Acorah Software Products - Accounts Production 16.2.850 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 04983507 Mrs Jane Lockyer Mr James Lockyer Mrs Jane Lockyer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04983507 2023-10-31 04983507 2024-10-31 04983507 2023-11-01 2024-10-31 04983507 frs-core:CurrentFinancialInstruments 2024-10-31 04983507 frs-core:RevaluationReserve 2023-11-01 2024-10-31 04983507 frs-core:RevaluationReserve 2024-10-31 04983507 frs-core:SharePremium 2024-10-31 04983507 frs-core:ShareCapital 2024-10-31 04983507 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 04983507 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04983507 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 04983507 frs-bus:SmallEntities 2023-11-01 2024-10-31 04983507 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 04983507 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 04983507 frs-core:CostValuation 2023-10-31 04983507 frs-core:AdditionsToInvestments 2024-10-31 04983507 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-10-31 04983507 frs-core:CostValuation 2024-10-31 04983507 frs-core:ProvisionsForImpairmentInvestments 2023-10-31 04983507 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 04983507 frs-core:ListedExchangeTraded 2024-10-31 04983507 frs-core:ListedExchangeTraded 2023-10-31 04983507 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-10-31 04983507 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-10-31 04983507 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-10-31 04983507 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-10-31 04983507 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-10-31 04983507 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-10-31 04983507 frs-bus:Director1 2023-11-01 2024-10-31 04983507 frs-bus:Director2 2023-11-01 2024-10-31 04983507 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 04983507 frs-countries:EnglandWales 2023-11-01 2024-10-31 04983507 2022-10-31 04983507 2023-10-31 04983507 2022-11-01 2023-10-31 04983507 frs-core:CurrentFinancialInstruments 2023-10-31 04983507 frs-core:RevaluationReserve 2023-10-31 04983507 frs-core:SharePremium 2023-10-31 04983507 frs-core:ShareCapital 2023-10-31 04983507 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 04983507
Roseaton Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04983507
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 534,950 452,667
534,950 452,667
CURRENT ASSETS
Debtors 5 1,365,596 1,424,153
Cash at bank and in hand 184,036 196,764
1,549,632 1,620,917
Creditors: Amounts Falling Due Within One Year 6 (2,186 ) (2,006 )
NET CURRENT ASSETS (LIABILITIES) 1,547,446 1,618,911
TOTAL ASSETS LESS CURRENT LIABILITIES 2,082,396 2,071,578
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,326 ) (1,829 )
NET ASSETS 2,070,070 2,069,749
CAPITAL AND RESERVES
Called up share capital 7 600 600
Share premium account 399,600 399,600
Revaluation reserve 8 36,976 -
Profit and Loss Account 1,632,894 1,669,549
SHAREHOLDERS' FUNDS 2,070,070 2,069,749
Page 1
Page 2
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Lockyer
Director
5 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Roseaton Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04983507 . The registered office is Hunros An Mor, 7 Buttlegate, Downderry, Torpoint, Cornwall, PL11 3NQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Taxation
The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to
an item of income or expense recognised as other comprehensive income is also recognised directly in other
comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or
substantively enacted by the reporting date in the countries where the company operates and generates taxable
income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the
financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered
against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the
reporting date and that are expected to apply to the reversal of the timing difference.
2.3. Investment
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially
measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are
not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method.
Dividends on equity securities are recognised in income when receivable.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investments
Subsidiaries Listed Total
£ £ £
Cost
As at 1 November 2023 400,000 52,667 452,667
Additions - 40,298 40,298
Revaluations - 41,985 41,985
As at 31 October 2024 400,000 134,950 534,950
Provision
As at 1 November 2023 - - -
As at 31 October 2024 - - -
Net Book Value
As at 31 October 2024 400,000 134,950 534,950
As at 1 November 2023 400,000 52,667 452,667
Page 3
Page 4
Details of undertakings :
Details of the investments (including principal place of business of unincorporated entities) in which the company
holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking
Registered office
Holding
Proportion of voting rights
and shares held

'2024'
Proportion of voting rights
and shares held

'2023'
James Lockyer Associates
Limited
4 Oakland Mews
Owen Sivell Close
Liskeard
Cornwall
PL14 3UX
England
Ordinary £1
shares 
100%
100%
James Lockyer Developments
Limited
7 Buttlegate
Downderry
Torpoint
Cornwall
PL11 3NQ
England
Ordinary £1
shares
100%
100%
Subsidiary undertakings
James Lockyer Associates Limited
The principal activity of James Lockyer Associates Limited is Engineering Consultants.
James Lockyer Developments Limited
The principal activity of James Lockyer Developments Limited is Property Management.
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,365,596 1,424,153
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,475 1,128
Taxation and social security 711 878
2,186 2,006
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 600 600
8. Reserves
Revaluation Reserve
£
Transfer to profit and loss 36,976
As at 31 October 2024 36,976
Page 4
Page 5
9. Related Party Transactions
During the year the company made advances to the director of £595. This amount was outstanding at the yearend. Interest has been charged on the outstanding amount at the HMRC standard rate on a monthly basis. The loan is repayable on demand.
Page 5