Roseshire Estates Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04001146 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

ROSESHIRE ESTATES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M Baumgarten

SECRETARY:

Mrs M Baumgarten

REGISTERED OFFICE:

115 Craven Park Road

London

N15 6BL

REGISTERED NUMBER:

04001146 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

5

1,423

1,675

Investment property

6

2,501,912

2,503,335

2,503,587

CURRENT ASSETS

Debtors

7

501,824

338,953

Cash at bank

5,293

18

507,117

338,971

CREDITORS

Amounts falling due within one year

8

(92,298

)

(95,877

)

NET CURRENT ASSETS

414,819

243,094

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,918,154

2,746,681

CREDITORS

Amounts falling due after more than one
year

9

(786,951

)

(585,425

)

PROVISIONS FOR LIABILITIES

(291,033

)

(291,033

)

NET ASSETS

1,840,170

1,870,223

CAPITAL AND RESERVES

Called up share capital

12

2

Fair value reserve

13

1,520,498

Retained earnings

13

319,670

349,723

SHAREHOLDERS' FUNDS

1,840,170

1,870,223

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

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

The director acknowledges her 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 and authorized for issue by the director and authorised for issue on 15 June 2026 and were signed by:

Mrs M Baumgarten - Director

1.	STATUTORY INFORMATION

Roseshire 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

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

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 June 2024

and 31 May 2025

6,479

DEPRECIATION

At 1 June 2024

4,804

Charge for year

252

At 31 May 2025

5,056

NET BOOK VALUE

At 31 May 2025

1,423

At 31 May 2024

1,675

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

and 31 May 2025

2,501,912

NET BOOK VALUE

At 31 May 2025

2,501,912

At 31 May 2024

2,501,912

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Trade debtors

-

448

Other debtors

501,824

338,505

501,824

338,953

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Trade creditors

269

1,033

Taxation and social security

73,781

81,557

Other creditors

18,248

13,287

92,298

95,877

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.5.25

31.5.24

£

Bank loans (see note 10)

770,284

558,758

Other creditors

16,667

26,667

786,951

585,425

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

576,928

354,902

Repayable by instalments

Bank loans more 5 yr by instal

193,356

203,856

Other creditors include Bounceback loan of £16,667 [2024 - £26,667]. The loan is unsecured, interest free for the first year, then capped at 2.5% and guaranteed by HM Government.

10.

LOANS

An analysis of the maturity of loans is given below:

31.5.25

31.5.24

£

Amounts falling due between two and five years:

Other loans - 2-5 years

16,667

26,667

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

576,928

354,902

Repayable by instalments

Bank loans more 5 yr by instal

193,356

203,856

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

Bank loans

770,284

558,758

Bank loans and overdraft are secured by the first charge over company's investment properties and bear interest at variable rates.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

2

Ordinary

£1

2

13.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 June 2024

349,723

1,520,498

1,870,221

Profit for the year

25,147

Dividends

(55,200

)

(55,200

)

At 31 May 2025

319,670

1,520,498

1,840,168

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs M Baumgarten.