Silverfin false false 31/03/2024 01/04/2023 31/03/2024 N J Roff 14/03/2013 G A Webb 05/04/2018 03 September 2024 The principal activity of the Company during the financial year was real estate agents. 08445979 2024-03-31 08445979 bus:Director1 2024-03-31 08445979 bus:Director2 2024-03-31 08445979 2023-03-31 08445979 core:CurrentFinancialInstruments 2024-03-31 08445979 core:CurrentFinancialInstruments 2023-03-31 08445979 core:Non-currentFinancialInstruments 2024-03-31 08445979 core:Non-currentFinancialInstruments 2023-03-31 08445979 core:ShareCapital 2024-03-31 08445979 core:ShareCapital 2023-03-31 08445979 core:SharePremium 2024-03-31 08445979 core:SharePremium 2023-03-31 08445979 core:RetainedEarningsAccumulatedLosses 2024-03-31 08445979 core:RetainedEarningsAccumulatedLosses 2023-03-31 08445979 core:Goodwill 2023-03-31 08445979 core:Goodwill 2024-03-31 08445979 core:PlantMachinery 2023-03-31 08445979 core:FurnitureFittings 2023-03-31 08445979 core:OfficeEquipment 2023-03-31 08445979 core:PlantMachinery 2024-03-31 08445979 core:FurnitureFittings 2024-03-31 08445979 core:OfficeEquipment 2024-03-31 08445979 core:CostValuation 2023-03-31 08445979 core:CostValuation 2024-03-31 08445979 2023-04-01 2024-03-31 08445979 bus:FilletedAccounts 2023-04-01 2024-03-31 08445979 bus:SmallEntities 2023-04-01 2024-03-31 08445979 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08445979 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08445979 bus:Director1 2023-04-01 2024-03-31 08445979 bus:Director2 2023-04-01 2024-03-31 08445979 core:PlantMachinery core:TopRangeValue 2023-04-01 2024-03-31 08445979 core:FurnitureFittings core:TopRangeValue 2023-04-01 2024-03-31 08445979 core:OfficeEquipment core:TopRangeValue 2023-04-01 2024-03-31 08445979 2022-04-01 2023-03-31 08445979 core:PlantMachinery 2023-04-01 2024-03-31 08445979 core:FurnitureFittings 2023-04-01 2024-03-31 08445979 core:OfficeEquipment 2023-04-01 2024-03-31 08445979 core:Non-currentFinancialInstruments 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Company No: 08445979 (England and Wales)

ROFF ESTATES LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

ROFF ESTATES LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

ROFF ESTATES LIMITED

BALANCE SHEET

As at 31 March 2024
ROFF ESTATES LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 3,526 1,598
Investments 5 1,000 1,000
4,526 2,598
Current assets
Debtors 6 12,030 15,480
Cash at bank and in hand 105,018 176,477
117,048 191,957
Creditors: amounts falling due within one year 7 ( 16,843) ( 40,101)
Net current assets 100,205 151,856
Total assets less current liabilities 104,731 154,454
Creditors: amounts falling due after more than one year 8 ( 21,751) ( 31,667)
Net assets 82,980 122,787
Capital and reserves
Called-up share capital 133 133
Share premium account 2,931 2,931
Profit and loss account 79,916 119,723
Total shareholders' funds 82,980 122,787

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Roff Estates Limited (registered number: 08445979) were approved and authorised for issue by the Board of Directors on 03 September 2024. They were signed on its behalf by:

N J Roff
Director
ROFF ESTATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
ROFF ESTATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Roff Estates Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill not amortised
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery 3 years straight line
Fixtures and fittings 4 years straight line
Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 5 5

3. Intangible assets

Goodwill Total
£ £
Cost
At 01 April 2023 50,000 50,000
At 31 March 2024 50,000 50,000
Accumulated amortisation
At 01 April 2023 50,000 50,000
At 31 March 2024 50,000 50,000
Net book value
At 31 March 2024 0 0
At 31 March 2023 0 0

4. Tangible assets

Plant and machinery Fixtures and fittings Office equipment Total
£ £ £ £
Cost
At 01 April 2023 833 7,560 10,240 18,633
Additions 0 2,202 1,030 3,232
At 31 March 2024 833 9,762 11,270 21,865
Accumulated depreciation
At 01 April 2023 833 7,560 8,642 17,035
Charge for the financial year 0 377 927 1,304
At 31 March 2024 833 7,937 9,569 18,339
Net book value
At 31 March 2024 0 1,825 1,701 3,526
At 31 March 2023 0 0 1,598 1,598

5. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 April 2023 1,000
At 31 March 2024 1,000
Carrying value at 31 March 2024 1,000
Carrying value at 31 March 2023 1,000

6. Debtors

2024 2023
£ £
Trade debtors 0 480
Corporation tax 2,030 0
Other debtors 10,000 15,000
12,030 15,480

7. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 179 5,377
Trade creditors 435 ( 720)
Taxation and social security 13,071 27,472
Other creditors 3,158 7,972
16,843 40,101

8. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 21,751 31,667

There are no amounts included above in respect of which any security has been given by the small entity.