Company registration number 04825561 (England and Wales)
ROSESTONE LIMITED
Unaudited financial statements
For the year ended 31 July 2025
Pages for filing with registrar
ROSESTONE LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
ROSESTONE LIMITED
STATEMENT OF FINANCIAL POSITION
As at 31 July 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Non-current assets
Investment properties
3
525,000
525,000
Current assets
Trade and other receivables
4
861
1,515
Cash and cash equivalents
11,510
9,645
12,371
11,160
Current liabilities
5
(342,367)
(342,363)
Net current liabilities
(329,996)
(331,203)
Total assets less current liabilities
195,004
193,797
Provisions for liabilities
6
(13,123)
(12,821)
Net assets
181,881
180,976
Equity
Called up share capital
7
100
100
Retained earnings
8
181,781
180,876
Total equity
181,881
180,976

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on
1 April 2026
01 April 2026
and are signed on its behalf by:
K A Palmer
A K Palmer
Director
Director
Company Registration No. 04825561
ROSESTONE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 July 2025
- 2 -
1
Accounting policies
Company information

Rosestone Limited is a private company limited by shares incorporated in England and Wales. The registered office is 98 Berrylands, Surbiton, Surrey, KT5 8JY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Revenue

Turnover represents rental income receivable. Rental income is accounted for on a straight-line basis over the term of the lease.

1.3
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

ROSESTONE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For the year ended 31 July 2025
1
Accounting policies
(Continued)
- 3 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other payables and loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

1.6
Taxation

The tax expense represents deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 0 (2024 - 0).

3
Investment property
2025
£
Fair value
At 1 August 2024 and 31 July 2025
525,000
ROSESTONE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For the year ended 31 July 2025
- 4 -
4
Trade and other receivables
2025
2024
Amounts falling due within one year:
£
£
Other receivables
861
1,515
5
Current liabilities
2025
2024
£
£
Other payables
342,367
342,363

Other payables includes £34 0,387 (20 24 - £340,387) relating to loans from the directors of the company. These loans are secured by legal charges and fixed charges over company's investment property.

6
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
13,123
12,821
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
8
Retained earnings

Retained earnings includes losses of £31,912 (20 24 - £32,817) and non-distributable profits of £213,693 (20 24 - £213,693). The non-distributable profits includes the unrealised gains relating to the investment properties fair value movements and the deferred tax provision.

9
Directors' transactions

At the end of the year the company owed the directors £340,387 (2024 - £340,387), on which interest at 4% per annum is due. The loan interest due for the current year and the preceding year was waived by the directors.

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