REGISTERED NUMBER: 11574481 (England and Wales)

ROXWELL PROPERTY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J C Thompson

Mrs K F Thompson

REGISTERED OFFICE:

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

REGISTERED NUMBER:

11574481 (England and Wales)

ACCOUNTANTS:

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

FIXED ASSETS

Tangible assets

4

4,944

8,462

Investment property

5

2,809,659

2,133,115

2,814,603

2,141,577

CURRENT ASSETS

Debtors

6

1,117

841

Cash at bank

12,223

9,536

13,340

10,377

CREDITORS

Amounts falling due within one year

7

519,862

650,721

NET CURRENT LIABILITIES

(506,522

)

(640,344

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,308,081

1,501,233

CREDITORS

Amounts falling due after more than one year

8

(2,176,342

)

(1,623,863

)

PROVISIONS FOR LIABILITIES

(162,581

)

(88,015

)

NET LIABILITIES

(30,842

)

(210,645

)

CAPITAL AND RESERVES

Called up share capital

120

120

Other reserves

487,599

264,045

Retained earnings

(518,561

)

(474,810

)

(30,842

)

(210,645

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 28 April 2026 and were signed on its behalf by:

Mr A J C Thompson - Director

1.	STATUTORY INFORMATION

Roxwell Property Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents rents receivable during the period. Rental income is recognised on the basis of amounts due in the period.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

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 like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

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.

Going concern

The company has the continued financial support of its directors, who have agreed not to request repayment of their loans until the company has the funds available. On this basis the directors of Roxwell Property Limited consider it appropriate to prepare accounts on the going concern basis. These financial statements do not include any adjustments that would result in the company suffering further trading losses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

68,510

Additions

1,070

At 30 September 2025

69,580

DEPRECIATION

At 1 October 2024

60,048

Charge for year

4,588

At 30 September 2025

64,636

NET BOOK VALUE

At 30 September 2025

4,944

At 30 September 2024

8,462

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

2,133,115

Additions

378,473

Revaluations

298,071

At 30 September 2025

2,809,659

NET BOOK VALUE

At 30 September 2025

2,809,659

At 30 September 2024

2,133,115

Fair value at 30 September 2025 is represented by:

£

Valuation in 2019

66,108

Valuation in 2021

94,888

Valuation in 2022

56,854

Valuation in 2023

134,210

Valuation in 2025

298,071

Cost

2,159,528

2,809,659

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

2025

2024

£

£

Cost

2,159,528

1,781,055

Investment property was valued on an open market basis on 30 June 2025 by JRW Chartered Surveyors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments and accrued income

1,117

841

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bridging loan

260,480

219,838

Directors' current accounts

247,695

424,270

Accruals and deferred income

11,687

6,613

519,862

650,721

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more 5 yrs non-inst

1,916,342

1,363,863

Other creditors

260,000

260,000

2,176,342

1,623,863

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,916,342

1,363,863

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,916,342

1,363,863

Bridging loan

260,480

219,838

2,176,822

1,583,701