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Registered number: 13925296










ROLAREN INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2025

 
ROLAREN INVESTMENTS LIMITED
REGISTERED NUMBER: 13925296

BALANCE SHEET
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
Note
£
£

Fixed assets
  

Investment property
 4 
961,000
961,000

  
961,000
961,000

Current assets
  

Debtors: amounts falling due within one year
 5 
12,831
3,856

Cash at bank and in hand
 6 
-
2,998

  
12,831
6,854

Creditors: amounts falling due within one year
 7 
(559,846)
(555,720)

Net current liabilities
  
 
 
(547,015)
 
 
(548,866)

Total assets less current liabilities
  
413,985
412,134

Creditors: amounts falling due after more than one year
 8 
(487,952)
(487,952)

  

Net liabilities
  
(73,967)
(75,818)


Capital and reserves
  

Called up share capital 
  
2,200
2,200

Profit and loss account
  
(76,167)
(78,018)

  
(73,967)
(75,818)


Page 1

 
ROLAREN INVESTMENTS LIMITED
REGISTERED NUMBER: 13925296
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 June 2025.




D W Richardson
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
ROLAREN INVESTMENTS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 28 FEBRUARY 2025


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 March 2023
2,200
(7,216)
(5,016)


Comprehensive income for the year

Loss for the year
-
(70,802)
(70,802)



At 1 March 2024
2,200
(78,018)
(75,818)


Comprehensive income for the year

Profit for the year
-
1,851
1,851


At 28 February 2025
2,200
(76,167)
(73,967)


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
ROLAREN INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.


General information

Rolaren Investments Limited (13925296) is a private company limited by shares and incorporated in England and Wales. The regsitered office is 124 City Road, London, England, EC1V 2NX.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue represents rents and service charges receivable recognised in the period in which the services are provided in accordance with the rental agreement. Rent receivable is invoiced monthly at the beginning of the month for which the rental income relates. 

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 4

 
ROLAREN INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.9

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2024 - 4).


4.


Investment property





Freehold investment property

£



Valuation


At 1 March 2024
961,000



At 28 February 2025
961,000

The 2025 valuations were made by the directors, on an open market value for existing use basis.




Page 5

 
ROLAREN INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

5.


Debtors

28 February
29 February
2025
2024
£
£


Trade debtors
-
2,888

Other debtors
10,834
-

Prepayments and accrued income
1,997
968

12,831
3,856



6.


Cash and cash equivalents

28 February
29 February
2025
2024
£
£

Cash at bank and in hand
-
2,998



7.


Creditors: Amounts falling due within one year

28 February
29 February
2025
2024
£
£

Trade creditors
161
-

Corporation tax
434
738

Other creditors
549,410
549,410

Accruals and deferred income
9,841
5,572

559,846
555,720



8.


Creditors: Amounts falling due after more than one year

28 February
29 February
2025
2024
£
£

Other loans
487,952
487,952


Page 6

 
ROLAREN INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

9.


Loans


Analysis of the maturity of loans is given below:


28 February
29 February
2025
2024
£
£




Amounts falling due after more than 5 years

Other loans
487,952
487,952


Creditors due over 5 years include a loan to the value of £487,952 which is secured by way of a fixed and floating charge over the freehold property.


10.


Related party transactions

Included in other creditors is an interest free loan to the value of £549,410 (2024 - £549,410) owed to a director of the company. 

 
Page 7