Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-300false2023-05-01No description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC212489 2023-05-01 2024-04-30 SC212489 2022-05-01 2023-04-30 SC212489 2024-04-30 SC212489 2023-04-30 SC212489 2022-05-01 SC212489 c:CompanySecretary1 2023-05-01 2024-04-30 SC212489 c:Director1 2023-05-01 2024-04-30 SC212489 c:Director2 2023-05-01 2024-04-30 SC212489 c:RegisteredOffice 2023-05-01 2024-04-30 SC212489 d:PlantMachinery 2023-05-01 2024-04-30 SC212489 d:PlantMachinery 2024-04-30 SC212489 d:PlantMachinery 2023-04-30 SC212489 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC212489 d:FurnitureFittings 2023-05-01 2024-04-30 SC212489 d:FurnitureFittings 2024-04-30 SC212489 d:FurnitureFittings 2023-04-30 SC212489 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC212489 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC212489 d:CurrentFinancialInstruments 2024-04-30 SC212489 d:CurrentFinancialInstruments 2023-04-30 SC212489 d:Non-currentFinancialInstruments 2024-04-30 SC212489 d:Non-currentFinancialInstruments 2023-04-30 SC212489 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 SC212489 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 SC212489 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 SC212489 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 SC212489 d:ShareCapital 2024-04-30 SC212489 d:ShareCapital 2023-04-30 SC212489 d:ShareCapital 2022-05-01 SC212489 d:RevaluationReserve 2023-05-01 2024-04-30 SC212489 d:RevaluationReserve 2024-04-30 SC212489 d:RevaluationReserve 2023-04-30 SC212489 d:RevaluationReserve 2022-05-01 SC212489 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 SC212489 d:RetainedEarningsAccumulatedLosses 2024-04-30 SC212489 d:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 SC212489 d:RetainedEarningsAccumulatedLosses 2023-04-30 SC212489 d:RetainedEarningsAccumulatedLosses 2022-05-01 SC212489 c:OrdinaryShareClass1 2023-05-01 2024-04-30 SC212489 c:OrdinaryShareClass1 2024-04-30 SC212489 c:OrdinaryShareClass1 2023-04-30 SC212489 c:FRS102 2023-05-01 2024-04-30 SC212489 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC212489 c:FullAccounts 2023-05-01 2024-04-30 SC212489 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC212489 2 2023-05-01 2024-04-30 SC212489 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC212489










ROSEANGLE PROPERTIES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

 
ROSEANGLE PROPERTIES LIMITED
 

COMPANY INFORMATION


Directors
R J H Brunton 
S M Brunton 




Company secretary
R J H Brunton



Registered number
SC212489



Registered office
5 Arbroath Road

Carnoustie

Angus

DD7 6BN




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
ROSEANGLE PROPERTIES LIMITED
REGISTERED NUMBER: SC212489

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 3 
343
585

Investments
 4 
450,000
450,000

  
450,343
450,585

Current assets
  

Debtors: amounts falling due after more than one year
 5 
-
240,563

Cash at bank and in hand
  
9,808
11,138

  
9,808
251,701

Creditors: amounts falling due within one year
 6 
(42,798)
(58,056)

Net current (liabilities)/assets
  
 
 
(32,990)
 
 
193,645

Total assets less current liabilities
  
417,353
644,230

Creditors: amounts falling due after more than one year
 7 
-
(232,375)

Provisions for liabilities
  

Deferred tax
  
(74,069)
(50,291)

  
 
 
(74,069)
 
 
(50,291)

Net assets
  
343,284
361,564


Capital and reserves
  

Called up share capital 
 8 
2
2

Revaluation reserve
  
290,496
314,024

Profit and loss account
  
52,786
47,538

  
343,284
361,564

Page 1

 
ROSEANGLE PROPERTIES LIMITED
REGISTERED NUMBER: SC212489

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 January 2025.



R J H Brunton
Director

The notes on pages 3 to 6 form part of these financial statements.




STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2024


Called up share capital
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£


At 1 May 2022
2
314,024
48,269
362,295



Profit for the year
-
-
3,269
3,269

Dividends: Equity capital
-
-
(4,000)
(4,000)



At 1 May 2023
2
314,024
47,538
361,564



Loss for the year
-
-
(16,280)
(16,280)

Dividends: Equity capital
-
-
(2,000)
(2,000)

Deferred tax
-
(23,528)
23,528
-


At 30 April 2024
2
290,496
52,786
343,284


The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
ROSEANGLE PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Roseangle Properties Limited is a private company limited by shares domiciled in the United Kingdom with registration number SC212489.  The registered office is 5 Arbroath Road, Carnoustie, Angus, DD7 6BN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
ROSEANGLE PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Property improvements
-
10%
Fixtures and fittings
-
10%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
ROSEANGLE PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Tangible Fixed Assets





Property Improvements
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 May 2023
11,804
2,835
14,639



At 30 April 2024

11,804
2,835
14,639



Depreciation


At 1 May 2023
11,390
2,664
14,054


Charge for the year on owned assets
208
34
242



At 30 April 2024

11,598
2,698
14,296



Net book value



At 30 April 2024
206
137
343



At 30 April 2023
414
171
585


4.


Fixed asset investments





Investment Property

£



Cost or valuation


At 1 May 2023
450,000



At 30 April 2024
450,000







5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
-
240,563

-
240,563


Page 5

 
ROSEANGLE PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
39,375
54,647

Accruals and deferred income
3,423
3,409

42,798
58,056



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
232,375

-
232,375


Secured loans
Bank loans are secured over the investment property.

The aggregate amount of liabilities repayable wholly or in part more than five years after the reporting date is:

2024
2023
£
£


Repayable other than by instalments
-
232,375

-
232,375

The mortgage is held on an interest-only basis and is due to be repaid in 2032.


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2



Page 6