Romenbell Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03704513

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		429,771		429,786

			429,771		429,786
CURRENT ASSETS
Stocks	5	775,775		1,336,721
Debtors	6	143,319		141,439
Cash at bank and in hand		551,577		157,975

		1,470,671		1,636,135
Creditors: Amounts Falling Due Within One Year	7	(1,552,904 )		(1,703,501 )

NET CURRENT ASSETS (LIABILITIES)			(82,233 )		(67,366 )

TOTAL ASSETS LESS CURRENT LIABILITIES			347,538		362,420

Creditors: Amounts Falling Due After More Than One Year	8		(42,167 )		(59,939 )

NET ASSETS			305,371		302,481

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			305,369		302,479

SHAREHOLDERS' FUNDS			305,371		302,481

Page 1

Page 2

Romenbell Properties Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 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.

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

Miss R M Potts

Director

14 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Romenbell Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03704513 . The registered office is 550 Valley Road, Basford, Nottingham, NG5 1JJ.

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. 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:

Freehold	No depreciation
Motor Vehicles	25% Reducing balance

2.4. 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.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

Page 3

Page 4

Romenbell Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Total
	£	£	£
Cost
As at 1 February 2024	429,771	7,996	437,767

As at 31 January 2025	429,771	7,996	437,767

Depreciation
As at 1 February 2024	-	7,981	7,981
Provided during the period	-	15	15

As at 31 January 2025	-	7,996	7,996

Net Book Value
As at 31 January 2025	429,771	-	429,771

As at 1 February 2024	429,771	15	429,786

5. Stocks

	2025	2024
	£	£
Work in progress	775,775	1,336,721

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,794	-
VAT	574	537

	2,368	537
Due after more than one year
Vilecom Ltd	140,951	140,902

	143,319	141,439

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	23,156	39,570
Bank loans and overdrafts	17,279	16,787
Corporation tax	682	1,810
TRP Properties Ltd loan	70,028	70,028
R Potts loan	534,859	545,241
M Potts loan	252,851	264,282
M A Potts loan account	461,901	469,901
PAYE	1,939	985
Other creditors B/F	1,606	1,994
Kings Farm Day Nursery Ltd Loan	50,000	50,000
Accruals and deferred income	-	51,300

...CONTINUED

Page 4

Page 5

Romenbell Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

Directors' loan accounts	131,853	184,853
Crestbay Ltd loan	6,750	6,750

	1,552,904	1,703,501

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	42,167	59,939

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Related Party Transactions

At the balance sheet date, the company owed the directors £131,853 (2024:£184,853). The amount is unsecured, interest free, with no fixed repayment date.

Page 5