1 December 2024 false Taxfiler 2024.6 13025829business:PrivateLimitedCompanyLtd2024-12-012025-11-30 130258292024-11-30 130258292024-12-012025-11-30 13025829business:AuditExemptWithAccountantsReport2024-12-012025-11-30 13025829business:FilletedAccounts2024-12-012025-11-30 130258292025-11-30 13025829business:Director12024-12-012025-11-30 13025829business:Director22024-12-012025-11-30 13025829business:RegisteredOffice2024-12-012025-11-30 130258292024-11-30 13025829core:WithinOneYear2025-11-30 13025829core:WithinOneYear2024-11-30 13025829core:AfterOneYear2025-11-30 13025829core:AfterOneYear2024-11-30 13025829core:ShareCapitalcore:PreviouslyStatedAmount2025-11-30 13025829core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 13025829core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-11-30 13025829core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 13025829core:PreviouslyStatedAmount2025-11-30 13025829core:PreviouslyStatedAmount2024-11-30 13025829business:SmallEntities2024-12-012025-11-30 13025829countries:EnglandWales2024-12-012025-11-30 13025829business:OrdinaryShareClass12024-12-012025-11-30 13025829business:OrdinaryShareClass12023-12-012024-11-30 130258292023-12-012024-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13025829 (England and Wales)
RO&RO LTD Unaudited accounts for the year ended 30 November 2025
RO&RO LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
RO&RO LTD Company Information for the year ended 30 November 2025
Directors
UKHUELEIGBE, Michael UKHUELEIGBE, Tina Olaronke
Company Number
13025829 (England and Wales)
Registered Office
3 Coldharbour Road Northfleet Gravesend Kent DA11 8AE England
Accountants
Ease Accounting Associates UK Limited Chartered Accountants Base Point Dartford Business Park 61 Victoria Road DARTFORD Kent DA1 5FS
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of RO&RO LTD for the year ended 30 November 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of RO&RO LTD for the year ended 30 November 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of RO&RO LTD, as a body, in accordance with the terms of our engagement letter dated 20 September 2023. Our work has been undertaken solely to prepare for your approval the accounts of RO&RO LTD and state those matters that we have agreed to state to the Board of Directors of RO&RO LTD, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RO&RO LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that RO&RO LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of RO&RO LTD. You consider that RO&RO LTD 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 accounts of RO&RO LTD. 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 accounts.
Ease Accounting Associates UK Limited Chartered Accountants Chartered Accountants Base Point Dartford Business Park 61 Victoria Road DARTFORD Kent DA1 5FS 24 August 2026
- 4 -
RO&RO LTD Statement of financial position as at 30 November 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
4
300,000 
300,000 
Current assets
Debtors
5
21,708 
4,829 
Cash at bank and in hand
3,408 
8,620 
25,116 
13,449 
Creditors: amounts falling due within one year
6
(87,781)
(79,296)
Net current liabilities
(62,665)
(65,847)
Total assets less current liabilities
237,335 
234,153 
Creditors: amounts falling due after more than one year
7
(228,332)
(228,375)
Net assets
9,003 
5,778 
Capital and reserves
Called up share capital
8
2 
2 
Profit and loss account
9,001 
5,776 
Shareholders' funds
9,003 
5,778 
For the year ending 30 November 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 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 24 August 2026 and were signed on its behalf by
UKHUELEIGBE, Tina Olaronke Director Company Registration No. 13025829
- 5 -
RO&RO LTD Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
RO&RO LTD is a private company, limited by shares, registered in England and Wales, registration number 13025829. The registered office is 3 Coldharbour Road, Northfleet, Gravesend, Kent, DA11 8AE, England.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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 at a constant proportion of the outstanding balance of capital repayments.
4
Investment property
2025 
£ 
Fair value at 1 December 2024
300,000 
At 30 November 2025
300,000 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
21,708 
4,829 
- 6 -
RO&RO LTD Notes to the Accounts for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,505 
1,121 
Other creditors
1,627 
629 
Loans from directors
84,134 
77,051 
Accruals
515 
495 
87,781 
79,296 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
228,332 
228,375 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 7 -