Company No: 10398443 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	1,569,537		1,544,211
Investments	4	9,167		9,227
		1,578,704		1,553,438
Current assets
Debtors
- due within one year	5	2,898,931		1,147,682
- due after more than one year	5	2,000,000		0
Investments	6	2,160,924		0
Cash at bank and in hand		661,976		118,278
		7,721,831		1,265,960
Creditors: amounts falling due within one year	7	( 44,059)		( 60,602)
Net current assets		7,677,772		1,205,358
Total assets less current liabilities		9,256,476		2,758,796
Creditors: amounts falling due after more than one year	8	( 185,245)		( 422,444)
Provision for liabilities		( 66,715)		( 69,078)
Net assets		9,004,516		2,267,274
Capital and reserves
Called-up share capital	9	190		190
Profit and loss account		9,004,326		2,267,084
Total shareholders' funds		9,004,516		2,267,274

For the financial year ending 30 June 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Roundham Holdings Limited (registered number: 10398443) were approved and authorised for issue by the Board of Directors on 13 October 2026. They were signed on its behalf by:

Mr M S Salmon Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Roundham Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom. The principal place of business is Valley House, Valley Road, Plympton, Plymouth, PL7 1RF.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:

Land and buildings are not depreciated as detailed below, with the exception of the solar panel additions, which are being depreciated on a straight line basis over 5 years that have been classified within land and buildings.

Land and buildings	not depreciated
Vehicles	15 % reducing balance
Office equipment	6 - 7 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	1		0

3. Tangible assets

	Land and buildings		Vehicles		Office equipment		Total
	£		£		£		£
Cost
At 01 July 2025	1,500,000		74,335		2,789		1,577,124
Additions	37,000		0		2,814		39,814
At 30 June 2026	1,537,000		74,335		5,603		1,616,938
Accumulated depreciation
At 01 July 2025	0		31,537		1,376		32,913
Charge for the financial year	7,400		6,420		668		14,488
At 30 June 2026	7,400		37,957		2,044		47,401
Net book value
At 30 June 2026	1,529,600		36,378		3,559		1,569,537
At 30 June 2025	1,500,000		42,798		1,413		1,544,211

Included within the net book value of land and buildings above is £1,500,000 (2025 - £1,500,000) in respect of freehold land and buildings. In the directors opinion the market value of freehold property at 30 June 2026 is £1,500,000.

4. Fixed asset investments

	2026		2025
	£		£
Subsidiary undertakings	9,167		9,227

Investments in subsidiaries

	2026
	£
Cost
At 01 July 2025	9,227
At 30 June 2026	9,227
Provisions for impairment
At 01 July 2025	0
Disposals	60
At 30 June 2026	60
Carrying value at 30 June 2026	9,167
Carrying value at 30 June 2025	9,227

5. Debtors

	2026		2025
	£		£
Debtors: amounts falling due within one year
Trade debtors	8,548		6,635
Amounts owed by Group undertakings	1,192,000		0
Amounts owed by connected companies	482,000		0
Amounts owed by directors	151,959		145,959
Prepayments and accrued income	1,007,326		4,254
Corporation tax	0		4,006
Other debtors	57,098		986,828
	2,898,931		1,147,682
Debtors: amounts falling due after more than one year
Accrued income	2,000,000		0

6. Current asset investments

	2026		2025
	£		£
Listed investments – at fair value	2,160,924		0

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	22,390		40,699
Trade creditors	2,681		9,944
Corporation tax	6,923		0
Other taxation and social security	6,797		4,071
Other creditors	5,268		5,888
	44,059		60,602

8. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	185,245		422,444

9. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
6,650 Ordinary A shares of £ 0.01 each (2025: nil shares)	66.50		0
1,900 Ordinary B shares of £ 0.01 each (2025: nil shares)	19.00		0
1,900 Ordinary C shares of £ 0.01 each (2025: nil shares)	19.00		0
1,900 Ordinary D shares of £ 0.01 each (2025: nil shares)	19.00		0
6,650 Ordinary E shares of £ 0.01 each (2025: nil shares)	66.50		0
Nil Ordinary shares (2025: 19,000 shares of £ 0.01 each)	0		190.00
	190.00		190.00

During the year, there was a reclassification of the Ordinary shares as shown above.

10. Related party transactions

Transactions with the entity's directors

	2026		2025
	£		£
Balances brought forward	145,959		150,919
Add: Advances made during the year	36,000		1,040
Less: Repayments made during the year	(30,000)		(6,000)
Balance carried forward	151,959		145,959

11. Reserves

Included within the profit and loss account balance carried forward are non-distributable reserves of £237,968 (2025: £104,692). These reserves represent the cumulative revaluation gains, after provision for deferred tax, on the company's investments and investment properties.