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Registration number: 12484135

Rojac Investments Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 28 February 2025

Rojac Investments Ltd

Contents

Company Information | 1
Directors' Report | 2
Accountants' Report | 3
Profit and Loss Account | 4
Balance Sheet | 5
Statement of Changes in Equity | 6
Notes to the Unaudited Financial Statements | 7 to 9
Detailed Profit and Loss Account | 10 to 11

Rojac Investments Ltd

Company Information

Directors | Mr Adam Philip Nicholson Mrs Jacqueline Monticelli Mr Roberto Monticelli

Company secretary | Mr Roberto Monticelli

Registered office | 2 Leven Court Great Ayton Middlesbrough TS9 6HS

Accountants | Charter Tax Consulting Limited 8th Floor 1 Southampton Street London WC2R 0LR

Rojac Investments Ltd

Directors' Report for the Year Ended 28 February 2025

The directors present their report and the financial statements for the year ended 28 February 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr Adam Philip Nicholson

Mrs Jacqueline Monticelli

Mr Roberto Monticelli - Company secretary and director

Principal activity

The principal activity of the company is the letting of a residential property.

Going concern

The Company expects to receive ongoing rental income and the shareholders have confirmed that they will support the Company for the next twelve months so therefore the financial statements have been prepared on a going concern basis.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 8 October 2025 and signed on its behalf by:

Mr Roberto Monticelli Company secretary and director

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Rojac Investments Ltd
for the Year Ended 28 February 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Rojac Investments Ltd for the year ended 28 February 2025 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm 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/regulation.

This report is made solely to the Board of Directors of Rojac Investments Ltd, 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 Rojac Investments Ltd and state those matters that we have agreed to state to the Board of Directors of Rojac Investments Ltd, 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 Rojac Investments Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Rojac Investments Ltd 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 of Rojac Investments Ltd. You consider that Rojac Investments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Rojac Investments Ltd. 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 statutory accounts.

Charter Tax Consulting Limited
8th Floor
1 Southampton Street
London
WC2R 0LR

8 October 2025

Rojac Investments Ltd

Profit and Loss Account for the Year Ended 28 February 2025

| Note | 2025 £ | 2024 £
Turnover |  | 29,063 | 27,090
Gross profit |  | 29,063 | 27,090
Administrative expenses |  | (12,565) | (13,906)
Operating profit |  | 16,498 | 13,184
Gain on financial assets at fair value through profit and loss |  | 38,223 | -
Profit before tax |  | 54,721 | 13,184
Tax on profit |  | (3,135) | (2,505)
Profit for the financial year |  | 51,586 | 10,679

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Rojac Investments Ltd

(Registration number: 12484135)
Balance Sheet as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 500,000 | 461,777
Current assets |  |  |
Debtors | 5 | 441 | 1,003
Cash at bank and in hand |  | 19,534 | 14,449
|  | 19,975 | 15,452
Creditors: Amounts falling due within one year | 6 | (435,693) | (444,533)
Net current liabilities |  | (415,718) | (429,081)
Net assets |  | 84,282 | 32,696
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 84,182 | 32,596
Shareholders' funds |  | 84,282 | 32,696

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 8 October 2025 and signed on its behalf by:

Mr Roberto Monticelli Company secretary and director |  |

Rojac Investments Ltd

Statement of Changes in Equity for the Year Ended 28 February 2025

| Share capital £ | Non-distributable reserve £ | Retained earnings £ | Total £
At 1 March 2024 | 100 | - | 32,596 | 32,696
Profit for the year | - | 38,223 | 13,363 | 51,586
At 28 February 2025 | 100 | 38,223 | 45,959 | 84,282

| Share capital £ | Retained earnings £ | Total £
At 1 March 2023 | 100 | 21,917 | 22,017
Profit for the year | - | 10,679 | 10,679
At 29 February 2024 | 100 | 32,596 | 32,696

Rojac Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
2 Leven Court
Great Ayton
Middlesbrough
TS9 6HS

These financial statements were authorised for issue by the Board on 8 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The Company expects to receive ongoing rental income and the shareholders have confirmed that they will support the Company for the next twelve months so therefore the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable through the letting of a residential property. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Rojac Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually. In determining the valuation, observable market prices are used, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for rent received in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Rojac Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4 | Investment properties

| 2025 £
At 1 March | 461,777
Fair value adjustments | 38,223
At 28 February | 500,000

The property has not been revalued by an independent valuer at the year end. The directors have reviewed the fair value of the property by observing market prices and have deemed there to be a change in fair value of the property at the balance sheet date.

5 | Debtors

| 2025 £ | 2024 £
Prepayments | 441 | 1,003
| 441 | 1,003

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 3,135 | 2,505
Accruals and deferred income | 2,250 | 2,858
Other creditors | 430,308 | 439,170
| 435,693 | 444,533

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

Rojac Investments Ltd

Detailed Profit and Loss Account for the Year Ended 28 February 2025

| 2025 £ | 2024 £
Turnover (analysed below) | 29,063 | 27,090
Gross profit (%) | 100% | 100%
Administrative expenses |  |
General administrative expenses (analysed below) | (12,565) | (13,906)
Operating profit | 16,498 | 13,184
Gain on financial assets at fair value through profit and loss account (analysed below) | 38,223 | -
Profit before tax | 54,721 | 13,184

Rojac Investments Ltd

Detailed Profit and Loss Account for the Year Ended 28 February 2025

| 2025 £ | 2024 £

Turnover |  |
Rental income | 29,063 | 27,090

General administrative expenses |  |
Meeting Costs | - | (396)
Service charges | (82) | -
Council Tax | (435) | (122)
Travel | (557) | -
Rental & Letting fees | (870) | -
Rental agent fees | (3,917) | (3,323)
Accountancy fees | (2,660) | (2,760)
Repairs and maintenance | (1,760) | (5,689)
Cleaning | (120) | -
Insurance | (2,164) | (1,616)
| (12,565) | (13,906)

Gain/(loss) on financial assets at fair value through profit and loss |  |
Investment properties fair value adjustments | 38,223 | -