REGISTERED NUMBER: 05523406 (England and Wales)

Financial Statements

for the Year Ended 5 April 2025

for

ROSEWOLL PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Wolinsky

SECRETARY:

Miss J Wolinsky

REGISTERED OFFICE:

42 Lytton Road

Barnet

EN5 5BY

REGISTERED NUMBER:

05523406 (England and Wales)

AUDITORS:

JLA (UK) Ltd

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Investment property

4

2,760,000

2,760,000

CURRENT ASSETS

Prepayments and accrued income

7,072

7,308

Cash at bank

25,339

27,341

32,411

34,649

CREDITORS

Amounts falling due within one year

5

326,660

344,296

NET CURRENT LIABILITIES

(294,249

)

(309,647

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,465,751

2,450,353

CREDITORS

Amounts falling due after more than one year

6

(930,146

)

(934,122

)

PROVISIONS FOR LIABILITIES

8

(296,821

)

(296,821

)

NET ASSETS

1,238,784

1,219,410

CAPITAL AND RESERVES

Called up share capital

9

100

100

Non-distributable reserve

942,180

942,180

Retained earnings

296,504

277,130

SHAREHOLDERS' FUNDS

1,238,784

1,219,410

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 December 2025 and were signed by:

J Wolinsky - Director

1.	STATUTORY INFORMATION

Rosewoll Properties 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents amounts receivable for rent in the UK. Rent is accounted for on an accruals basis.

Investment property

Investment properties are independently valued with sufficient frequency on an open market basis. Any surplus or deficit is taken to the non-distributable reserve via the profit and loss account.

Going concern

There are no material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when these financial statements are authorised for issue. Accordingly, the going concern basis of accounting in the preparation of these financial statements is appropriate. Significant judgement was not required to reach this conclusion.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2024

and 5 April 2025

2,760,000

NET BOOK VALUE

At 5 April 2025

2,760,000

At 5 April 2024

2,760,000

At the year end properties with a cost or valuation of £2,760,000 had a fixed charge of £934,546 over them.

Fair value at 5 April 2025 is represented by:

£

Valuation in 2012

172,396

Valuation in 2013

110,000

Valuation in 2017

686,605

Valuation in 2020

15,000

Valuation in 2022

255,000

Cost

1,520,999

2,760,000

If investment properties had not been revalued they would have been included at the following historical cost:

5.4.25

5.4.24

£

£

Cost

1,520,999

1,520,999

Investment properties with a valuation of £2,760,000 were valued as at 5th April 2022 by Meltzer Associates Chartered Surveyors and Valuers on the basis of open market value and this valuation is reflected in the balance sheet at 5th April 2025.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Bank loans and overdrafts

4,400

4,400

Taxation and social security

4,545

3,151

Other creditors

317,715

336,745

326,660

344,296

The bank loans are secured by a first legal charge over the company's freehold land and buildings.

The director has given a personal guarantee for the loans to the bank.

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

5.4.25

5.4.24

£

£

Bank loans

930,146

934,122

7.	SECURED DEBTS

The following secured debts are included within creditors:

5.4.25

5.4.24

£

£

Bank loans

934,546

938,522

8.	PROVISIONS FOR LIABILITIES

5.4.25

5.4.24

£

£

Deferred tax

296,821

296,821

Deferred

tax

£

Balance at 6 April 2024

296,821

Balance at 5 April 2025

296,821

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

5.4.25

5.4.24

value:

£

£

1,000

Ordinary

10p

100

100

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jeffrey Lermer FCA (Senior Statutory Auditor)

for and on behalf of JLA (UK) Ltd

11.	PROVISIONS FOR LIABILITIES

Provisions relates entirely to Deferred Tax on Investment Properties and is calculated based on the prevailing tax rate and charge that would apply in the event of the properties being sold at fair value.