REGISTERED NUMBER: 03913068 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Long Rock Property Limited

Page

Company Information

1

Balance Sheet

3

Notes to the Financial Statements

6

DIRECTORS:

K S Rogerson

Mrs S N Rogerson

SECRETARY:

Mrs S N Rogerson

REGISTERED OFFICE:

Pippins Cherry Drive

Forty Green

Beaconsfield

Buckinghamshire

HP9 1XP

REGISTERED NUMBER:

03913068 (England and Wales)

ACCOUNTANTS:

Friends.Tax LLP

Pippins

Cherry Drive

Forty Green

Beaconsfield

Buckinghamshire

HP9 1XP

FIXED ASSETS

Investment property

4

3,070,000

2,850,000

CURRENT ASSETS

Debtors

5

568,299

62,234

Cash at bank

6,920

8,779

575,219

71,013

CREDITORS

Amounts falling due within one year

6

160,008

102,043

NET CURRENT ASSETS/(LIABILITIES)

415,211

(31,030

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,485,211

2,818,970

CREDITORS

Amounts falling due after more than one year

7

(898,601

)

(470,771

)

PROVISIONS FOR LIABILITIES

(525,043

)

(470,043

)

NET ASSETS

2,061,567

1,878,156

CAPITAL AND RESERVES

Called up share capital

9

2

2

Revaluation reserve

1,799,700

1,781,710

Retained earnings

261,865

96,444

SHAREHOLDERS' FUNDS

2,061,567

1,878,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 12 September 2025 and were signed on its behalf by:

K S Rogerson - Director

1.	STATUTORY INFORMATION

Long Rock Property 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents rents and service charges received from the letting and management of freehold property.

Financial instruments

Basic Financial Instruments as covered by Section 11 of FRS 102 are measured at amortised cost. The company does not have any Other Financial Instruments as covered by Section 12 of FRS 102.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

2,850,000

Revaluations

220,000

At 31 January 2025

3,070,000

NET BOOK VALUE

At 31 January 2025

3,070,000

At 31 January 2024

2,850,000

Fair value at 31 January 2025 is represented by:

£

Valuation in 2017

2,005,000

Valuation in 2018

345,000

Valuation in 2019

180,000

Valuation in 2021

211,000

Valuation in 2022

(71,000

)

Valuation in 2024

180,000

Valuation in 2025

220,000

3,070,000

If investment property had not been revalued it would have been included at the following historical cost:

31.1.25

31.1.24

£

£

Cost

745,257

745,257

Investment property was valued on an open market basis on 31 January 2024 by the director, K Rogerson .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

21,168

18,794

Other debtors

547,131

43,440

568,299

62,234

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Taxation and social security

12,525

32,609

Other creditors

147,483

69,434

160,008

102,043

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

898,601

470,771

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 years

597,029

360,001

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

£

Bank loans

898,601

470,771

The loans are secured by way of a charge over the freehold properties of the company.

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

2

Ordinary

£1

2

2

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

£

K S Rogerson and Mrs S N Rogerson

Balance outstanding at start of year

36,840

(6,133

)

Amounts advanced

193,324

156,225

Amounts repaid

(122,752

)

(113,252

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

107,412

36,840

11.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.