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REGISTERED NUMBER: 06048994 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

The Roundhouse (Truro) Limited

The Roundhouse (Truro) Limited (Registered number: 06048994)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Roundhouse (Truro) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A D Worden
G K Worden





SECRETARY: G K Worden





REGISTERED OFFICE: 9 Heron Close
Tresillian
Cornwall
TR2 4BH





REGISTERED NUMBER: 06048994 (England and Wales)





ACCOUNTANTS: Colin Truscott Accountancy Limited
9 Heron Close
Tresillian
Cornwall
TR2 4BH

The Roundhouse (Truro) Limited (Registered number: 06048994)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1 1
Investment property 6 300,000 300,000
300,001 300,001

CURRENT ASSETS
Debtors 7 1,188 2,228
Cash at bank 7,680 15,761
8,868 17,989
CREDITORS
Amounts falling due within one year 8 289,951 320,072
NET CURRENT LIABILITIES (281,083 ) (302,083 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,918

(2,082

)

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 18,915 (2,085 )
SHAREHOLDERS' FUNDS 18,918 (2,082 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 Roundhouse (Truro) Limited (Registered number: 06048994)

Balance Sheet - continued
31 December 2023


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 29 August 2024 and were signed on its behalf by:





A D Worden - Director


The Roundhouse (Truro) Limited (Registered number: 06048994)

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

1. STATUTORY INFORMATION

The Roundhouse (Truro) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The company's ability to continue trading is dependent upon the continued support of its creditors, which consist primarily of loans to the company by its directors. The financial statements do not include any adjustments that would result if creditors were to withdraw their support.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 Profit and Loss account, 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.

The Roundhouse (Truro) Limited (Registered number: 06048994)

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

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 3,906
DEPRECIATION
At 1 January 2023
and 31 December 2023 3,905
NET BOOK VALUE
At 31 December 2023 1
At 31 December 2022 1

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 300,000
NET BOOK VALUE
At 31 December 2023 300,000
At 31 December 2022 300,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2017 522,779
Valuation in 2018 (222,779 )
300,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,188 2,228

The Roundhouse (Truro) Limited (Registered number: 06048994)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 5,957 5,985
Other creditors 283,994 314,087
289,951 320,072

9. ULTIMATE CONTROLLING PARTY

The controlling party is Crownmark Developments Limited.