December 2024
458,888 
Net book value
At 31 December 2024
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
10,060 
166,047 
176,107 
Additions
- 
2,513 
2,513 
Disposals
- 
(52,987)
(52,987)
At 31 December 2024
10,060 
115,573 
125,633 
Depreciation
At 1 January 2024
- 
129,071 
129,071 
Charge for the year
- 
8,443 
8,443 
On disposals
- 
(38,338)
(38,338)
At 31 December 2024
- 
99,176 
99,176 
Net book value
At 31 December 2024
10,060 
16,397 
26,457 
At 31 December 2023
10,060 
36,976 
47,036 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
- 
15,984 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,754 
36 
Accrued income and prepayments
63,388 
16,825 
Other debtors
3,824 
272,324 
95,966 
289,185 
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Roberts Residential Limited Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
497 
73,536 
Obligations under finance leases and hire purchase contracts
- 
15,905 
Trade creditors
15,831 
30,687 
Amounts owed to group undertakings and other participating interests
21,612 
39,021 
Taxes and social security
43,215 
29,058 
Other creditors
3,023 
1,178 
Loans from directors
33,785 
19,862 
Accruals
14,511 
6,691 
132,474 
215,938 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
47,494 
9
Transactions with related parties
At the balance sheet date the company owed £21,612 (2023- £39,021) to its parent company Roberts Residential property Services Limited on its interest free current account.
10
Controlling party
The company was under the control of Robert's Residential Property Services Limited which holds 100% of the issued share capital.
11
Average number of employees
During the year the average number of employees was 14 (2023: 12).
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