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REGISTERED NUMBER: 14963522 (England and Wales)















Unaudited Financial Statements

for the Period 27 June 2023 to 31 March 2024

for

De Rohan FIC1 Limited

De Rohan FIC1 Limited (Registered number: 14963522)






Contents of the Financial Statements
for the Period 27 June 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


De Rohan FIC1 Limited

Company Information
for the Period 27 June 2023 to 31 March 2024







DIRECTORS: C de Rohan
S de Rohan





REGISTERED OFFICE: Curo House
25 Greenbox
Westonhall Road
Bromsgrove
Worcestershire
B60 4AL





REGISTERED NUMBER: 14963522 (England and Wales)





ACCOUNTANTS: Curo Chartered Accountants
Curo House
Greenbox
Westonhall Road
Bromsgrove
Worcestershire
B60 4AL

De Rohan FIC1 Limited (Registered number: 14963522)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Investments 4 10,729,105

CURRENT ASSETS
Cash at bank 3,961

CREDITORS
Amounts falling due within one year 5 2,241
NET CURRENT ASSETS 1,720
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,730,825

PROVISIONS FOR LIABILITIES 181,905
NET ASSETS 10,548,920

CAPITAL AND RESERVES
Called up share capital 10,000,000
Retained earnings 548,920
10,548,920

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by:





C de Rohan - Director


De Rohan FIC1 Limited (Registered number: 14963522)

Notes to the Financial Statements
for the Period 27 June 2023 to 31 March 2024

1. STATUTORY INFORMATION

De Rohan FIC1 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The financial statements are rounded to the nearest £1.

The company was incorporated on 27th June 2023 and has shortened its financial year to 9 months, this is the company's first financial period and therefore no comparative information is available.

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.

Going concern
The financial statements have been prepared on the going concern basis on the grounds that the directors believe that there is sufficient funding in place to support the business for the next twelve months from the date of approval of the financial statements.

Taxation
Tax on the profit or loss 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 directly in equity or other comprehensive income, in which case it is recognised directly in equity or other comprehensive income.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years.

Deferred tax is provided on timing differences which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. The following timing differences are not provided for; differences between accumulated depreciation and tax allowances for the cost of a fixed asset if and when all conditions for retaining the tax allowances have been met; and differences relating to investments to the extent that it is not probable that they will reverse in the foreseeable future and the reporting entity is able to control the reversal of the timing difference. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tax charges or allowances are greater or smaller than the corresponding income or expense.

Deferred tax is measured at the tax rate that is expected to apply to the reversal of the related difference, using tax rates enacted or substantively enacted at the balance sheet. Deferred tax balances are not discounted.

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.

De Rohan FIC1 Limited (Registered number: 14963522)

Notes to the Financial Statements - continued
for the Period 27 June 2023 to 31 March 2024

2. ACCOUNTING POLICIES - continued

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).

Provisions and contingencies
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the Statement of Comprehensive Income in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance Sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

Contingent liabilities are recognised as a provision when the likelihood of economic outflow is assessed as probable. Contingent liabilities arise as a result of past events when (i) it is not probable that there will be an outflow of resources or that the amount cannot be reliably measured at the reporting date or (ii) when the existence will be confirmed by the occurrence or non-occurrence of uncertain future events not wholly within the company's control. Contingent liabilities are not recognised as a provision but are instead disclosed in the financial statements when the likelihood of economic settlement is deemed possible and not probable. Contingent liabilities are not recognised as a disclosure when the probability of an outflow of resources is remote.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 13,501,484
Disposals (3,500,000 )
Revaluations 727,621
At 31 March 2024 10,729,105
NET BOOK VALUE
At 31 March 2024 10,729,105

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2023 727,621
Cost 10,001,484
10,729,105

De Rohan FIC1 Limited (Registered number: 14963522)

Notes to the Financial Statements - continued
for the Period 27 June 2023 to 31 March 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 1
Taxation and social security 1,065
Other creditors 1,175
2,241