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Registered number: 02059169
Rochda Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Barron & Co Ltd
Chartered Certified Accountants
433 Court Oak Road
Birmingham
West Midlands
B32 2DX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02059169
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,924 20,400
Investment Properties 5 18,615,429 19,047,061
Investments 6 933 933
18,633,286 19,068,394
CURRENT ASSETS
Stocks 7 1,253 1,065
Debtors 8 231,802 166,337
Cash at bank and in hand 9,583 1,869
242,638 169,271
Creditors: Amounts Falling Due Within One Year 9 (3,864,705 ) (4,524,025 )
NET CURRENT ASSETS (LIABILITIES) (3,622,067 ) (4,354,754 )
TOTAL ASSETS LESS CURRENT LIABILITIES 15,011,219 14,713,640
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,594,283 ) (1,641,623 )
NET ASSETS 13,416,936 13,072,017
CAPITAL AND RESERVES
Called up share capital 11 4 4
Revaluation reserve 12 4,873,923 5,123,083
Profit and Loss Account 8,543,009 7,948,930
SHAREHOLDERS' FUNDS 13,416,936 13,072,017
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr R F Whitehouse
Director
23/12/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rochda Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02059169 . The registered office is The Coach House 15 Somerset Road, Edgbaston, Birmingham, B15 2QB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% straight line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducung balance
Computer Equipment 25% reducung balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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Page 4
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 April 2024 9,582 54,013 - 63,595
Additions - - 2,165 2,165
As at 31 March 2025 9,582 54,013 2,165 65,760
Depreciation
As at 1 April 2024 9,582 33,613 - 43,195
Provided during the period - 5,100 541 5,641
As at 31 March 2025 9,582 38,713 541 48,836
Net Book Value
As at 31 March 2025 - 15,300 1,624 16,924
As at 1 April 2024 - 20,400 - 20,400
Cost or valuation as at 31 March 2025 represented by:
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
At cost 9,582 54,013 2,165 65,760
9,582 54,013 2,165 65,760
Page 4
Page 5
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 19,047,061
Additions 153,513
Disposals (335,985 )
Revaluations (249,160)
As at 31 March 2025 18,615,429
6. Investments
Unlisted
£
Cost
As at 1 April 2024 933
As at 31 March 2025 933
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 933
As at 1 April 2024 933
7. Stocks
2025 2024
£ £
Stock 1,253 1,065
8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 31,831 15,968
Prepayments and accrued income 683 -
Other debtors 199,288 150,369
231,802 166,337
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Page 6
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 15,309 -
Trade creditors 6,415 14,171
Corporation tax 103,051 124,536
Other taxes and social security 332 595
VAT 24,336 20,076
Net wages - 392
Other creditors - 4,683
Accruals and deferred income 10,985 63,900
Director's loan account 2,607,322 2,717,055
Amounts owed to group undertakings 1,096,955 1,578,617
3,864,705 4,524,025
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 15,309 -
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
12. Reserves
Revaluation Reserve
£
As at 1 April 2024 5,123,083
Net investment property revaluation reserve (249,160 )
As at 31 March 2025 4,873,923
Page 6