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REGISTERED NUMBER: 09808977 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ROONSTAR INVESTMENTS LIMITED

ROONSTAR INVESTMENTS LIMITED (REGISTERED NUMBER: 09808977)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROONSTAR INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs R S Burson
Mr G W Burson





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 09808977 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

ROONSTAR INVESTMENTS LIMITED (REGISTERED NUMBER: 09808977)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 602,862 604,452
Investment property 5 602,153 602,153
1,205,015 1,206,605

CURRENT ASSETS
Investments 6 2,364 -
Cash at bank 5,138 3,189
7,502 3,189
CREDITORS
Amounts falling due within one year 7 190,191 177,639
NET CURRENT LIABILITIES (182,689 ) (174,450 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,022,326

1,032,155

CREDITORS
Amounts falling due after more than one
year

8

1,006,112

1,006,112
NET ASSETS 16,214 26,043

CAPITAL AND RESERVES
Called up share capital 10 100 100
Special reserve 18,153 18,153
Retained earnings (2,039 ) 7,790
SHAREHOLDERS' FUNDS 16,214 26,043

ROONSTAR INVESTMENTS LIMITED (REGISTERED NUMBER: 09808977)

BALANCE SHEET - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2024 and were signed on its behalf by:





Mr G W Burson - Director


ROONSTAR INVESTMENTS LIMITED (REGISTERED NUMBER: 09808977)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Roonstar Investments 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. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

GOING CONCERN
The company's balance sheet shows a net deficit shareholders fund position. However, the director's have received confirmation from the shareholders of their continued financial support for the foreseeable future and for at least twelve months from the date of signature of these accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.24 31.3.23
£    £   
Investment in LLP 602,862 604,452

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 April 2023
and 31 March 2024 602,153
Net book value
At 31 March 2024 602,153
At 31 March 2023 602,153

ROONSTAR INVESTMENTS LIMITED (REGISTERED NUMBER: 09808977)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. INVESTMENT PROPERTY - continued

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2022 7,153
Cost 595,000
602,153

6. CURRENT ASSET INVESTMENTS
31.3.24 31.3.23
£    £   
Current Investment in LLP 2,364 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security - 250
Other creditors 190,191 177,389
190,191 177,639

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans (see note 9) 1,006,112 1,006,112

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 602,862 602,862
Bank Loans more than 5 yrs 403,250 403,250
1,006,112 1,006,112

9. LOANS

An analysis of the maturity of loans is given below:

31.3.24 31.3.23
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 602,862 602,862
Bank Loans more than 5 yrs 403,250 403,250
1,006,112 1,006,112

ROONSTAR INVESTMENTS LIMITED (REGISTERED NUMBER: 09808977)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100