REGISTERED NUMBER: 05415947 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ROTHWELL INVESTMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Robinson

REGISTERED OFFICE:

Unit 9

Greenhey Place

East Gillibrands

Skelmersdale

Lancashire

WN8 9SA

REGISTERED NUMBER:

05415947 (England and Wales)

ACCOUNTANTS:

Fairhurst Accountants Ltd

Chartered Accountants

Douglas Bank House

Wigan Lane

Wigan

Lancashire

WN1 2TB

FIXED ASSETS

Tangible assets

4

9,016

10,472

Investment property

5

475,000

475,000

484,016

485,472

CURRENT ASSETS

Debtors

6

5,629

5,629

Cash at bank

36,797

46,731

42,426

52,360

CREDITORS

Amounts falling due within one year

7

82,765

64,877

NET CURRENT LIABILITIES

(40,339

)

(12,517

)

TOTAL ASSETS LESS CURRENT LIABILITIES

443,677

472,955

CREDITORS

Amounts falling due after more than one year

8

145,683

190,518

NET ASSETS

297,994

282,437

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

10

212,010

212,010

Retained earnings

85,884

70,327

SHAREHOLDERS' FUNDS

297,994

282,437

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 3 May 2025 and were signed by:

M Robinson - Director

1.	STATUTORY INFORMATION

Rothwell Investments 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.

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

Turnover represents the net invoiced value of rents charged excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance and 5% on cost

Investment property

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

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 November 2023

and 31 October 2024

75,322

DEPRECIATION

At 1 November 2023

64,850

Charge for year

1,456

At 31 October 2024

66,306

NET BOOK VALUE

At 31 October 2024

9,016

At 31 October 2023

10,472

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2023

and 31 October 2024

475,000

NET BOOK VALUE

At 31 October 2024

475,000

At 31 October 2023

475,000

Fair value at 31 October 2024 is represented by:

£

Valuation in 2006

337,010

Valuation in 2016

(125,000

)

Cost

262,990

475,000

If the investment property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

262,990

262,990

The investment property was valued on an open market basis on 19 April 2017 by Hardie Brack Chartered Surveyors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

5,629

5,629

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

24,926

10,814

Trade creditors

51,503

42,503

Taxation and social security

5,036

4,860

Other creditors

1,300

6,700

82,765

64,877

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

145,683

190,518

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

45,979

147,263

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

170,609

201,332

Aldermore Bank Plc holds a legal charge over 8-9 Greenhey Place, Skelmersdale, Lancashire.

10.

RESERVES

Revaluation

reserve

£

At 1 November 2023

and 31 October 2024

212,010

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mark Robinson by virtue of being the sole director and shareholder of Rothwell Investments Limited.