Rogerstone Woodworkers Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Rogerstone Woodworkers Limited For The Year Ended 30 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Rogerstone Woodworkers Limited For The Year Ended 30 April 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Rogerstone Woodworkers Limited , as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of Rogerstone Woodworkers Limited and state those matters that we have agreed to state to the directors of Rogerstone Woodworkers Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rogerstone Woodworkers Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Rogerstone Woodworkers Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Rogerstone Woodworkers Limited . You consider that Rogerstone Woodworkers Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Rogerstone Woodworkers Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

17/09/2025

Ellis Lloyd Jones LLP

Chartered Accountants

11 Park Square

Newport

NP20 4EL

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Rogerstone Woodworkers Limited

Balance Sheet

As At 30 April 2025

Balance Sheet

Registered number: 00709987

		30 April 2025		30 April 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		181,511		172,278
Investment Properties	5		1,880,000		2,052,500

			2,061,511		2,224,778
CURRENT ASSETS
Debtors	7	1,776,658		1,732,084
Cash at bank and in hand		20,476		32,658

		1,797,134		1,764,742
Creditors: Amounts Falling Due Within One Year	8	(62,365 )		(817,630 )

NET CURRENT ASSETS (LIABILITIES)			1,734,769		947,112

TOTAL ASSETS LESS CURRENT LIABILITIES			3,796,280		3,171,890

Creditors: Amounts Falling Due After More Than One Year	9		(750,000 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation			(41,369 )		(71,840 )

NET ASSETS			3,004,911		3,100,050

CAPITAL AND RESERVES
Called up share capital	11		8,002		8,002
Revaluation reserve	13		638,631		780,660
Capital redemption reserve			3,250		3,250
Profit and Loss Account			2,355,028		2,308,138

SHAREHOLDERS' FUNDS			3,004,911		3,100,050

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Rogerstone Woodworkers Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M J Howell Director	Mr J R Howell Director	Mr B L Howell Director
17/09/2025

The notes on pages 4 to 8 form part of these financial statements.

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Rogerstone Woodworkers Limited

Notes to the Financial Statements

For The Year Ended 30 April 2025

Notes to the Financial Statements

1. General Information

Rogerstone Woodworkers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00709987 . The registered office is 51 Gladstone Street, Crosskeys, Newport, NP11 7PL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The presentational currency of the financial statements is pound sterling and the figures are rounded to the nearest pound.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	None
Plant & Machinery	10% reducing balance
Motor Vehicles	20% reducing balance
Computer Equipment	10% reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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Rogerstone Woodworkers Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 May 2024	104,723	74,000	-	178,723
Additions	9,339	25,800	3,262	38,401

As at 30 April 2025	114,062	99,800	3,262	217,124

Depreciation
As at 1 May 2024	2,937	3,508	-	6,445
Provided during the period	10,650	18,398	120	29,168

As at 30 April 2025	13,587	21,906	120	35,613

Net Book Value
As at 30 April 2025	100,475	77,894	3,142	181,511

As at 1 May 2024	101,786	70,492	-	172,278

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Rogerstone Woodworkers Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

5. Investment Property

	30 April 2025
	£
Fair Value
As at 1 May 2024	2,052,500
Disposals	(172,500 )

As at 30 April 2025	1,880,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	30 April 2025	30 April 2024
	£	£
Cost	1,048,108	1,048,108

The fair value of the investment properties is based on arket value. The investment properties were valued by an independent valuer, CSquared, on 25 April 2024. The directors do not believe the value of the investment properties has changed significantly since that date.

6. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 May 2024	22,532

As at 30 April 2025	22,532

Provision
As at 1 May 2024	22,532

As at 30 April 2025	22,532

Net Book Value
As at 30 April 2025	-

As at 1 May 2024	-

7. Debtors

	30 April 2025	30 April 2024
	£	£
Due within one year
Trade debtors	570	11,724
Other debtors	1,776,088	1,720,360

	1,776,658	1,732,084

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Rogerstone Woodworkers Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

8. Creditors: Amounts Falling Due Within One Year

	30 April 2025	30 April 2024
	£	£
Trade creditors	6,788	5,782
Bank loans and overdrafts	5,478	743,639
Other loans	25,000	-
Other creditors	24,386	68,209
Taxation and social security	713	-

	62,365	817,630

9. Creditors: Amounts Falling Due After More Than One Year

	30 April 2025	30 April 2024
	£	£
Bank loans	750,000	-

10. Secured Creditors

Of the creditors, the following amounts are secured. The loan is secured by way of a fixed charge over the properties owned by the company, which are included in investment properties in the balance sheet.

	30 April 2025		30 April 2024
	£		£
Bank loans and overdrafts	750,000		743,639

11. Share Capital

	30 April 2025	30 April 2024
	£	£
Allotted, Called up and fully paid	8,002	8,002

12. Directors Advances, Credits and Guarantees

Included within other creditors are the following loans to directors:

	As at 1 May 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 April 2025
	£	£	£	£	£
Mr Martin Howell	2,620	-	2,620	-	-
Mr Joshua Howell	2,324	384	2,324	-	(384 )
Mr Benjamin Howell	(50 )	286	-	-	(236 )

The above loans are unsecured, interest free and repayable on demand. The balances will be repid within 9 months of the year end.

13. Reserves

	Revaluation Reserve
	£
As at 1 May 2024	780,660
Transfer to profit and loss	(142,029 )

As at 30 April 2025	638,631

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Rogerstone Woodworkers Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

14. Related Party Transactions

The following balances, due from related undertakings, are included in other debtors:

	2025	2024
	£	£
Amounts due from companies under common control	808,049	718,401
Amounts due from companies that were previously group companies	1,004,389	1,004,389

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