The Roan Courtyard (Freehold) Limited

Registered number

04739692

Unaudited Filleted Accounts

31 December 2024

The Roan Courtyard (Freehold) Limited
Registered number:		04739692
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		86,885			86,885

Current assets
Debtors	4	105			105
Cash at bank and in hand		11,299			11,034
		11,404			11,139

Creditors: amounts falling due within one year	5	(107)			(128)

Net current assets			11,297			11,011

Total assets less current liabilities			98,182			97,896

Creditors: amounts falling due after more than one year	6		(92,675)			(92,675)



Net assets			5,507			5,221

Capital and reserves
Called up share capital			105			105
Profit and loss account			5,402			5,116

Shareholders' funds			5,507			5,221

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Phuong Anh Chu
Director
Approved by the board on 25 September 2025

The Roan Courtyard (Freehold) Limited
Notes to the Accounts
for the year ended 31 December 2024


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).

	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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 0 years
		The residual value of the Freehold of the building is deemed to be equal to, or exceeds, its current carrying value, and therefore the depreciation for the year was £Nil
	In accordance with FRS102 the freehold of the building has been treated as property plant and equipment.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		0		0


3	Tangible fixed assets
					Land and buildings
£
	Cost
	At 1 January 2024				86,885
	At 31 December 2024				86,885

	Depreciation
	At 31 December 2024				-

	Net book value
	At 31 December 2024				86,885
	At 31 December 2023				86,885


	Freehold land and buildings:		2024		2023
£				£
	Historical cost		86,885		86,885
	Cumulative depreciation based on historical cost		-		-
			86,885		86,885

	This represents the freehold reversion of the building known as Roan Courtyard, Devonshire Drive, Greenwich, London, stated at cost.


4	Debtors		2024		2023
£				£

	Other debtors		105		105


5	Creditors: amounts falling due within one year		2024		2023
£				£

	Taxation and social security costs		7		28
	Lessees in advance		100		100
			107		128


6	Creditors: amounts falling due after one year		2024		2023
£				£

	Shareholders loans		92,675		92,675

	During the year ending 30 April 2005 the company purchased the freehold interest in the Roan Courtyard. This was financed by individual loans to the company by certain residents. The loans were made interest free and will last indefinitely.

7	Related party transactions

	The Directors of the Company are also Trustees of the Service Charge account for The Roan Courtyard. The Freehold collects the ground rent whilst the Service Charge accounts relate to the management of the property known as Roan Courtyard, Devonshire Drive, Greenwich, London.

8	Cash at Bank

	The Limited Company does not have a separate bank account to hold the funds belonging to The Roan Courtyard (Freehold) Limited, instead these monies are combined with the service charge trust bank balance.

9	Service Charge Reserves held on Trust

	The service charge reserves are held on trust for lessees within the Service Charge accounts known as The Roan Courtyard and have a draft balance sheet total of £255,014 as at 31st December 2024.

10	Costs of The Roan Courtyard (Freehold) Limited

	During the year the Company incurred costs which are associated with the general running of a Limited Company. These costs including the Accountancy fees, Annual Return fee, Company Secretary fees and D&O Insurance, all of which have been charged to the Service Charge accounts in accordance with the lease.

11	Ground Rents

	During the year ground rents were collected from 2 properties at The Roan Courtyard.

12	Other information

	The Roan Courtyard (Freehold) Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
	The Old Bank
	Beaufort Street
	Crickhowell
	Powys
	NP8 1AD