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REGISTERED NUMBER: 06684891 (England and Wales)

















Unaudited Financial Statements

For The Year Ended 30 September 2024

for

Roburg Partnerships Ltd

Roburg Partnerships Ltd (Registered number: 06684891)

Contents of the Financial Statements
For The Year Ended 30 September 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Roburg Partnerships Ltd

Company Information
For The Year Ended 30 September 2024







DIRECTORS: Mr G J G Burger
Mrs L C Burger





REGISTERED OFFICE: 10-12 Mulberry Green
Old Harlow
Essex
CM17 0ET





REGISTERED NUMBER: 06684891 (England and Wales)





ACCOUNTANTS: Giess Wallis Crisp LLP
10-12 Mulberry Green
Old Harlow
Essex
CM17 0ET

Roburg Partnerships Ltd (Registered number: 06684891)

Statement of Financial Position
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 990,000 930,000
990,000 930,000

CURRENT ASSETS
Debtors 6 1,452 -
Cash at bank 544 1,009
1,996 1,009
CREDITORS
Amounts falling due within one year 7 392,156 364,300
NET CURRENT LIABILITIES (390,160 ) (363,291 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

599,840

566,709

CREDITORS
Amounts falling due after more than one
year

8

(205,071

)

(219,914

)

PROVISIONS FOR LIABILITIES 10 (92,740 ) (77,740 )
NET ASSETS 302,029 269,055

CAPITAL AND RESERVES
Called up share capital 11 4 4
Fair value reserve 12 278,221 233,221
Retained earnings 12 23,804 35,830
SHAREHOLDERS' FUNDS 302,029 269,055

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Roburg Partnerships Ltd (Registered number: 06684891)

Statement of Financial Position - continued
30 September 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 7 February 2025 and were signed on its behalf by:




Mr G J G Burger - Director



Mrs L C Burger - Director


Roburg Partnerships Ltd (Registered number: 06684891)

Notes to the Financial Statements
For The Year Ended 30 September 2024


1. STATUTORY INFORMATION

Roburg Partnerships Ltd 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 as modified by the revaluation of certain assets.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

There are no estimates and assumptions which have had a significant risk of causing a material adjustment to the carrying amount of assets and liabilities

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

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.

Financial instruments
The company has elected to apply the provisions of Section 11:'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues ' of FRS 102 to all of its financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade debtors and creditors.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors
Short terms debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by current accounts, cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price.


Roburg Partnerships Ltd (Registered number: 06684891)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024


2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2023
and 30 September 2024 2,041
DEPRECIATION
At 1 October 2023
and 30 September 2024 2,041
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 930,000
Revaluations 60,000
At 30 September 2024 990,000
NET BOOK VALUE
At 30 September 2024 990,000
At 30 September 2023 930,000

Roburg Partnerships Ltd (Registered number: 06684891)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024


5. INVESTMENT PROPERTY - continued

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2018 265,961
Valuation in 2020 20,000
Valuation in 2022 25,000
Valuation in 2024 60,000
Cost 619,039
990,000

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 619,039 619,039

Investment properties were valued on an open market basis on 30 September 2024 by the Directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,452 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 19,500 19,500
Other creditors 372,656 344,800
392,156 364,300

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 205,071 219,914

Amounts falling due in more than five years:

Repayable by instalments
Bank loans repayable after
more than five years 129,784 139,997
129,784 139,997

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 224,571 239,414

The bank loan is secured on the freehold property.

Roburg Partnerships Ltd (Registered number: 06684891)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024


10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 92,740 77,740

Deferred
tax
£   
Balance at 1 October 2023 77,740
Provided during year 15,000
Balance at 30 September 2024 92,740

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2
2 Ordinary "A" £1 2 2
4 4

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2023 35,830 233,221 269,051
Profit for the year 33,974 33,974
Dividends (1,000 ) (1,000 )
Fair Value Uplift (60,000 ) 60,000 -
Deferred tax on fair value
uplift 15,000 (15,000 ) -
At 30 September 2024 23,804 278,221 302,025