REGISTERED NUMBER: 09538973 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

ROBIN HOOD IN LONDON LIMITED

Page

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

Directors:

G H T Roberts

N A Treguer

Registered office:

24-28 Toynbee Street

London

E1 7NE

Registered number:

09538973 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors 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 Robin Hood In London Limited for the year ended 30 September 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Robin Hood In London Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Robin Hood In London Limited and state those matters that we have agreed to state to the Board of Directors of Robin Hood In London Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Robin Hood In London 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 Robin Hood In London Limited. You consider that Robin Hood In London 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 Robin Hood In London 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.

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

30 September 2025

Fixed assets

Tangible assets

4

771,367

834,225

Current assets

Stocks

8,926

8,879

Debtors

5

57,304

57,301

Cash at bank and in hand

12,910

24,453

79,140

90,633

Creditors

Amounts falling due within one year

6

1,993,211

2,021,397

Net current liabilities

(1,914,071

)

(1,930,764

)

Total assets less current liabilities

(1,142,704

)

(1,096,539

)

Capital and reserves

Called up share capital

7

1,200

1,200

Share premium

8

29,778

29,778

Retained earnings

8

(1,173,682

)

(1,127,517

)

Shareholders' funds

(1,142,704

)

(1,096,539

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

N A Treguer - Director

1.	Statutory information

Robin Hood In London 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the recognition of certain financial assets and liabilities measured at fair value.

Going Concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and

considered relevant information in making their assessment and are of the opinion that the company will

continue to be able to meet its financial commitments for a period of at least 12 months from the date of approval of these financial statements, based on the continuing support of the Directors and connected companies.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

Over the term of the lease

Improvements to property

-

Over the term of the lease

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Stocks

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

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 18 (2023 - 20 ) .

4.	Tangible fixed assets

Long

Improvements

Plant and

leasehold

to property

machinery

£

£

£

Cost

At 1 October 2023

65,885

1,076,794

67,998

Additions

-

-

5,035

At 30 September 2024

65,885

1,076,794

73,033

Depreciation

At 1 October 2023

65,885

285,635

58,858

Charge for year

-

40,726

8,416

At 30 September 2024

65,885

326,361

67,274

Net book value

At 30 September 2024

-

750,433

5,759

At 30 September 2023

-

791,159

9,140

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 October 2023

158,495

32,830

1,402,002

Additions

3,802

-

8,837

At 30 September 2024

162,297

32,830

1,410,839

Depreciation

At 1 October 2023

125,164

32,235

567,777

Charge for year

21,986

567

71,695

At 30 September 2024

147,150

32,802

639,472

Net book value

At 30 September 2024

15,147

28

771,367

At 30 September 2023

33,331

595

834,225

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

166

111

Amounts owed by associates

10,452

7,732

Other debtors

46,686

49,458

57,304

57,301

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

94,428

118,836

Amounts owed to associates

1,818,679

1,806,833

Taxation and social security

40,122

45,630

Other creditors

39,982

50,098

1,993,211

2,021,397

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

12,000

Ordinary

10p

1,200

1,200

8.

Reserves

Retained

Share

earnings

premium

Totals

£

£

£

At 1 October 2023

(1,127,517

)

29,778

(1,097,739

)

Deficit for the year

(46,165

)

(46,165

)

At 30 September 2024

(1,173,682

)

29,778

(1,143,904

)

9.	Related party disclosures

During the year, the company entered into routine transactions with companies under common control. These transactions comprised of management fees, recharges and loan advances / repayments. Some loan balances are interest-free, and others carry interest at rates consistent with normal commercial terms. The intercompany loans are not secured and are repayable in line with agreed terms.

As at the year end, total aggregate monies owed to companies connected under common control was

£1,821,427 (2023: £1,851,526). This balance comprises of both amounts receivable and payable, as presented accordingly within the Balance Sheet. Also included within this balance is a Trade Creditor Balance of £13,200 (2023: £19,905) in respect of Management Fees & recharges raised throughout the period.