REGISTERED NUMBER: 09132164 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 27 MARCH 2025

FOR

ROSEGEM LIMITED

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Buxton

Mr S Michael

Mr C K Michaels

REGISTERED OFFICE:

c/o Michael Filiou Ltd

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

REGISTERED NUMBER:

09132164 (England and Wales)

ACCOUNTANTS:

Michael Filiou Ltd

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

FIXED ASSETS

Tangible assets

5

1,736

2,043

Investment property

6

5,128,000

5,128,000

5,129,736

5,130,043

CURRENT ASSETS

Debtors

7

346,704

294,926

Cash at bank

5,314

2,887

352,018

297,813

CREDITORS

Amounts falling due within one year

174,934

43,327

NET CURRENT ASSETS

177,084

254,486

TOTAL ASSETS LESS CURRENT LIABILITIES

5,306,820

5,384,529

CREDITORS

Amounts falling due after more than one year

8

(3,775,768

)

(3,776,848

)

PROVISIONS FOR LIABILITIES

(332,957

)

(332,957

)

NET ASSETS

1,198,095

1,274,724

CAPITAL AND RESERVES

Called up share capital

10

99

99

Fair value reserve

11

1,419,447

1,419,447

Retained earnings

(221,451

)

(144,822

)

SHAREHOLDERS' FUNDS

1,198,095

1,274,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 March 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 27 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 6 October 2025 and were signed on its behalf by:

Mr C K Michaels - Director

Mr P Buxton - Director

Mr S Michael - Director

1.	STATUTORY INFORMATION

Rosegem 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

The depreciation on fixtures and fittings is charged at 15% per year.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 28 March 2024

and 27 March 2025

2,684

DEPRECIATION

At 28 March 2024

641

Charge for year

307

At 27 March 2025

948

NET BOOK VALUE

At 27 March 2025

1,736

At 27 March 2024

2,043

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 28 March 2024

and 27 March 2025

5,128,000

NET BOOK VALUE

At 27 March 2025

5,128,000

At 27 March 2024

5,128,000

Fair value at 27 March 2025 is represented by:

£

Valuation in 2019

757,404

Valuation in 2020

995,000

Cost

3,375,596

5,128,000

7.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

4,440

3,360

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable otherwise than by instalments

Bank loans

3,135,483

3,135,483

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

3,135,483

3,135,483

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

99

Ordinary shares

£1

99

99

11.

RESERVES

Fair

value

reserve

£

At 28 March 2024

and 27 March 2025

1,419,447

12.	RELATED PARTY DISCLOSURES

At the balance sheet date, the Company owed United Forces Limited, a company holding 33.3% of the issued share capital of Rosegem Limited, £640,285 (2024 - £641,365). This amount is included in amounts falling due after more than one year.

At the balance sheet date, Leftside Limited owed Rosegem Limited £4,440 (2024 - £3,360). This amount is included in amounts receivable after more than one year.

13.	ULTIMATE CONTROLLING PARTY

Leftside Limited is the parent company as it holds 66.7% of the issued share capital of Rosegem Limited.

The common directors, Mr P Buxton and Mr S Michael, each own 50% of the issued share capital of Leftside Limited.