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REGISTERED NUMBER: 08584703 (England and Wales)








Unaudited Financial Statements

for the Year Ended

30 June 2024

for

Roope Ltd

Roope Ltd (Registered number: 08584703)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Roope Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: N S Sander





REGISTERED OFFICE: Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT





REGISTERED NUMBER: 08584703 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Roope Ltd (Registered number: 08584703)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 366 488
Investments 5 100 100
Investment property 6 1,155,720 1,155,720
1,156,186 1,156,308

CURRENT ASSETS
Debtors 7 230,050 229,084
Cash at bank 247,306 295,366
477,356 524,450
CREDITORS
Amounts falling due within one year 8 588,711 660,003
NET CURRENT LIABILITIES (111,355 ) (135,553 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,044,831

1,020,755

CREDITORS
Amounts falling due after more than one year 9 (589,807 ) (601,783 )

PROVISIONS FOR LIABILITIES (31 ) (31 )
NET ASSETS 454,993 418,941

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 454,893 418,841
SHAREHOLDERS' FUNDS 454,993 418,941

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

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

Roope Ltd (Registered number: 08584703)

Balance Sheet - continued
30 June 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 director and authorised for issue on 14 November 2024 and were signed by:





N S Sander - Director


Roope Ltd (Registered number: 08584703)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Roope 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.

Preparation of consolidated financial statements
The financial statements contain information about Roope Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings - 25% Reducing Balance
Computer Equipment - 25% Reducing Balance

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 205 1,264 1,469
DEPRECIATION
At 1 July 2023 190 791 981
Charge for year 4 118 122
At 30 June 2024 194 909 1,103
NET BOOK VALUE
At 30 June 2024 11 355 366
At 30 June 2023 15 473 488

Roope Ltd (Registered number: 08584703)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 100
NET BOOK VALUE
At 30 June 2024 100
At 30 June 2023 100

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,155,720
NET BOOK VALUE
At 30 June 2024 1,155,720
At 30 June 2023 1,155,720

The Investment Properties were valued on an open market basis on 30th June 2024 by the directors.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 230,050 229,050
Other debtors - 34
230,050 229,084

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 222,068 222,068
Taxation and social security 26,125 23,717
Other creditors 340,518 414,218
588,711 660,003

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 589,807 601,783

Amounts falling due in more than five years:

Repayable by instalments
Debentures > 5 years by instal 541,903 553,879

Roope Ltd (Registered number: 08584703)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Debentures 601,784 613,760

A legal charge in favour of Atom Bank plc in standard form over each of the Properties.

A debenture in favour of Atom Bank plc in standard form from the Borrower.

A Company Guarantee from Roope Leisure Limited to cover the liabilities of Roope Ltd plus any interest, costs or fees, in favour of Atom Bank plc in standard form.

A personal guarantee from Nirvair Sander for £126,000 plus any interest, costs or fees, to cover the liabilities of Roope Limited in favour of Atom Bank Plc in standard form.

11. RELATED PARTY DISCLOSURES

At the end of the year the amount owed to the directors were £317,735 (2023: £387,635).

At the end of the year the amount owed to Roope Leisure Ltd was £222,068 (2023: £222,068).

At the end of the year the amount owed from Roope Resi Ltd was £184,050 (2023: £184,050).

At the end of the year the amount owed from Sander Investments Ltd was £46,000 (2023: £45,000).