Registration number: 09600317

Rosary House Limited

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 5

Rosary House Limited

(Registration number: 09600317)
Abridged Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	5,054	2,708
Investment property		1,213,330	1,213,330
Other financial assets	5	1,256,009	1,180,034
		2,474,393	2,396,072
Current assets
Debtors		-	4,884
Cash at bank and in hand		16,232	25,860
		16,232	30,744
Creditors: Amounts falling due within one year		(1,553,040)	(1,544,713)
Net current liabilities		(1,536,808)	(1,513,969)
Total assets less current liabilities		937,585	882,103
Provisions for liabilities		(44,478)	(43,891)
Net assets		893,107	838,212
Capital and reserves
Called up share capital		100	100
Profit and loss account		893,007	838,112
Total equity		893,107	838,212

Rosary House Limited

(Registration number: 09600317)
Abridged Balance Sheet as at 31 May 2025

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

	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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 29 October 2025 and signed on its behalf by:
 

Mr SA Moore

Director

Mrs S Moore

Director

Rosary House Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

1	General information

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

The address of its registered office is:
2 Crossmead Villas
Dunsford Road
Exeter
Devon
EX2 9PU

These financial statements were authorised for issue by the Board on 29 October 2025.

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged 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 financial statements have been prepared on a going concern basis. Of the company's current liabilities at 31 May 2025, an amount is owed to the directors, who have agreed to continue to support the company, and not to demand repayment of this amount to the extent that any such repayment would jeopardise the future of the company.

Revenue recognition

Turnover represents the amounts, excluding value added tax, derived from the provision of goods and services to customers during the year.

Tax

The tax expense for the period comprises current and deferred 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 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Asset class	Depreciation method and rate
Plant and machinery	25% Straight line

Rosary House Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

Office equipment

25% Reducing balance

Investment property

Investment property is carried at fair value. Gains are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment. The fair value used for listed equity shares and bonds is the closing market price at the balance sheet date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Tangible assets

	Total £
Cost or valuation
At 1 June 2024	8,210
Additions	4,761
At 31 May 2025	12,971
Depreciation
At 1 June 2024	5,296
Charge for the year	2,621
At 31 May 2025	7,917
Carrying amount
At 31 May 2025	5,054
At 31 May 2024	2,708

Rosary House Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

Investment properties

	2025 £
At 1 June	1,213,330
At 31 May	1,213,330

There has been no valuation of investment property by an independent valuer.

5	Other financial assets (current and non-current)

	Total £
Non-current financial assets
Cost or valuation
At 1 June 2024	1,180,034
Additions	75,975
At 31 May 2025	1,256,009
Carrying amount
At 31 May 2025	1,256,009