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REGISTERED NUMBER: 07652561 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Caswall Rolt Limited

Caswall Rolt Limited (Registered number: 07652561)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Caswall Rolt Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: R C Rolt





REGISTERED OFFICE: Unit 3
Bishops Frome Technology Park
Bishops Frome
Worcester
WR6 5AY





REGISTERED NUMBER: 07652561 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

Caswall Rolt Limited (Registered number: 07652561)

Balance Sheet
31 May 2024

31.5.24 31.5.23
as restated
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,736,282 1,736,282

CURRENT ASSETS
Debtors 5 444,729 925,043
Cash at bank 911,968 410,291
1,356,697 1,335,334
CREDITORS
Amounts falling due within one year 6 216,051 214,873
NET CURRENT ASSETS 1,140,646 1,120,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,876,928

2,856,743

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,876,926 2,856,741
SHAREHOLDERS' FUNDS 2,876,928 2,856,743

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Caswall Rolt Limited (Registered number: 07652561)

Balance Sheet - continued
31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 February 2025 and were signed by:





R C Rolt - Director


Caswall Rolt Limited (Registered number: 07652561)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

Caswall Rolt 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.

The functional and presentational currency of the company is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Going concern
After reviewing the company's forecasts and projections, the members have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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

Investments
Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate or surplus arising from changes in fair value is recognised through profit and loss.

Impairment of assets
Fixed assets are reviewed at each reporting date to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Debtors and creditors receivable/payable in one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.


Caswall Rolt Limited (Registered number: 07652561)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


2. ACCOUNTING POLICIES - continued
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.

Provision for liabilities
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Dividends
Dividends are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS

31.5.24 31.5.23
as restated
£    £   
Shares in group undertakings 1 1
Other investments not loans 1,736,281 1,736,281
1,736,282 1,736,282

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 June 2023
and 31 May 2024 1
NET BOOK VALUE
At 31 May 2024 1
At 31 May 2023 1

Caswall Rolt Limited (Registered number: 07652561)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


4. FIXED ASSET INVESTMENTS - continued

Investments (neither listed nor unlisted) were as follows:
31.5.24 31.5.23
as restated
£    £   
Brought forward 1,736,281 1,736,281

Other investments represents the company's capital account balance in a Limited Liability Partnership.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
as restated
£    £   
Amounts owed by group undertakings 426,853 907,187
Other debtors 17,876 17,856
444,729 925,043

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
as restated
£    £   
Other creditors 216,051 214,873

7. RELATED PARTY DISCLOSURES

As at 31 May 2024 £426,853 (2023: £907,187) was owed from a company controlled by key management personnel. The loan is interest free and is repayable on demand.

As at 31 May 2024 £214,549 (2023: £213,372) was owed to an entity controlled by key management personnel. The loan is interest free and is repayable on demand.