| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2024 |
| FOR |
| ROSESHIRE ESTATES LTD |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2024 |
| FOR |
| ROSESHIRE ESTATES LTD |
| ROSESHIRE ESTATES LTD (REGISTERED NUMBER: 04001146) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2024 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| ROSESHIRE ESTATES LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MAY 2024 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 115 Craven Park Road |
| South Tottenham |
| London |
| N15 6BL |
| ROSESHIRE ESTATES LTD (REGISTERED NUMBER: 04001146) |
| STATEMENT OF FINANCIAL POSITION |
| 31 MAY 2024 |
| 31.5.24 | 31.5.23 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 12 |
| Fair value reserve | 13 |
| Retained earnings | 13 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| ROSESHIRE ESTATES LTD (REGISTERED NUMBER: 04001146) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 31 MAY 2024 |
| The financial statements were approved and authorized for issue by the director and authorised for issue on |
| ROSESHIRE ESTATES LTD (REGISTERED NUMBER: 04001146) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2024 |
| 1. | STATUTORY INFORMATION |
| Roseshire Estates Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net rent receivable, excluding value added tax. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| ROSESHIRE ESTATES LTD (REGISTERED NUMBER: 04001146) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MAY 2024 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and |
| fittings |
| £ |
| COST |
| At 1 June 2023 |
| and 31 May 2024 |
| DEPRECIATION |
| At 1 June 2023 |
| Charge for year |
| At 31 May 2024 |
| NET BOOK VALUE |
| At 31 May 2024 |
| At 31 May 2023 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 June 2023 |
| and 31 May 2024 |
| NET BOOK VALUE |
| At 31 May 2024 |
| At 31 May 2023 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.5.24 | 31.5.23 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.5.24 | 31.5.23 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| ROSESHIRE ESTATES LTD (REGISTERED NUMBER: 04001146) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MAY 2024 |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.5.24 | 31.5.23 |
| £ | £ |
| Bank loans (see note 10) |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 203,856 | 211,958 |
| Other creditors include Bounceback loan of £26,667 [2023 - £36,674]. The loan is unsecured, interest free for the first year, then capped at 2.5% and guaranteed by HM Government. |
| 10. | LOANS |
| An analysis of the maturity of loans is given below: |
| 31.5.24 | 31.5.23 |
| £ | £ |
| Amounts falling due between two and five years: |
| Other loans - 2-5 years |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst | 354,902 | 354,902 |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 203,856 | 211,958 |
| 11. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31.5.24 | 31.5.23 |
| £ | £ |
| Bank loans |
| Bank loans and overdraft are secured by the first charge over company's investment properties and bear interest at variable rates. |
| ROSESHIRE ESTATES LTD (REGISTERED NUMBER: 04001146) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MAY 2024 |
| 12. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.5.24 | 31.5.23 |
| value: | £ | £ |
| Ordinary | £1 | 2 | 2 |
| 13. | RESERVES |
| Fair |
| Retained | value |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 June 2023 | 1,833,034 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| At 31 May 2024 | 1,870,221 |
| 14. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £16,000 (2023 - £24,000) were paid to the director . |
| 15. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |