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Registration number: 00655653

Roundset Developments Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 7 April 2025

Roundset Developments Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Roundset Developments Ltd

Company Information

Directors | Mr D E Whitworth Mrs S P Whitworth

Company secretary | Mr D E Whitworth

Registered office | Innovations House 19 Staple Gardens Winchester Hampshire SO23 8SR

Accountants | Tax Innovations Limited Innovations House 19 Staple Gardens Winchester Hampshire SO23 8SR

Roundset Developments Ltd

(Registration number: 00655653)
Balance Sheet as at 7 April 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 5 | 42 | 42
Creditors: Amounts falling due within one year | 6 | (180,774) | (180,774)
Net liabilities |  | (180,732) | (180,732)
Capital and reserves |  |  |
Called up share capital | 7 | 1,000 | 1,000
Retained earnings |  | (181,732) | (181,732)
Shareholders' deficit |  | (180,732) | (180,732)

For the financial year ending 7 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 January 2026 and signed on its behalf by:

......................................... Mr D E Whitworth Company secretary and director

Roundset Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 7 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Innovations House
19 Staple Gardens
Winchester
Hampshire
SO23 8SR
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Other tangible assets | 25% reducing balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Roundset Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 7 April 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Roundset Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 7 April 2025

4 | Tangible assets

| Other property, plant and equipment £ | Total £
Cost or valuation
At 8 April 2024 | 2,803 | 2,803
At 7 April 2025 | 2,803 | 2,803
Depreciation
At 8 April 2024 | 2,803 | 2,803
At 7 April 2025 | 2,803 | 2,803
Carrying amount
At 7 April 2025 | - | -

5 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 42 | 42
| 42 | 42

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 18 | 18
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 8 | 164,870 | 164,870
Accruals and deferred income |  | 1,500 | 1,500
Other creditors |  | 14,386 | 14,386
|  | 180,774 | 180,774

Roundset Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 7 April 2025

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1,000 | 1,000 | 1,000 | 1,000

8 | Related party transactions

Transactions with directors

2025 | At 8 April 2024 £ | At 7 April 2025 £
Mr D E Whitworth
Director's current account | 164,870 | 164,870

2024 | At 8 April 2023 £ | At 7 April 2024 £
Mr D E Whitworth
Director's current account | 164,870 | 164,870