Romart Superstores Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03426847

ROMART SUPERSTORES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 January 2026

ROMART SUPERSTORES LIMITED

STATEMENT OF FINANCIAL POSITION

31 January 2026

	2026		2025
Note	£	£	£

FIXED ASSETS

Intangible assets	5	1,995	3,990
Tangible assets	6	12,451	15,968
		--------	--------
		14,446	19,958

CURRENT ASSETS

Stocks		80,000	81,560
Debtors	7	5,811	4,536
Cash at bank and in hand		297,904	266,622
		---------	---------
		383,715	352,718

CREDITORS: amounts falling due within one year	8	( 82,794)		( 80,893)
		---------		---------
NET CURRENT ASSETS			300,921	271,825
			---------	---------
TOTAL ASSETS LESS CURRENT LIABILITIES			315,367	291,783

CREDITORS: amounts falling due after more than one year	9		–	( 4,764)

PROVISIONS

Taxation including deferred tax	( 4,750)	( 3,034)
	---------	---------
NET ASSETS	310,617	283,985
	---------	---------

CAPITAL AND RESERVES

Called up share capital	4	4
Profit and loss account	310,613	283,981
	---------	---------
SHAREHOLDER FUNDS	310,617	283,985
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

ROMART SUPERSTORES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 22 October 2026 , and are signed on behalf of the board by:

K. L. Smith
Director

Company registration number: 03426847

ROMART SUPERSTORES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JANUARY 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Units C, D & E, York Road Shopping Centre, Torre Lane, Leeds, LS9 6TN.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

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.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax.

Income tax

Deferred taxation is provided using the liability method on all timing differences, that have originated but not reversed at the balance sheet date.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

	Goodwill	-	5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings	-	15% reducing balance
Motor Vehicles	-	25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 10 (2025: 24 ).

5. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 1 February 2025 and 31 January 2026	39,900
	--------
Amortisation
At 1 February 2025	35,910
Charge for the year	1,995
	--------
At 31 January 2026	37,905
	--------
Carrying amount
At 31 January 2026	1,995
	--------
At 31 January 2025	3,990
	--------

6. TANGIBLE ASSETS

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 1 February 2025 and 31 January 2026	56,322	22,970	79,292
	--------	--------	--------
Depreciation
At 1 February 2025	51,581	11,743	63,324
Charge for the year	711	2,806	3,517
	--------	--------	--------
At 31 January 2026	52,292	14,549	66,841
	--------	--------	--------
Carrying amount
At 31 January 2026	4,030	8,421	12,451
	--------	--------	--------
At 31 January 2025	4,741	11,227	15,968
	--------	--------	--------

7. DEBTORS

	2026	2025
	£	£
Other debtors	5,811	4,536
	-------	-------

8. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	4,167	10,000
Trade creditors	17,211	18,340
Corporation tax	25,854	20,715
Social security and other taxes	17,507	25,721
Other creditors	4,720	1,980
Other creditors	13,335	4,137
	--------	--------
	82,794	80,893
	--------	--------

9. CREDITORS: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	–	4,764
	----	-------