REGISTERED NUMBER: 12604012 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ROSHERVILLE PROPERTY DEVELOPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs A Rayner (nee Jarvis)

T E Reynolds

V R May (nee Harley)

SECRETARY:

Mrs M L Batstone

REGISTERED OFFICE:

Civic Centre

Windmill Street

Gravesend

Kent

DA12 1AU

REGISTERED NUMBER:

12604012 (England and Wales)

AUDITORS:

Carleys

Statutory Auditor

Second Floor South

The Fitted Rigging House

The Historic Dockyard

Chatham

Kent

ME4 4TZ

FIXED ASSETS

Tangible assets

4

2,020,000

2,020,000

CURRENT ASSETS

Stocks

62,250,794

44,275,551

Debtors

5

53,659

6,975

Cash at bank

337,894

496,618

62,642,347

44,779,144

CREDITORS

Amounts falling due within one year

6

184,994

26,390

NET CURRENT ASSETS

62,457,353

44,752,754

TOTAL ASSETS LESS CURRENT LIABILITIES

64,477,353

46,772,754

CREDITORS

Amounts falling due after more than one year

7

40,448,445

28,936,508

NET ASSETS

24,028,908

17,836,246

CAPITAL AND RESERVES

Called up share capital

8

24,052,029

17,853,296

Retained earnings

9

(23,121

)

(17,050

)

SHAREHOLDERS' FUNDS

24,028,908

17,836,246

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:

T E Reynolds - Director

1.	STATUTORY INFORMATION

Rosherville Property Development 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.

The financial statements have been prepared as a going concern as the directors have received assurances from the shareholder of their continuing support for the foreseeable future.

Tangible fixed assets

The company has aligned its property depreciation policy with that of its parent undertaking. Depreciation is not provided on interests in land which are considered to have a useful life in excess of 50 years.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

and 31 March 2025

2,020,000

NET BOOK VALUE

At 31 March 2025

2,020,000

At 31 March 2024

2,020,000

The company was granted a long lease over land by its shareholder on 16th March 2021 as part of the shareholder's equity interest in the company.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

53,659

6,975

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

178,793

21,890

Other creditors

6,201

4,500

184,994

26,390

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

40,448,445

28,936,508

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

17,853,296

Ordinary

£1

24,052,029

17,853,296

9.

RESERVES

Retained

earnings

£

At 1 April 2024

(17,050

)

Deficit for the year

(6,071

)

At 31 March 2025

(23,121

)

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

The Report of the Auditors was unqualified.

Claire M Ralph (Senior Statutory Auditor)

for and on behalf of Carleys