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REGISTERED NUMBER: 12373930 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ROSEMONT INVESTMENT HOLDINGS LIMITED

ROSEMONT INVESTMENT HOLDINGS LIMITED (REGISTERED NUMBER: 12373930)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROSEMONT INVESTMENT HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: H S Narwal
G S Narwal
Mrs B K Narwal





REGISTERED OFFICE: Second Floor South
The Fitted Rigging House
Anchor Wharf, The Historic Dockyard
Chatham
Kent
ME4 4TZ





REGISTERED NUMBER: 12373930 (England and Wales)





ACCOUNTANTS: Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ

ROSEMONT INVESTMENT HOLDINGS LIMITED (REGISTERED NUMBER: 12373930)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 800,000 800,000
Investment property 5 808,895 802,339
1,608,895 1,602,339

CURRENT ASSETS
Debtors 6 36,924 39,607
Cash at bank 1,319 815
38,243 40,422
CREDITORS
Amounts falling due within one year 7 369,879 330,339
NET CURRENT LIABILITIES (331,636 ) (289,917 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,277,259

1,312,422

CREDITORS
Amounts falling due after more than one
year

8

373,288

403,991
NET ASSETS 903,971 908,431

CAPITAL AND RESERVES
Called up share capital 10 2,000 2,000
Merger Reserve 799,000 799,000
Retained earnings 102,971 107,431
SHAREHOLDERS' FUNDS 903,971 908,431

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

ROSEMONT INVESTMENT HOLDINGS LIMITED (REGISTERED NUMBER: 12373930)

BALANCE SHEET - continued
31 JANUARY 2024


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 Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





H S Narwal - Director


ROSEMONT INVESTMENT HOLDINGS LIMITED (REGISTERED NUMBER: 12373930)

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


1. STATUTORY INFORMATION

Rosemont Investment Holdings 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 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.

Preparation of consolidated financial statements
The financial statements contain information about Rosemont Investment Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment.

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.

3. EMPLOYEES AND DIRECTORS

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

ROSEMONT INVESTMENT HOLDINGS LIMITED (REGISTERED NUMBER: 12373930)

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


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023
and 31 January 2024 800,000
NET BOOK VALUE
At 31 January 2024 800,000
At 31 January 2023 800,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 802,339
Additions 6,556
At 31 January 2024 808,895
NET BOOK VALUE
At 31 January 2024 808,895
At 31 January 2023 802,339

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 36,924 39,607

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 29,689 28,676
Trade creditors 3,797 441
Amounts owed to group undertakings 246,217 201,891
Taxation and social security - 6,915
Other creditors 90,176 92,416
369,879 330,339

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 373,288 403,991

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 254,531 289,287

ROSEMONT INVESTMENT HOLDINGS LIMITED (REGISTERED NUMBER: 12373930)

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


9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 402,977 432,667

The bank loan is secured by a 1st legal charge over the Freehold and a guarantee for £513,750 supported by debenture by it's subsidiary.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
750 Ordinary A £1 750 750
750 Ordinary B £1 750 750
500 Ordinary C £1 500 500
2,000 2,000