REGISTERED NUMBER: 07915002 (England and Wales)

ROSEVILLE CONTRACTS LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Kelsey

REGISTERED OFFICE:

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

REGISTERED NUMBER:

07915002 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

288,367

265,215

288,367

265,215

CURRENT ASSETS

Stocks

71,072

69,226

Debtors

6

5,716,283

3,922,542

Cash in hand

376,717

648,254

6,164,072

4,640,022

CREDITORS

Amounts falling due within one year

7

4,384,093

2,495,061

NET CURRENT ASSETS

1,779,979

2,144,961

TOTAL ASSETS LESS CURRENT LIABILITIES

2,068,346

2,410,176

CREDITORS

Amounts falling due after more than one year

8

329,137

390,121

NET ASSETS

1,739,209

2,020,055

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,739,109

2,019,955

SHAREHOLDERS' FUNDS

1,739,209

2,020,055

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 11 August 2026 and were signed by:

M Kelsey - Director

1.	STATUTORY INFORMATION

Roseville Contracts Limited 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 arises from increases in valuations on contracts and includes goods & services provided. Turnover is normally determined by external valuations and is the gross value of work carried out for the period to the balance sheet date (including retentions).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

25% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated compared with its carrying amount.If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss account.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, has been amortised evenly over its estimated useful life of three years.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 26 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

164,999

AMORTISATION

At 1 January 2025

and 31 December 2025

164,999

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2025

33,311

95,814

15,232

Additions

-

-

-

At 31 December 2025

33,311

95,814

15,232

DEPRECIATION

At 1 January 2025

33,311

68,725

14,639

Charge for year

-

6,772

203

At 31 December 2025

33,311

75,497

14,842

NET BOOK VALUE

At 31 December 2025

-

20,317

390

At 31 December 2024

-

27,089

593

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

252,555

88,002

484,914

Additions

79,788

9,192

88,980

At 31 December 2025

332,343

97,194

573,894

DEPRECIATION

At 1 January 2025

28,373

74,651

219,699

Charge for year

51,006

7,847

65,828

At 31 December 2025

79,379

82,498

285,527

NET BOOK VALUE

At 31 December 2025

252,964

14,696

288,367

At 31 December 2024

224,182

13,351

265,215

The net book value of tangible fixed assets includes £ 252,964 (2024 - £ 224,182 ) in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,332,211

2,799,016

Other debtors

1,112,906

715,946

Directors' loan accounts

-

213,583

VAT

179,302

124,941

Prepayments

91,864

69,056

5,716,283

3,922,542

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

75,836

82,140

Hire purchase contracts

59,387

39,613

Trade creditors

2,445,251

1,457,700

Tax

43,760

114,561

Social security and other taxes

177,616

157,860

Pension Liability

3,389

3,288

Factoring liability

1,518,434

547,850

Accrued expenses

60,420

92,049

4,384,093

2,495,061

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

33,300

BCRS loan 1-2 years

48,639

42,533

BCRS loan 2-5 years

118,572

167,210

Hire purchase contracts

161,926

147,078

329,137

390,121

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

221,313

186,691

BCRS Loan

209,743

246,937

Factoring Liability

1,518,434

547,850

1,949,490

981,478

The factoring liability is secured against the companies trade debtors.

The BCRS Loan is secured by a fixed and floating charge.

The Hire Purchase Contracts for the Motor Vehicles are secured against the asset under contract.

10.	FINANCIAL COMMITMENTS

Total financial commitments in respect of operating leases which are not included in the balance sheet amount to £255,775 (2024: £245,676)

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

M Kelsey

Balance outstanding at start of year

213,582

-

Amounts advanced

222,740

480,859

Amounts repaid

(436,322

)

(267,277

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

213,582

12.	RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £1,091,696 (2024: £705,946) was owed from NTJ Developments (Midlands) Limited.

At the balance sheet date an amount of £21,210 was owed from Next Gen Properties Midlands Limited.

These companies are related by common directorship.