ACCOUNTS - Final Accounts

Registered number: 00858793

ROPLEY PROPERTIES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 MARCH 2025

ROPLEY PROPERTIES LIMITED

REGISTERED NUMBER: 00858793

BALANCE SHEET

AS AT 29 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		275,000		275,000
Current assets
Debtors: amounts falling due within one year	5	43,500		45,513
Cash at bank and in hand	6	147,704		162,929
		191,204		208,442

Creditors: amounts falling due within one year	7	(26,422)		(25,844)
Net current assets			164,782		182,598
Total assets less current liabilities			439,782		457,598

Net assets			439,782		457,598

Capital and reserves
Called up share capital	8	1,000	1,000
Profit and loss account		438,782	456,598
		439,782	457,598

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ROPLEY PROPERTIES LIMITED

REGISTERED NUMBER: 00858793

BALANCE SHEET (CONTINUED)

AS AT 29 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J Arkwright

Director

Date: 22 September 2025

The notes on pages 3 to 6 form part of these financial statements.

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ROPLEY PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 MARCH 2025

1.	General information

Ropley Properties Limited is a private company limited by shares, incorporated in England and Wales. The registered office of the Company is 115 Mount Street, London, United Kingdom, W1K 3NQ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

2.2

Revenue

Revenue represents rents receivable from investment properties.
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.

2.3

Investment property

Investment property is carried at fair value. No depreciation is provided. Changes in fair value are recognised in the Profit and loss account.
Fair value is determined annually by Directors and where the Directors consider appropiate by external valuers. Valuations are derived from the current market rents and investment property yields for comparable property and adjusted if necessary for any difference in the nature, location or condition of the specific asset.

2.4

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.

2.5

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 of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

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ROPLEY PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 MARCH 2025

2.Accounting policies (continued)

2.7

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 method.

2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.9

Interest income

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

2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

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ROPLEY PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 MARCH 2025

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 30 March 2024	275,000
	At 29 March 2025	275,000

The 2025 valuations were made by the Directors, on an open market value for existing use basis.

Debtors

					2025	2024
					£	£


Trade debtors	3,324	5,337
Deferred taxation	40,176	40,176
	43,500	45,513

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	147,704	162,929
Less: bank overdrafts	-	(281)
	147,704	162,648

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ROPLEY PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 MARCH 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	-	281
Trade creditors	6,135	6,135
Corporation tax	4,617	4,282
Other taxation and social security	1,355	1,096
Other creditors	5,169	5,154
Accruals and deferred income	9,146	8,896
	26,422	25,844

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1,000 (2024 - 1,000) Ordinary shares of £1.00 each	1,000	1,000

9.	Controlling party

The Company is controlled by Mrs A Trollope.

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