REGISTERED NUMBER: 09361245 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

ROSEVILLE (DACRE) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Foster

D W Nicholson

SECRETARY:

REGISTERED OFFICE:

76 Eastern Way, Darras Hall

Ponteland

United Kingdom

Newcastle upon Tyne

NE20 9RE

REGISTERED NUMBER:

09361245 (England and Wales)

ACCOUNTANTS:

Russell & Co.

1st Floor, The Smithyside

7 Bell Villas

Ponteland

Newcastle upon Tyne

NE20 9BD

FIXED ASSETS

Tangible assets

4

527,856

528,155

CURRENT ASSETS

Prepayments and accrued income

306

378

Cash at bank

31,041

20,559

31,347

20,937

CREDITORS

Amounts falling due within one year

5

(210,031

)

(245,292

)

NET CURRENT LIABILITIES

(178,684

)

(224,355

)

TOTAL ASSETS LESS CURRENT LIABILITIES

349,172

303,800

PROVISIONS FOR LIABILITIES

(87

)

(149

)

ACCRUALS AND DEFERRED INCOME

-

(2,597

)

NET ASSETS

349,085

301,054

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

348,985

300,954

349,085

301,054

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 17 December 2025 and were signed on its behalf by:

S Foster - Director

1.	STATUTORY INFORMATION

Roseville (Dacre) 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.

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.

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.

Plant & Machinery - 20% Straight Line

Fixtures & Fittings 25% Straight Line

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

527,508

1,320

528,828

DEPRECIATION

At 1 April 2024

-

673

673

Charge for year

-

299

299

At 31 March 2025

-

972

972

NET BOOK VALUE

At 31 March 2025

527,508

348

527,856

At 31 March 2024

527,508

647

528,155

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,104

3,041

Taxation and social security

18,856

16,452

Other creditors

188,071

225,799

210,031

245,292

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

S Foster

Balance outstanding at start of year

-

-

Amounts repaid

(2,927

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,927

)

-

Loans to the directors are unsecured, interest free and repayable on demand.

7.	RELATED PARTY DISCLOSURES

Summary of transactions with Parent

Roseville Asset Management Ltd

The related party is the parent company, Roseville Asset Management Ltd, & it's subsidiaries, Roseville (The Paddock) & Roseville (Hillgate).

During the year the subsidiary repaid the parent £43,787. The amount due to the parent company at 31 March 2025 is £180,577 (2024: £224,364).

During the year the subsidiary received £1926 from Roseville (The Paddock) & £1207 from Roseville (Hillgate).

The loan is interest free & repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is Roseville Asset Management Ltd, incorporated in England & Wales. Their registered office is: 76 Eastern Way, Darras Hall, Ponteland, Newcastle Upon Tyne, United Kingdom, NE20 9RE