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REGISTERED NUMBER: 00130824 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Rookfield Garden Village Limited

Rookfield Garden Village Limited (Registered number: 00130824)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Rookfield Garden Village Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: N C C Freeman
R M S Kennedy
D J Pomfret
P O Rogers
G J Burroughes





SECRETARY: N C C Freeman





REGISTERED OFFICE: Weavers House
Weavers Lane
Lower Inkpen
Hungerford
Berkshire
RG17 9DL





REGISTERED NUMBER: 00130824 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Rookfield Garden Village Limited (Registered number: 00130824)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Investments 5 - 24,247
Investment property 6 22,733,540 22,374,930
22,733,540 22,399,177

CURRENT ASSETS
Debtors 7 148,752 144,479
Cash at bank 1,767,743 1,636,720
1,916,495 1,781,199
CREDITORS
Amounts falling due within one year 8 385,680 307,525
NET CURRENT ASSETS 1,530,815 1,473,674
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,264,355

23,872,851

PROVISIONS FOR LIABILITIES 9 4,350,000 4,250,000
NET ASSETS 19,914,355 19,622,851

CAPITAL AND RESERVES
Called up share capital 3,608 3,608
Revaluation reserve 15,406,682 15,148,072
Capital redemption reserve 1,392 1,392
Retained earnings 4,502,673 4,469,779
19,914,355 19,622,851

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.

Rookfield Garden Village Limited (Registered number: 00130824)

Statement of Financial Position - continued
31 December 2024


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 7 April 2025 and were signed on its behalf by:





N C C Freeman - Director


Rookfield Garden Village Limited (Registered number: 00130824)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Rookfield Garden Village 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue recognition
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue recognised in the income statement is the total amount receivable for the year in respect of rental income.

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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Interest income
Interest income is recognised in profit or loss using the effective interest method.

Rookfield Garden Village Limited (Registered number: 00130824)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. ACCOUNTING POLICIES - continued

Going concern
The Directors have performed a robust analysis of forecast future cashflows, taking into account all known and predicted future economic scenarios which might impact on the business of the company. Based on these assessments and having regard to the resources available to the company, the Directors have concluded that there is no material uncertainty and that they can continue to adopt the 'going concern' basis in preparing the annual report and accounts.

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.

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date os acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs. and are measured subsequently at amortised cost using the effective interest rate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 January 2024 24,247
Disposals (24,247 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 24,247

Rookfield Garden Village Limited (Registered number: 00130824)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 22,374,930
Revaluations 358,610
At 31 December 2024 22,733,540
NET BOOK VALUE
At 31 December 2024 22,733,540
At 31 December 2023 22,374,930

The 2024 valuations were made by the directors of the company, having taken advice from local managing agents, on an open market value for existing use basis.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 22,654 26,355
Other debtors 126,098 117,716
Prepayments and accrued income - 408
148,752 144,479

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Tax 216,483 156,000
Social security and other taxes 265 -
Other creditors 92,561 82,836
Accruals and deferred income 76,371 68,689
385,680 307,525

9. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 4,350,000 4,250,000

Deferred
tax
£   
Balance at 1 January 2024 4,250,000
Provided during year 100,000
Balance at 31 December 2024 4,350,000