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Company Registration No. 05925911 (England and Wales)
Roche Barrett Estates Limited Unaudited accounts for the year ended 29 September 2025
Roche Barrett Estates Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Roche Barrett Estates Limited Company Information for the year ended 29 September 2025
Director
Errol Barrett
Secretary
Joanne Barrett
Company Number
05925911 (England and Wales)
Registered Office
Cca Sussex Innovation Centre Science Park Square Brighton East Sussex BN1 9SB United Kingdom
Accountants
Collective Concepts Accounting Ltd
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Roche Barrett Estates Limited Statement of financial position as at 29 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
19,241
22,938
Investment property
5
4,343,831
4,105,986
Investments
6
100
100
4,363,172
4,129,024
Current assets
Debtors
7
365,505
299,662
Cash at bank and in hand
1,375
17,679
366,880
317,341
Creditors: amounts falling due within one year
8
(2,663,883)
(2,200,103)
Net current liabilities
(2,297,003)
(1,882,762)
Total assets less current liabilities
2,066,169
2,246,262
Creditors: amounts falling due after more than one year
9
(1,943,992)
(2,000,204)
Net assets
122,177
246,058
Capital and reserves
Called up share capital
4
4
Share premium
25,000
25,000
Fair value reserve
1,656,039
1,656,039
Profit and loss account
(1,558,866)
(1,434,985)
Shareholders' funds
122,177
246,058
For the year ending 29 September 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 July 2026 and were signed on its behalf by
Errol Barrett Director Company Registration No. 05925911
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Roche Barrett Estates Limited Notes to the Accounts for the year ended 29 September 2025
1
Statutory information
Roche Barrett Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 05925911. The registered office is Cca, Sussex Innovation Centre, Science Park Square, Brighton, East Sussex, BN1 9SB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2009 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows: - investment property valuations
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents amounts invoiced, net of value added tax, derived from the company's principal activity. Rental income is recognised over the term of the lease on a straight-line basis. The aggregate cost of incentives is deducted from the rental income and allocated to the profit and loss account over the lease term or to the next review date, which ever is shorter. Sales income and asset management fees are recognised when the financial risks and rewards are transferred.
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Roche Barrett Estates Limited Notes to the Accounts for the year ended 29 September 2025
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all tinting differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
33.33% Reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
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Roche Barrett Estates Limited Notes to the Accounts for the year ended 29 September 2025
Going concern
The financial statements have been prepared under the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon continuing support of the creditors, the director and on funding from other external sources. If the company were unable to continue in operational existence for the foreseeable future, adjustment would have to be made to reduce the balance sheet values of the assets to recoverable amounts, and to provide for further liabilities that might arise. The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 30 September 2024
50,593
16,788
8,237
-
75,618
Additions
-
-
-
1,233
1,233
At 29 September 2025
50,593
16,788
8,237
1,233
76,851
Depreciation
At 30 September 2024
39,166
8,411
5,103
-
52,680
Charge for the year
2,857
1,257
782
34
4,930
At 29 September 2025
42,023
9,668
5,885
34
57,610
Net book value
At 29 September 2025
8,570
7,120
2,352
1,199
19,241
At 29 September 2024
11,427
8,377
3,134
-
22,938
5
Investment property
2025
£
Fair value at 30 September 2024
4,105,986
Additions
237,845
At 29 September 2025
4,343,831
6
Investments
Subsidiary undertakings
£
Valuation at 30 September 2024
100
Valuation at 29 September 2025
100
The company had interests in the following subsidiary Roche Barrett Estates2 Ltd, The proportion of shares held is 100%, the country of incorporation is UK and the nature of business is Development of building projects.
- 7 -
Roche Barrett Estates Limited Notes to the Accounts for the year ended 29 September 2025
7
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
151,231
29,390
Deferred tax asset
192,454
193,135
Accrued income and prepayments
14,347
77,137
Other debtors
7,473
-
365,505
299,662
8
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
7,576
10,000
VAT
27,944
46,092
Trade creditors
9,231
8,386
Amounts owed to group undertakings and other participating interests
7,532
47,365
Taxes and social security
-
125
Other creditors
27,538
30,035
Loans from directors
2,580,631
2,054,500
Accruals
3,431
3,600
2,663,883
2,200,103
The bank loans are secured over the assets of the company.
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,943,992
2,000,204
10
Transactions with related parties
At the year end, the following amounts were owed to the company by related parties: £Nil (2024: £1,608) by Wild Earth Café Bar Limited; £4,623 (2024: £1,458) by Hanover Estates Ltd; and £141,665 (2024: £26,324) by Roche Barrett Estate 3 Ltd. During the year, a balance of £63,498.67 due from Wild Earth Café Bar Limited was written off and recognised as an expense in the profit and loss account. All of the above entities are under common control and are therefore considered related parties.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 8 -