REGISTERED NUMBER: 00130824 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Rookfield Garden Village Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

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

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.

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

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.

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

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