Company No: 10402871 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	S L Dean
	P D Dean
	S J Rutt
	A F Screech

REGISTERED OFFICE	Beeches Farm
	Icknield Way
	Tring
	HP23 4LA
	United Kingdom

COMPANY NUMBER

10402871 (England and Wales)

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	5,168		6,350
Investment property	4	31,066,276		28,546,364
		31,071,444		28,552,714
Current assets
Debtors	5	102,758		183,633
Cash at bank and in hand		825,800		518,636
		928,558		702,269
Creditors: amounts falling due within one year	6	( 25,833,742)		( 26,067,455)
Net current liabilities		(24,905,184)		(25,365,186)
Total assets less current liabilities		6,166,260		3,187,528
Provision for liabilities	7	( 1,408,779)		( 542,719)
Net assets		4,757,481		2,644,809
Capital and reserves
Called-up share capital		100		100
Profit and loss account		4,757,381		2,644,709
Total shareholder's funds		4,757,481		2,644,809

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Rockshine Ltd. (registered number: 10402871) were approved and authorised for issue by the Board of Directors on 05 May 2026. They were signed on its behalf by:

S J Rutt Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rockshine Ltd is a private company limited by share capital incorporated in England and Wales.

The address of it's registered office is:
Beeches Farm
Icknield Way
Tring
HP23 4LA


These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention except where otherwise stated.

Going concern

The directors of the parent company have confirmed that they will not seek repayment of the amount due for at least a further year from the date of approval of the accounts. The directors of the company with a preference share investment in Rockshine Ltd.'s parent company confirmed that they will not seek repayment of the amount due for at least a further year from the date of approval of the accounts. Accordingly, the directors continue to adopt the going concern basis in preparing the annual report and accounts.

Turnover

Turnover comprises the fair value of the consideration received as rent shown net of tax. Rental income is recognised on a straight line basis over the life of the lease.

Taxation

The tax expense for the period comprises current tax and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Current tax

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax

The deferred tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible fixed assets

Tangible assets are stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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:

Plant and machinery etc.

10 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property

Investment property is carried at fair value, and is revalued annually by the directors to an amount equal to fair value. Changes in fair value are recognised in other operating income in the profit or loss .

Trade and other debtors

Trade debtors are amounts due from customers for services provided in the ordinary course of business. Trade debtors are recognised at the transaction price. A provision for the impairment of trad debtors is established when there is subjective evidence that the company will not be able to collect all amounts due according to the original terms of the debtors.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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. Trade creditors are recongised initially at the transaction price.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	4		4

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 October 2024	11,829		11,829
At 30 September 2025	11,829		11,829
Accumulated depreciation
At 01 October 2024	5,479		5,479
Charge for the financial year	1,182		1,182
At 30 September 2025	6,661		6,661
Net book value
At 30 September 2025	5,168		5,168
At 30 September 2024	6,350		6,350

4. Investment property

	Investment property
	£
Valuation
As at 01 October 2024	28,546,364
Fair value movement	2,519,912
As at 30 September 2025	31,066,276

The fair value of the company's investments was revalued on 30 September 2025. An independent valuer was not involved. Had this class of asset been measured on a historical cost basis, the carrying amount would have been £27,138,450 (2024 - £27,138,450).

5. Debtors

	2025		2024
	£		£
Trade debtors	85,245		151,609
Other debtors	17,513		32,024
	102,758		183,633

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	22,396		4,647
Amounts owed to group undertakings (note 8)	15,534		25,540
Amounts owed to related parties (note 8)	25,323,404		25,709,800
Taxation and social security	202,185		118,075
Other creditors	270,223		209,393
	25,833,742		26,067,455

7. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 542,719)		( 220,622)
Charged to the Profit and Loss Account	( 866,060)		( 322,097)
At the end of financial year	( 1,408,779)		( 542,719)

8. Related party transactions

Other related party transactions

Rockshine Ltd. has received a loan from it's parent company. This loan is interest free and is repayable upon demand. At the balance sheet date the amount due to the parent company was £15,534 (2024- £25,540).

Rockshine Ltd. has received a loan from a company which has a preference share investment in Rockshine Ltd's parent company. This loan incurs interest at 3% and is repayable upon demand. At the balance sheet date the amount due to the company was £25,323,404 (2024 - £25,709,800).