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REGISTERED NUMBER: 00182836 (England and Wales)














THE ROTHER IRONWORKS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






THE ROTHER IRONWORKS LIMITED (REGISTERED NUMBER: 00182836)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


THE ROTHER IRONWORKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mrs F E A Beets
Miss P E M Tuke





SECRETARY: Mrs F E A Beets





REGISTERED OFFICE: 82 High Street
Tenterden
Kent
TN30 6JG





REGISTERED NUMBER: 00182836 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG

THE ROTHER IRONWORKS LIMITED (REGISTERED NUMBER: 00182836)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 350,000 350,000
350,000 350,000

CURRENT ASSETS
Debtors 6 7,245 1,868
Cash at bank 7,002 11,529
14,247 13,397
CREDITORS
Amounts falling due within one year 7 10,855 13,603
NET CURRENT ASSETS/(LIABILITIES) 3,392 (206 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

353,392

349,794

CREDITORS
Amounts falling due after more than one
year

8

-

5,077
NET ASSETS 353,392 344,717

CAPITAL AND RESERVES
Called up share capital 10 15,870 15,870
Revaluation reserve 11 332,688 332,688
Retained earnings 4,834 (3,841 )
SHAREHOLDERS' FUNDS 353,392 344,717

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.

THE ROTHER IRONWORKS LIMITED (REGISTERED NUMBER: 00182836)

BALANCE SHEET - 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 28 February 2025 and were signed on its behalf by:





Mrs F E A Beets - Director


THE ROTHER IRONWORKS LIMITED (REGISTERED NUMBER: 00182836)

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


1. STATUTORY INFORMATION

The Rother Ironworks 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 (£).


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.

Turnover
The company's turnover represents the value of rent due to the company for the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2023
and 30 September 2024 484
DEPRECIATION
At 1 October 2023
and 30 September 2024 484
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

THE ROTHER IRONWORKS LIMITED (REGISTERED NUMBER: 00182836)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 350,000
NET BOOK VALUE
At 30 September 2024 350,000
At 30 September 2023 350,000

Freehold investment property with a cost of £17,312 (2022: £17,312) was revalued to fair value at 30 September 2021 by the directors. The directors believe that this valuation is still reasonable.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 7,245 1,868

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,285 7,512
Taxation and social security 3,870 3,390
Other creditors 2,700 2,701
10,855 13,603

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 5,077

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 4,285 12,589

The bank loan is secured by means of a first fixed charge on 143 South Undercliff, Rye, East Sussex, and a floating charge over the assets of the company. In addition Ms P Tuke, a director, has provided a personal guarantee to the bank limited to £30,000.

THE ROTHER IRONWORKS LIMITED (REGISTERED NUMBER: 00182836)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
15,870 Ordinary £1 15,870 15,870

11. RESERVES
Revaluatio
reserve
£   
At 1 October 2023
and 30 September 2024 332,688

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Miss P E M Tuke
Balance outstanding at start of year 1,295 (5 )
Amounts advanced 4,510 1,300
Amounts repaid (401 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,404 1,295

The loan to the director is interest free and fully repayable.