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Company registration number:
07586427
ROSEBELL PROPERTIES LIMITED
Unaudited Filleted Financial Statements for the year ended
31 March 2025
PRESTIGE ACCOUNTS LIMITED
CHARTERED CERTIFIED ACCOUNTANTS & CHARTERED TAX ADVISERS
16 KHARTOUM ROAD, ILFORD, IG1 2NP, United Kingdom
ROSEBELL PROPERTIES LIMITED
Report to the board of directors on the preparation of the unaudited statutory financial statements of ROSEBELL PROPERTIES LIMITED
Year ended
31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
ROSEBELL PROPERTIES LIMITED
for the year ended
31 March 2025
which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
ROSEBELL PROPERTIES LIMITED
, as a body. Our work has been undertaken solely to prepare for your approval the
financial statements
of
ROSEBELL PROPERTIES LIMITED
and state those matters that we have agreed to state to the Board of Directors of
ROSEBELL PROPERTIES LIMITED
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
ROSEBELL PROPERTIES LIMITED
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
ROSEBELL PROPERTIES LIMITED
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
ROSEBELL PROPERTIES LIMITED
. You consider that
ROSEBELL PROPERTIES LIMITED
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of ROSEBELL PROPERTIES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
PRESTIGE ACCOUNTS LIMITED
CHARTERED CERTIFIED ACCOUNTANTS & CHARTERED TAX ADVISERS
16 KHARTOUM ROAD
ILFORD
IG1 2NP
United Kingdom
Date:
19 February 2026
ROSEBELL PROPERTIES LIMITED
Statement of Financial Position
31 March 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 2,846,314 |  | 2,287,296 |
Current assets |  |  |  |  |
Debtors | 6 | 3,088 |  | 1,685 |
Cash at bank and in hand |  | 58,320 |  | 173,237 |
|  | 61,408 |  | 174,922 |
Creditors: amounts falling due within one year | 7 | (1,245,512 | ) | (937,795 | )
Net current liabilities |  | (1,184,104 | ) | (762,873 | )
Total assets less current liabilities |  | 1,662,210 |  | 1,524,423 |
Creditors: amounts falling due after more than one year | 8 | (1,290,553 | ) | (1,187,843 | )
Net assets |  | 371,657 |  | 336,580 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Profit and loss account |  | 371,557 |  | 336,480 |
Shareholders funds |  | 371,657 |  | 336,580 |

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.
Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
19 February 2026
, and are signed on behalf of the board by:

MR ALI RENCBER
Director

Company registration number:
07586427
ROSEBELL PROPERTIES LIMITED
Notes to the Financial Statements
Year ended
31 March 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
36 NORTHGATE
,
CANTERBURY
,
KENT
,
CT1 1BL
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services supplied in the financial year, net of trade discounts and Value Added Tax.
The turnover in the financial statements, represents rent receivable from letting out properties in the financial year.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Land and buildings | Straight line over 50 years if their estimated residual value is considered to be less than their cost.
Fixtures, fittings and equipment | 20% reducing balance.

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

## 4 Average number of employees

The average number of persons employed by the company during the year was
1
(2024:
1.00
).

## 5 Tangible assets

| Land and buildings | Plant and machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost |  |  |  |  |  |
At 1 April 2024 | 2,284,115 |  | 26,981 |  | 2,311,096 |
Additions | 559,654 |  | - |  | 559,654 |
At 31 March 2025 | 2,843,769 |  | 26,981 |  | 2,870,750 |
Depreciation |  |  |  |  |  |
At 1 April 2024 | - |  | 23,800 |  | 23,800 |
Charge | - |  | 636 |  | 636 |
At 31 March 2025 | - |  | 24,436 |  | 24,436 |
Carrying amount |  |  |  |  |  |
At 31 March 2025 | 2,843,769 |  | 2,545 |  | 2,846,314 |
At 31 March 2024 | 2,284,115 |  | 3,181 |  | 2,287,296 |

The cost of the land and buildings shown above under tangible assets is relating to investment properties which have been carried at historical costs including improvements' capitalised cost. No valuation has been carried out for the company’s investment properties in the financial year to 31 March 2025.
Under the FRS 102 requirements, If a reliable measure of fair value is not available the investment property shall be transferred to tangible assets and accounted for under the cost model until it is expected that fair value will be reliably measurable on an on-going basis.
The above investment properties have not been depreciated since the company’s director considers the fair value of the properties at the end of the financial year to be higher than the properties' carrying value disclosed in the accounts, as stated above at historical costs.

## 6 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 3,000 |  | 1,285 |
Other debtors | 88 |  | 400 |
| 3,088 |  | 1,685 |

## 7 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 425,708 |  | 85,100 |
Trade creditors | 12,304 |  | 7,089 |
Taxation and social security | 10,657 |  | 3,907 |
Other creditors | 796,843 |  | 841,699 |
| 1,245,512 |  | 937,795 |

The amount of other creditors shown above, includes the amount of £787,036 for 2025 and £822,164 for 2024, relating to director’s / shareholder's current account.

## 8 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 1,290,553 |  | 1,187,843 |

The loans repayable by installments after more than one year shown above, are estimated to be £469,913 in 2025. The rest of the loans are non-installment loans.
The loans shown above, are mainly secured loans over the company’s properties.
The amount of loans shown under creditors falling due after more than one year in 2025 of £1,290,553, with a repayment period of more than five years as at 31 March 2025, is estimated to be £1,092,886.

## 9 Related party transactions

DIRECTOR’S / SHAREHOLDER'S CURRENT ACCOUNT :
At the end of the financial year, the company owed its sole director and shareholder the amount of £787,036 (£822,164 in 2024).
LOAN RECEIVED FROM A RELATED COMPANY :
The loan outstanding at the end of the financial year, which was received from a related company, was £11,000 (£40,000 in 2024). The loan is shown as part of the company’s creditors falling due within one year. It is an interest free unsecured loan, repayable on demand. The director and shareholder of Rosebell Properties Limited is also the director and shareholder in the related company.

## 10 Controlling party

The ultimate controlling party during the financial year was Mr Ali Rencber, who was also the sole director and he held 100% of the company’s share capital.