Company Registration No. 04174423 (England and Wales)
Rosh Investments Limited
Filleted Accounts
for the year ended 31 March 2023
Rosh Investments Limited
Filleted Accounts
Contents
Rosh Investments Limited
Company Information
for the year ended 31 March 2023
Directors
E. Mizrachi
N. Alkalay
Company Number
04174423 (England and Wales)
Registered Office
116 Totteridge Lane
Totteridge
London
N20 8JH
United Kingdom
Accountants
Lacome & Co
Chartered Accountants
Sapphire House
73 St.Margarets Avenue
London
N20 9LD
Rosh Investments Limited
Statement of financial position
as at 31 March 2023
Tangible assets
15,647
20,862
Investment property
5,808,686
5,591,926
Cash at bank and in hand
191,834
341,762
Creditors: amounts falling due within one year
(228,326)
(405,545)
Net current assets/(liabilities)
40,110
(1,401)
Total assets less current liabilities
5,864,443
5,611,387
Creditors: amounts falling due after more than one year
(5,619,804)
(5,243,165)
Net assets
244,639
368,222
Called up share capital
998
998
Profit and loss account
243,641
367,224
Shareholders' funds
244,639
368,222
For the year ending 31 March 2023 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 2 November 2023 and were signed on its behalf by
N. Alkalay
Director
Company Registration No. 04174423
Rosh Investments Limited
Notes to the Accounts
for the year ended 31 March 2023
Rosh Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 04174423. The registered office is 116 Totteridge Lane, Totteridge, London, N20 8JH, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents net invoiced fees receivable, excluding Value Added Tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
56,570
11,056
67,626
At 31 March 2023
56,570
11,056
67,626
At 1 April 2022
36,154
10,610
46,764
Charge for the year
5,104
111
5,215
At 31 March 2023
41,258
10,721
51,979
At 31 March 2023
15,312
335
15,647
At 31 March 2022
20,416
446
20,862
Fair value at 1 April 2022
5,591,926
At 31 March 2023
5,808,686
Rosh Investments Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
5,756
2,942
Other debtors
70,846
59,440
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
126,635
Taxes and social security
380
18,399
Other creditors
216,103
212,318
Loans from directors
6,430
42,430
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
5,619,804
5,243,165
The bank loans are secured by way of a First Legal Charge on the Company's Freehold properties.
Allotted, called up and fully paid:
499 A Ordinary shares of £1 each
499
499
499 B Ordinary shares of £1 each
499
499
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).