REGISTERED NUMBER: 01440009 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Rolfe Construction (Hockwold) Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mrs C L Constable

Mr J P Rolfe

REGISTERED OFFICE:

Elm Cottage

23 Back Street

Lakenheath

Suffolk

IP27 9HB

REGISTERED NUMBER:

01440009 (England and Wales)

ACCOUNTANTS:

Knights Lowe Chartered Accountants

Eldo House

Kempson Way

Suffolk Business Park

Bury St Edmunds

Suffolk

IP32 7AR

BANKERS:

Lloyds TSB Bank plc

High Street

Mildenhall

Suffolk

IP28 7DZ

FIXED ASSETS

Tangible assets

5

825

-

Investment property

6

290,000

290,000

290,825

290,000

CURRENT ASSETS

Debtors

7

469

1,442

Cash at bank and in hand

42,005

36,418

42,474

37,860

CREDITORS

Amounts falling due within one year

8

58,885

59,124

NET CURRENT LIABILITIES

(16,411

)

(21,264

)

TOTAL ASSETS LESS CURRENT LIABILITIES

274,414

268,736

PROVISIONS FOR LIABILITIES

9

52,993

52,993

NET ASSETS

221,421

215,743

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

11

192,548

192,548

Retained earnings

28,773

23,095

SHAREHOLDERS' FUNDS

221,421

215,743

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 21 April 2026 and were signed on its behalf by:

Mrs C L Constable - Director

1.	STATUTORY INFORMATION

Rolfe Construction (Hockwold) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared on the going concern basis, despite the existence of net current liabilities at the balance sheet date. The commercial viability of the business is dependant on the continued financial support of the directors and shareholders. The company has received undertakings from these parties that such support will be forthcoming for the foreseeable future and as such the going concern basis is deemed appropriate.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents rental income receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

4 years straight line

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other accounts receivable and payable, and loans from the bank and related parties.

Debt instruments, such as loans and other accounts receivable and payable, are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, such as the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payment discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,100

At 31 August 2025

1,100

DEPRECIATION

Charge for year

275

At 31 August 2025

275

NET BOOK VALUE

At 31 August 2025

825

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

290,000

NET BOOK VALUE

At 31 August 2025

290,000

At 31 August 2024

290,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2022

245,541

Cost

44,459

290,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

44,459

44,459

The investment property was valued on an open market basis on 31 August 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

469

1,442

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

1,138

639

Other creditors

57,747

58,485

58,885

59,124

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Other timing differences

52,993

52,993

Deferred

tax

£

Balance at 1 September 2024

52,993

Balance at 31 August 2025

52,993

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Fair

value

reserve

£

At 1 September 2024

and 31 August 2025

192,548