| Roseland Investments Ltd |
| Registered number: |
05838604 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
2,797,096 |
|
|
2,797,096 |
|
| Current assets |
| Debtors |
4 |
|
8,211 |
|
|
1,709,976 |
| Cash at bank and in hand |
|
|
115,933 |
|
|
272,486 |
|
|
|
124,144 |
|
|
1,982,462 |
|
| Creditors: amounts falling due within one year |
5 |
|
(112,006) |
|
|
(100,228) |
|
| Net current assets |
|
|
|
12,138 |
|
|
1,882,234 |
|
| Total assets less current liabilities |
|
|
|
2,809,234 |
|
|
4,679,330 |
|
|
| Provisions for liabilities |
|
|
|
(313,634) |
|
|
(313,634) |
|
|
| Net assets |
|
|
|
2,495,600 |
|
|
4,365,696 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Revaluation reserve |
6 |
|
|
1,383,677 |
|
|
1,383,677 |
| Profit and loss account |
|
|
|
1,111,921 |
|
|
2,982,017 |
|
| Shareholder's funds |
|
|
|
2,495,600 |
|
|
4,365,696 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| A J Robb |
| Director |
| Approved by the board on 17 September 2025 |
|
| Roseland Investments Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).The accounts are stated in sterling the functional currency of the entity. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Freehold investment property is included at fair value within tangible fixed assets, changes in fair value are recognised in the profit and loss account. Deferred taxation is provided on the gains at the rate expected to apply when the property is sold. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Investment property |
| £ |
|
Cost |
|
At 1 April 2024 |
2,797,096 |
|
At 31 March 2025 |
2,797,096 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
2,797,096 |
|
At 31 March 2024 |
2,797,096 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
1,099,785 |
|
1,099,785 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
1,099,785 |
|
1,099,785 |
|
The freehold land and buildings acquired by the company are included as investment property and were valued by the directors, to their fair value reflecting existing use on 31 March 2025. The revaluation created a fair value reserve on which deferred tax has been provided in these accounts. |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
8,211 |
|
1,709,976 |
|
|
|
|
|
|
|
|
|
|
Amounts due after more than one year included above |
- |
|
1,690,824 |
|
|
|
|
|
|
|
|
|
|
Roseland Investments Limited's brought forward 6 April 2024 £1,690,824 intercompany loan to its parent company Weblease Limited was repaid in full during the year. Interest was charged on the loan at 0% per annum. |
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Taxation and social security costs |
90,243 |
|
72,201 |
|
Other creditors |
21,763 |
|
28,027 |
|
|
|
|
|
|
112,006 |
|
100,228 |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Fair value reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 April 2024 |
1,383,677 |
|
1,391,131 |
|
Deferred taxation arising on the revaluation of land and buildings |
- |
|
(7,454) |
|
|
At 31 March 2025 |
1,383,677 |
|
1,383,677 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Related party transactions |
|
|
During the year the company entered into the following transactions with related parties: |
|
|
Transaction value |
|
Balance owed by/(owed to) |
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| £ |
£ |
£ |
£ |
|
Weblease Limited |
- |
|
- |
|
- |
|
1,690,824 |
|
|
|
|
|
|
|
|
|
|
During the year, Roseland Investments Limited intercompany loan of £1,690,824 to Weblease Limited, its parent company, was repaid in full. The terms and conditions of the loan are detailed in Note 4. |
|
|
| 8 |
Controlling party |
|
|
The company is 100% owned by Weblease Limited, a company in which A J Robb is a director and also owns 100% of the share capital. |
|
|
| 9 |
Other information |
|
|
Roseland Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
86 Shirehampton Road |
|
Stoke Bishop |
|
Bristol |
|
BS9 2DR |