REGISTERED NUMBER: 05336761 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

50 ROMAN ROAD FREEHOLD LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

K J Main

J W Alvarez

M Nonn

D Beharall

REGISTERED OFFICE:

52 Burnham Street

London

E2 0JF

REGISTERED NUMBER:

05336761 (England and Wales)

ACCOUNTANTS:

TC Group

Baird House

Seebeck Place

Knowlhill

Milton Keynes

Buckinghamshire

MK5 8FR

FIXED ASSETS

Tangible assets

3

491,121

491,121

CURRENT ASSETS

Debtors

4

25,624

19,624

Cash at bank

253,923

193,239

279,547

212,863

CREDITORS

Amounts falling due within one year

5

97,107

78,095

NET CURRENT ASSETS

182,440

134,768

TOTAL ASSETS LESS CURRENT LIABILITIES

673,561

625,889

CREDITORS

Amounts falling due after more than one year

6

30,533

36,250

NET ASSETS

643,028

589,639

CAPITAL AND RESERVES

Called up share capital

7

50

50

Special reserve

8

10,525

10,525

Retained earnings

8

632,453

579,064

SHAREHOLDERS' FUNDS

643,028

589,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

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 18 December 2025 and were signed on its behalf by:

K J Main - Director

1.	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.

Turnover

Turnover represents the sum of telecoms mast rental income, land use licence fees and ground rent income received during the year.

Tangible fixed assets

All fixed assets are initially recorded at cost.

In preparation of the introduction of Financial Reporting Standard 102, a revaluation of freehold property was undertaken. The company has chosen to elect this valuation of freehold property as deemed cost on transition to FRS102.

Depreciation is not provided on freehold property which is not in accordance with the requirements of FRS 102. The departure is on the grounds that the depreciation charge and related accumulated depreciation balance are not material, owing to a long estimated useful life and high residual value.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2024

and 31 March 2025

491,121

NET BOOK VALUE

At 31 March 2025

491,121

At 31 March 2024

491,121

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Ground rent debtors

25,400

19,400

Called up share capital not paid

50

50

Prepayments and accrued income

174

174

25,624

19,624

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

14,184

9,754

Other Creditors

63,652

42,442

Accruals and deferred income

19,271

25,899

97,107

78,095

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Members freehold loan

30,533

36,250

The members freehold loan is funds owed to the 50 members who contributed towards the costs of enfranchisement. These are in the form of nil rate unsecured loan notes repayable which are anticipated to be repaid in full by 2031. Loan repayments of NIL (2024 - NIL) were settled during the year.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50

Ordinary shares

£1

50

50

8.

RESERVES

Retained

Special

earnings

reserve

Totals

£

£

£

At 1 April 2024

579,064

10,525

589,589

Profit for the year

53,389

-

53,389

At 31 March 2025

632,453

10,525

642,978