Company No: 00384200 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	R C B M Ainsworth
	Y E Ainsworth (Resigned 09 October 2025)

Secretary

R C B M Ainsworth

Registered office	30 Hollingdean Road
	Brighton
	Sussex
	BN2 4AA
	United Kingdom

Company number

00384200 (England and Wales)

Accountant	Kreston Reeves LLP
	1st Floor
	8a Ship Street
	Brighton
	BN1 1AZ

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rodhus Properties Limited for the financial year ended 31 January 2026 which comprise the Balance Sheet and the related notes 1 to 9 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

This report is made solely to the Director of Rodhus Properties Limited, as a body, in accordance with the terms of our engagement letter dated 20 July 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Rodhus Properties Limited and state those matters that we have agreed to state to the director of Rodhus Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rodhus Properties Limited and its Director as a body for our work or for this report.

It is your duty to ensure that Rodhus Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rodhus Properties Limited. You consider that Rodhus Properties Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Rodhus Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kreston Reeves LLP
Accountant

1st Floor
8a Ship Street
Brighton
BN1 1AZ

07 October 2026

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	2,432		1,750
Investment property	4	3,500,000		3,500,000
		3,502,432		3,501,750
Current assets
Debtors	5	31,210		31,419
Cash at bank and in hand		30,557		30,709
		61,767		62,128
Creditors: amounts falling due within one year	6	( 325,612)		( 321,010)
Net current liabilities		(263,845)		(258,882)
Total assets less current liabilities		3,238,587		3,242,868
Provision for liabilities	7	( 647,874)		( 641,391)
Net assets		2,590,713		2,601,477
Capital and reserves
Called-up share capital		1,000		1,000
Revaluation reserve		2,557,244		2,557,244
Other reserves		1,600		1,600
Profit and loss account		30,869		41,633
Total shareholder's funds		2,590,713		2,601,477

For the financial year ending 31 January 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges 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 Profit and Loss Account has not been delivered.

The financial statements of Rodhus Properties Limited (registered number: 00384200) were approved and authorised for issue by the Director on 07 October 2026. They were signed on its behalf by:

R C B M Ainsworth 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

Rodhus Properties 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 30 Hollingdean Road, Brighton, Sussex, BN2 4AA, United Kingdom.

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 one pound.

Going concern

These accounts are prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable in respect of rental income.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

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 current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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 on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment

4 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.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	3		2

3. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 February 2025	17,126		17,126
Additions	2,284		2,284
Disposals	( 1,311)		( 1,311)
At 31 January 2026	18,099		18,099
Accumulated depreciation
At 01 February 2025	15,376		15,376
Charge for the financial year	1,602		1,602
Disposals	( 1,311)		( 1,311)
At 31 January 2026	15,667		15,667
Net book value
At 31 January 2026	2,432		2,432
At 31 January 2025	1,750		1,750

4. Investment property

	Investment property
	£
Valuation
As at 01 February 2025	3,500,000
As at 31 January 2026	3,500,000

The 2026 valuations were made by R C B M Ainsworth, one of the directors, on an open market value for existing use basis.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2026		2025
	£		£
Historic cost	242,631		242,631

5. Debtors

	2026		2025
	£		£
Trade debtors	4,155		2,774
Amounts owed by director	18,924		20,514
Other debtors	8,131		8,131
	31,210		31,419

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	4,207		0
Amounts owed to Group undertakings	308,303		308,433
Accruals	3,408		3,276
Taxation and social security	1,910		2,932
Other creditors	7,784		6,369
	325,612		321,010

7. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	( 641,391)		( 641,452)
(Charged)/credited to the Profit and Loss Account	( 6,483)		61
At the end of financial year	( 647,874)		( 641,391)

The deferred taxation balance is made up as follows:

	2026		2025
	£		£
Accelerated capital allowances	( 407)		( 437)
Tax losses carry forward	0		6,514
Revaluation gains	( 647,467)		( 647,468)
	( 647,874)		( 641,391)

8. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the director and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

	2026		2025
	£		£
Unpaid contributions due to the fund (inc. in other creditors)	506		300

9. Related party transactions

**Rodhus Investments Limited**
(Related company)
The directors of Rodhus Properties Limited were also directors of Rodhus Investments Limited. At the balance sheet date the amount due to Rodhus Investments Limited was £308,303 (2025 : £308,433).

**R C B M Ainsworth**
(Director)
During the year the director was provided with an interest bearing unsecured loan from the company. During the year, the director made repayments of £9,983 and drew £7,761. Interest is charged at the appropriate HMRC official rate. At the year end the amount due from the director was £18,924 (2025: £20,514).