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REGISTERED NUMBER: 03683457 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ROSESWIFT LIMITED

ROSESWIFT LIMITED (REGISTERED NUMBER: 03683457)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ROSESWIFT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: J N C Jensen
Mrs J Jensen





REGISTERED OFFICE: Ground Floor
Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS





REGISTERED NUMBER: 03683457 (England and Wales)





ACCOUNTANTS: Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS

ROSESWIFT LIMITED (REGISTERED NUMBER: 03683457)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 1,299 517
Investment property 5 1,249,250 1,541,850
1,250,549 1,542,367

CURRENT ASSETS
Cash at bank 83,046 11,724

CREDITORS
Amounts falling due within one year 6 (6,245 ) (5,040 )
NET CURRENT ASSETS 76,801 6,684
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,327,350

1,549,051

CREDITORS
Amounts falling due after more than one
year

7

(571,810

)

(671,810

)

PROVISIONS FOR LIABILITIES (247 ) (98 )
NET ASSETS 755,293 877,143

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 391,137 484,737
Retained earnings 364,056 392,306
SHAREHOLDERS' FUNDS 755,293 877,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 13 May 2025 and were signed on its behalf by:




J N C Jensen - Director


ROSESWIFT LIMITED (REGISTERED NUMBER: 03683457)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Roseswift 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.

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 rental income. Turnover is recognised on an accrual basis, according to occupancy of the properties.

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 - 33.33% on cost

Investment property
Investment properties are included in the Balance sheet at their open market value in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and are not depreciated. This treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 April 2024 2,221
Additions 1,949
Disposals (672 )
At 31 March 2025 3,498
DEPRECIATION
At 1 April 2024 1,704
Charge for year 1,167
Eliminated on disposal (672 )
At 31 March 2025 2,199
NET BOOK VALUE
At 31 March 2025 1,299
At 31 March 2024 517

ROSESWIFT LIMITED (REGISTERED NUMBER: 03683457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 1,541,850
Disposals (199,000 )
Revaluations (93,600 )
At 31 March 2025 1,249,250
NET BOOK VALUE
At 31 March 2025 1,249,250
At 31 March 2024 1,541,850

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2022 1,501,000
Valuation in 2023 26,600
Valuation in 2024 14,250
Valuation in 2025 (292,600 )
1,249,250

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 4,356 -
Directors' current accounts - 3,149
Accrued expenses 1,889 1,891
6,245 5,040

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans more 5 yrs non-inst 454,650 454,650
Directors' loan accounts 117,160 217,160
571,810 671,810

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 454,650 454,650

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 454,650 454,650

The mortgage in respect of the investment property held by the company is secured against the assets to a value pari passu with that of the property.

ROSESWIFT LIMITED (REGISTERED NUMBER: 03683457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

9. RESERVES
Revaluation
reserve
£   
At 1 April 2024 484,737
Property revaluation (93,600 )

At 31 March 2025 391,137

10. RELATED PARTY DISCLOSURES

For the period under review, the company was controlled by its director, Mr J Jensen

There is no ultimate controlling party.