Company registration number 15288561 (England and Wales)
ROSEHILL VENTURES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
ROSEHILL VENTURES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
ROSEHILL VENTURES LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2024
30 November 2024
- 1 -
2024
Notes
£
£
Fixed assets
Tangible assets
4
7,371
Investment property
5
8,342,220
8,349,591
Current assets
Debtors
6
59,734
Cash at bank and in hand
60,097
119,831
Creditors: amounts falling due within one year
7
(33,827)
Net current assets
86,004
Total assets less current liabilities
8,435,595
Creditors: amounts falling due after more than one year
8
(1,297,081)
Provisions for liabilities
9
(2,086,038)
Net assets
5,052,476
Capital and reserves
Called up share capital
7,255,239
Profit and loss reserves
(2,202,763)
Total equity
5,052,476
ROSEHILL VENTURES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2024
30 November 2024
- 2 -

For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 12 August 2025 and are signed on its behalf by:
Mr W A Gilbey
Director
Company registration number 15288561 (England and Wales)
ROSEHILL VENTURES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 3 -
1
Accounting policies
Company information

Rosehill Ventures Limited is a private company limited by shares incorporated in England and Wales. The registered office is Rosehill House, Rosehill, Henley-On-Thames, Windsor and Maidenhead, RG9 3EB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.

1.2
Turnover

Revenue comprises of rental income generated from the investment properties owned by the Company. Income is recognised on a straight line basis over the period of the lease, in accordance with the terms in the lease agreement.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
Nil
Computers
33%

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

ROSEHILL VENTURES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

1.7
Taxation
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

ROSEHILL VENTURES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 5 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
Number
Total
3
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 16 November 2023
-
0
-
0
-
0
Additions
5,438
2,400
7,838
At 30 November 2024
5,438
2,400
7,838
Depreciation and impairment
At 16 November 2023
-
0
-
0
-
0
Depreciation charged in the year
-
0
467
467
At 30 November 2024
-
0
467
467
Carrying amount
At 30 November 2024
5,438
1,933
7,371
5
Investment property
2024
£
Fair value
At 16 November 2023
-
0
Additions
8,552,220
Disposals
(210,000)
At 30 November 2024
8,342,220
6
Debtors
2024
Amounts falling due within one year:
£
Trade debtors
1,621
Other debtors
58,113
59,734
ROSEHILL VENTURES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 6 -
7
Creditors: amounts falling due within one year
2024
£
Corporation tax
27,867
Other taxation and social security
2,749
Other creditors
3,211
33,827
8
Creditors: amounts falling due after more than one year
2024
£
Bank loans and overdrafts
1,000,000
Other creditors
297,081
1,297,081

The above bank loan is secured against the freehold investment properties.

9
Provisions for liabilities
2024
£
Deferred tax liabilities
2,086,038
10
Related party transactions
Transactions with related parties

At the balance sheet date, the above amount held in other creditors represents monies borrowed from the parent company, Gilbey Farms Ltd.

2024-11-302023-11-16falsefalsefalse12 August 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMs S J GilbeyMr W A GilbeyMr P B Clucas152885612023-11-162024-11-30152885612024-11-3015288561core:LandBuildings2024-11-3015288561core:OtherPropertyPlantEquipment2024-11-3015288561core:CurrentFinancialInstrumentscore:WithinOneYear2024-11-3015288561core:ShareCapital2024-11-3015288561core:RetainedEarningsAccumulatedLosses2024-11-3015288561bus:Director22023-11-162024-11-3015288561core:LeaseholdImprovements2023-11-162024-11-3015288561core:ComputerEquipment2023-11-162024-11-3015288561core:LandBuildings2023-11-1515288561core:OtherPropertyPlantEquipment2023-11-15152885612023-11-1515288561core:LandBuildings2023-11-162024-11-3015288561core:OtherPropertyPlantEquipment2023-11-162024-11-3015288561core:CurrentFinancialInstruments2024-11-3015288561core:WithinOneYear2024-11-3015288561core:Non-currentFinancialInstruments2024-11-3015288561bus:PrivateLimitedCompanyLtd2023-11-162024-11-3015288561bus:SmallCompaniesRegimeForAccounts2023-11-162024-11-3015288561bus:FRS1022023-11-162024-11-3015288561bus:AuditExemptWithAccountantsReport2023-11-162024-11-3015288561bus:Director12023-11-162024-11-3015288561bus:Director32023-11-162024-11-3015288561bus:FullAccounts2023-11-162024-11-30xbrli:purexbrli:sharesiso4217:GBP