REGISTERED NUMBER: 04497752 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ROWANFIELD ESTATES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Frenkel

REGISTERED OFFICE:

73 Craven Park Road

London

N15 6AH

REGISTERED NUMBER:

04497752 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

4

617

735

Investment property

5

1,114,456

1,114,456

1,115,073

1,115,191

CURRENT ASSETS

Debtors

6

974,265

931,105

Investments

7

100

100

Cash at bank

256,619

18,908

1,230,984

950,113

CREDITORS

Amounts falling due within one year

8

(196,357

)

(218,170

)

NET CURRENT ASSETS

1,034,627

731,943

TOTAL ASSETS LESS CURRENT LIABILITIES

2,149,700

1,847,134

CREDITORS

Amounts falling due after more than one year

9

(1,396,423

)

(1,061,613

)

NET ASSETS

753,277

785,521

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

11

753,275

785,519

SHAREHOLDERS' FUNDS

753,277

785,521

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

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

The director acknowledges his 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 director and authorised for issue on 13 May 2026 and were signed by:

B Frenkel - Director

1.	STATUTORY INFORMATION

ROWANFIELD ESTATES 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.

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

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.

Turnover

Turnover represents net rent receivable, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,872

313

2,185

DEPRECIATION

At 1 April 2024

1,166

284

1,450

Charge for year

107

11

118

At 31 March 2025

1,273

295

1,568

NET BOOK VALUE

At 31 March 2025

599

18

617

At 31 March 2024

706

29

735

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,114,456

NET BOOK VALUE

At 31 March 2025

1,114,456

At 31 March 2024

1,114,456

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

3,107

Amounts owed by group undertakings

579,975

549,330

Other debtors

394,290

378,668

974,265

931,105

7.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Unlisted investments

100

100

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Tax

-

22,773

VAT

7,790

8,658

Other creditors

4,779

2

Tenant deposits

28,300

22,300

Directors' current accounts

154,168

162,237

Accrued expenses

1,320

2,200

196,357

218,170

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans more 5 yr by instal

-

290,240

Bank loans more 5 yrs non-inst

805,000

235,000

Citymist Services Limited

591,423

536,373

1,396,423

1,061,613

31.3.25

31.3.24

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

805,000

235,000

Repayable by instalments

Bank loans more 5 yr by instal

-

290,240

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2

11.

RESERVES

Retained

earnings

£

At 1 April 2024

785,519

Deficit for the year

(32,244

)

At 31 March 2025

753,275

12.	RELATED PARTY DISCLOSURES

Included within other creditors is the amount of £591,423 (2024: £536,373) which represents the amount owed by the company to Citymist Services Limited. The company and Citymist Services Limited share a common director.