REGISTERED NUMBER: 04899347 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Ropnoy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss E Nicholson

Mr M J Rolfe

SECRETARY:

Mr M E Ingram

REGISTERED OFFICE:

64 Parson Street

Hendon

London

NW4 1TP

REGISTERED NUMBER:

04899347 (England and Wales)

ACCOUNTANTS:

Bracey's Accountants (Hertford) Limited

Highoak Business Centre

Old Wallfields

Peg Lane

Hertford

Hertfordshire

SG13 8EQ

FIXED ASSETS

Tangible assets

4

292

371

Investments

5

50

50

342

421

CURRENT ASSETS

Debtors

6

1,301

3,748

Cash at bank

1,456

3,496

2,757

7,244

CREDITORS

Amounts falling due within one year

7

20,622

17,375

NET CURRENT LIABILITIES

(17,865

)

(10,131

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,523

)

(9,710

)

CREDITORS

Amounts falling due after more than one year

8

(1,513

)

(2,429

)

PROVISIONS FOR LIABILITIES

8,922

7,607

NET LIABILITIES

(10,114

)

(4,532

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Share premium

7,742

7,742

Retained earnings

(17,956

)

(12,374

)

SHAREHOLDERS' FUNDS

(10,114

)

(4,532

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 3 November 2025 and were signed on its behalf by:

Mr M J Rolfe - Director

Miss E Nicholson - Director

1.	STATUTORY INFORMATION

Ropnoy 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.

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Going concern

At the balance sheet date the company had net current liabilities of £17,865 (2024: 10,131) and retained losses of £17,956 (2024: £12,374). The directors have pledged to continue to financially support the company for the foreseeable future. On this basis, the directors feel it is appropriate to prepare these financial statements on a going concern basis.

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 the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

20% on cost

Government grants

Grants relating to revenue are recognised in income on a systematic basis over the periods in which the business recognises related costs which the grant is intended to compensate.

A grant that becomes receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs shall be recognised in income in the period in which it becomes receivable.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Taxation

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

Trade debtors are reviewed on an annual basis and any adjustment is made accordingly through the profit and loss account.

Trade creditors

Trade creditors are obligations to pay for services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 June 2024

and 31 May 2025

398

DEPRECIATION

At 1 June 2024

27

Charge for year

79

At 31 May 2025

106

NET BOOK VALUE

At 31 May 2025

292

At 31 May 2024

371

5.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST

At 1 June 2024

and 31 May 2025

50

NET BOOK VALUE

At 31 May 2025

50

At 31 May 2024

50

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Evo One Limited

Registered office: 64 Parsons Street, London, NW4 1TP, England

Nature of business: Provision of software

%

Class of shares:

holding

Ordinary shares

100.00

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

780

Intercompany 1

1,301

1,301

Prepayments and accrued income

-

1,667

1,301

3,748

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,096

2,046

Trade creditors

-

50

Social security and other taxes

-

209

VAT

60

898

Credit Card Control

-

18

Directors' current accounts

17,573

13,261

Accrued expenses

893

893

20,622

17,375

Also included within bank loans and overdrafts due under one year is £2,096 and over one year is £1,513 relating to a loan acquired under the Bounce Back Loan Scheme (BBLS) which is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy and Industrial Strategy.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

1,513

2,429

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

£1

100

100

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £6,696 (2024: £7,884) to Ms E Nicholson and £10,876 (2024: £5,376) to Mr M Rolfe, the directors of the company. This loan is provided interest free and is repayable on demand.

Summary of transactions with subsidiary

At the balance sheet date the company was owed £1,301 (2024: £1,301) from Evo One Limited. Evo One Limited is a subsidiary of Ropnoy Limited. This loan is repayable on demand and interest free.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M J Rolfe, by virtue of their majority shareholding.