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REGISTERED NUMBER: 04473580 (England and Wales)






Rougemont Limited

Financial Statements

for the Year Ended 31 December 2024






Rougemont Limited (Registered number: 04473580)

Contents of the Financial Statements
for the year ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rougemont Limited

Company Information
for the year ended 31 December 2024







DIRECTORS: Ms J R Fletcher OBE
Mr J R Craven
Mr N Smillie





REGISTERED OFFICE: 33 George Street
Wakefield
West Yorkshire
WF1 1LX





REGISTERED NUMBER: 04473580 (England and Wales)





ACCOUNTANTS: SMH Jolliffe Cork Ltd
Accountants & Business Advisors
33 George Street
Wakefield
West Yorkshire
WF1 1LX

Rougemont Limited (Registered number: 04473580)

Balance Sheet
31 December 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,636 2,514
Investments 6 - 1
1,636 2,515

CURRENT ASSETS
Stocks - 220,000
Debtors 7 48,649 600,795
Cash at bank 236,578 248,669
285,227 1,069,464
CREDITORS
Amounts falling due within one year 8 49,772 884,691
NET CURRENT ASSETS 235,455 184,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

237,091

187,288

PROVISIONS FOR LIABILITIES 311 628
NET ASSETS 236,780 186,660

Rougemont Limited (Registered number: 04473580)

Balance Sheet - continued
31 December 2024

2024 2023
Notes £ £ £

CAPITAL AND RESERVES
Called up share capital 9 85,000 85,000
Subordinated loan 125,000 125,000
Retained earnings 26,780 (23,340 )
SHAREHOLDERS' FUNDS 236,780 186,660

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 30 April 2025 and were signed on its behalf by:




Ms J R Fletcher OBE - Director Mr N Smillie - Director




Mr J R Craven - Director


Rougemont Limited (Registered number: 04473580)

Notes to the Financial Statements
for the year ended 31 December 2024


1. STATUTORY INFORMATION

Rougemont Limited is a private limited 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 company's principal place of business is Bowcliffe Grange, Bowcliffe Hall, Bramham, Wetherby, West Yorkshire, LS23 6LP.

The functional and presentation currency for the company is the pound sterling (£). All financial information presented has been rounded to the nearest (£), unless otherwise stated.

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.

Turnover
Turnover relates to income generated in respect of both FCA regulated and non FCA regulated transactions. Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Website development costs- over 3 years

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 33% on cost
Computer equipment - 33% on cost and 20% on cost

Fixed Assets are initially recorded at cost.

Stocks
Syndicated Property stock is stated at cost

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 its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities ae offset, with the net amounts presented in the financial statements, when there is a legally 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.


Rougemont Limited (Registered number: 04473580)

Notes to the Financial Statements - continued
for the year ended 31 December 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
During the financial year the company made employer contributions into the personal pension schemes of the employees. Contributions payable to these pension schemes are charged to the profit and loss account in the period to which they relate.

Investments
Fixed asset investments are stated at cost unless, in the opinion of the directors, there has been a permanent diminution in value, in which case an appropriate adjustment is made. Profits or losses arising from disposal of fixed asset investments are treated as part of the results from ordinary activities.

Commitments under operating lease
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Rougemont Limited (Registered number: 04473580)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


4. INTANGIBLE FIXED ASSETS
Website
development
costs
£
COST
At 1 January 2024
and 31 December 2024 4,000
AMORTISATION
At 1 January 2024
and 31 December 2024 4,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 January 2024
and 31 December 2024 39,540 4,388 43,928
DEPRECIATION
At 1 January 2024 39,540 1,874 41,414
Charge for year - 878 878
At 31 December 2024 39,540 2,752 42,292
NET BOOK VALUE
At 31 December 2024 - 1,636 1,636
At 31 December 2023 - 2,514 2,514

Rougemont Limited (Registered number: 04473580)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 January 2024 1
Disposals (1 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 1

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 27,235 26,440
Amounts owed by related undertakings 3,600 233
Other debtors - 554,333
Prepayments and accrued income 17,814 19,789
48,649 600,795

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 27,175 16,370
Amounts owed to related undertakings - 760,916
Social security and other taxes 1,604 2,454
VAT 16,436 15,392
Accruals and deferred income 4,557 89,559
49,772 884,691

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Nominal 2024 2023
Number: Class: value: £    £   
85,000 Ordinary £1 85,000 85,000

Rougemont Limited (Registered number: 04473580)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£ £
Mr J R Craven
Balance outstanding at start of year - 636
Amounts repaid - (636 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

11. RELATED PARTY DISCLOSURES

During 2023 the company received a subordinated loan from Harlow Property Management Limited, a company under common control. This loan has been provided for a period of not less than 2 years and in accordance with the terms of the agreement, no interest is payable until the repayment of the loan.