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Registered number: 11530147
Rose Cotterill Lettings Ltd
Financial Statements
For The Year Ended 31 August 2025
Cursio & Co. Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11530147
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 261,961 262,197
261,961 262,197
CURRENT ASSETS
Cash at bank and in hand 5,699 5,826
5,699 5,826
Creditors: Amounts Falling Due Within One Year 5 (89,276 ) (92,867 )
NET CURRENT ASSETS (LIABILITIES) (83,577 ) (87,041 )
TOTAL ASSETS LESS CURRENT LIABILITIES 178,384 175,156
Creditors: Amounts Falling Due After More Than One Year 6 (133,394 ) (141,659 )
NET ASSETS 44,990 33,497
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 44,988 33,495
SHAREHOLDERS' FUNDS 44,990 33,497
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For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr S W Brown
Director
18 May 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Rose Cotterill Lettings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11530147 . The registered office is Bwthyn Felgaws, Tyllwyd Road, Neath, SA10 7DX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0% Straight line
Plant & Machinery 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 September 2024 269,270 8,018 14,213 291,501
Additions - - 1,810 1,810
As at 31 August 2025 269,270 8,018 16,023 293,311
Depreciation
As at 1 September 2024 13,445 5,471 10,388 29,304
Provided during the period - 637 1,409 2,046
As at 31 August 2025 13,445 6,108 11,797 31,350
Net Book Value
As at 31 August 2025 255,825 1,910 4,226 261,961
As at 1 September 2024 255,825 2,547 3,825 262,197
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 8,007 7,568
Corporation tax 2,751 4,043
Accruals and deferred income 1,300 1,300
Directors' loan accounts 72,638 75,376
Payments on account 4,580 4,580
89,276 92,867
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 133,394 141,659
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mrs Ruth Brown 37,688 - 1,369 - 36,319
Mr Samuel Brown 37,688 - 1,369 - 36,319
The above loan is unsecured, interest free and repayable on demand.
9. Related Party Transactions
Samuel William BrownDirectorLoan to company, amount due to the related party £36,319

Samuel William Brown

Director

Loan to company, amount due to the related party £36,319

Ruth Briony BrownDirectorLoan to company, amount due to the related party £36,319

Ruth Briony Brown

Director

Loan to company, amount due to the related party £36,319

10. Controlling Party
The company's controlling party is Mr Samuel William Brown and Mrs Ruth Briony Brown by virtue of their ownership of 50% of the issued share capital in the company.
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