Company No: 05251483 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	241,229		228,526
Investment property	4	40,594,542		40,664,461
		40,835,771		40,892,987
Current assets
Debtors	5	1,859,701		1,118,589
Cash at bank and in hand		791,867		300,342
		2,651,568		1,418,931
Creditors: amounts falling due within one year	6	( 4,558,831)		( 2,029,618)
Net current liabilities		(1,907,263)		(610,687)
Total assets less current liabilities		38,928,508		40,282,300
Creditors: amounts falling due after more than one year	7	( 12,092,404)		( 14,512,370)
Provision for liabilities		( 1,756,871)		( 1,823,121)
Net assets		25,079,233		23,946,809
Capital and reserves
Called-up share capital		5,000,001		5,000,001
Share premium account		3,932,613		3,932,613
Fair value reserve		5,435,239		5,950,703
Profit and loss account		10,711,380		9,063,492
Total shareholders' funds		25,079,233		23,946,809

For the financial year ending 31 March 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 financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Rochford Property Investments Limited (registered number: 05251483) were approved and authorised for issue by the Board of Directors on 09 October 2025. They were signed on its behalf by:

A J Rochford Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rochford Property Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Office Kings House, Little Paul Street, Kingsdown, BS2 8FD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the rental amounts due on the investment properties held in the period. Turnover is shown net of returns, rebates and discounts.

The company recognises revenue when:
the amount of rent can be reliably measured;
It is confirmed that the rent is due to the entity.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	25 % reducing balance
Fixtures and fittings	15 % reducing balance
Office equipment	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

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. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	6		3

3. Tangible assets

	Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£
Cost
At 01 April 2024	172,339		197,771		29,988		400,098
Additions	54,500		69,804		2,057		126,361
Disposals	( 86,000)		0		0		( 86,000)
At 31 March 2025	140,839		267,575		32,045		440,459
Accumulated depreciation
At 01 April 2024	37,408		120,825		13,339		171,572
Charge for the financial year	18,685		11,542		2,806		33,033
Disposals	( 5,375)		0		0		( 5,375)
At 31 March 2025	50,718		132,367		16,145		199,230
Net book value
At 31 March 2025	90,121		135,208		15,900		241,229
At 31 March 2024	134,931		76,946		16,649		228,526

4. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	40,664,461
Additions	172,282
Disposals	(242,201)
As at 31 March 2025	40,594,542

5. Debtors

	2025		2024
	£		£
Other debtors	1,859,701		1,118,589

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	12,070		33,317
Amounts owed to directors	15,160		0
Other loans	3,509,000		804,758
Accruals and deferred income	125,259		101,795
Taxation and social security	408,912		489,314
Obligations under finance leases and hire purchase contracts	2,884		0
Other creditors	485,546		600,434
	4,558,831		2,029,618

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Other loans	12,092,404		14,512,370

The mortgage loans are secured by charges over the properties to which they relate. At the reporting date, the net book value of such properties was £32,371,081.

8. Related party transactions

The Directors loan account is repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

At 1 April 2024, the balance owed by A Rochford was £437,778. During the year, the company made advances to the director amounting to £270,692 and received repayments of £nil, leaving a balance of £708,470 at 31 March 2025.

At 1 April 2023, the balance owed by A Rochford was £211,925. During the year, the company made advances to the director amounting to £225,853 , and received repayments of £nil leaving a balance of £ £437,778 at 31 March 2024.

At 1 April 2024, the balance owed by R Rochford was £437,778. During the year, the company made advances to the director amounting to £270,692 and received repayments of £nil, leaving a balance of £708,470 at 31 March 2025.

At 1 April 2023, the balance owed by R Rochford was £211,925. During the year, the company made advances to the director amounting to £225,853 , and received repayments of £nil, leaving a balance of £ £437,778 at 31 March 2024.