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REGISTERED NUMBER: 07810765 (England and Wales)















Audited Financial Statements for the Year Ended 31 December 2023

for

Rotherwas Holdings Company Ltd

Rotherwas Holdings Company Ltd (Registered number: 07810765)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


Rotherwas Holdings Company Ltd (Registered number: 07810765)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Investment property 4 925,000 925,000

CURRENT ASSETS
Debtors 5 32,337 2,785
Cash at bank 26,122 34,508
58,459 37,293
CREDITORS
Amounts falling due within one year 6 (7,342 ) (5,722 )
NET CURRENT ASSETS 51,117 31,571
TOTAL ASSETS LESS CURRENT
LIABILITIES

976,117

956,571

PROVISIONS FOR LIABILITIES (74,217 ) (74,217 )
NET ASSETS 901,900 882,354

CAPITAL AND RESERVES
Called up share capital 560,000 560,000
Share premium 59,110 59,110
Retained earnings 282,790 263,244
901,900 882,354

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 May 2024 and were signed by:





Mr C H Markham - Director


Rotherwas Holdings Company Ltd (Registered number: 07810765)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Rotherwas Holdings Company Ltd is a private company, limited by shares, domiciled in England, registration number 07810765. The registered office is Stirling House, Unit 6 Beacon Road, Rotherwas Industrial Estate, Hereford, HR2 6JF.

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 as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with members of the group.

Turnover
Turnover represents net invoiced rental income and consultancy services, excluding value added tax. Sales are recognised at the point at which the service is complete or in line with the rental agreement.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Provisions
Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

Rotherwas Holdings Company Ltd (Registered number: 07810765)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 925,000
NET BOOK VALUE
At 31 December 2023 925,000
At 31 December 2022 925,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2017 160,000
Valuation in 2021 136,867
Cost 628,133
925,000

If investment property had not been revalued it would have been included at the following historical cost:

31.12.23 31.12.22
£    £   
Cost 628,133 628,133

Investment property was valued on an open market value basis on 7 July 2021 by Berrys .

The directors consider this to be a fair market value at 31 December 2023.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by group undertakings 27,500 -
Other debtors 4,837 2,785
32,337 2,785

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 2,049 553
Taxation and social security 2,048 2,048
Other creditors 3,245 3,121
7,342 5,722

Rotherwas Holdings Company Ltd (Registered number: 07810765)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Craig Clinton (Senior Statutory Auditor)
for and on behalf of Drummond Laurie CA

8. ULTIMATE PARENT ENTITY

The company's ultimate parent company is DWS Group Limited, a company registered in England. The financial statements of DWS Group Limited can be obtained from Companies House and its registered office is Stirling House, Unit 6 Beacon Road, Rotherwas Industrial Estate, Hereford, HR2 6JF.