Rosimian Limited Company accounts

COMPANY REGISTRATION NUMBER: 06489034

ROSIMIAN LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

31 December 2025

ROSIMIAN LIMITED

FINANCIAL STATEMENTS

PERIOD FROM 1 SEPTEMBER 2024 TO 31 DECEMBER 2025

Contents	Page

Officers and professional advisers	1

Strategic report	2

Directors' report	3

Independent auditor's report to the member	5

Statement of income and retained earnings	8

Statement of financial position	9

Notes to the financial statements	10

ROSIMIAN LIMITED

OFFICERS AND PROFESSIONAL ADVISERS

The board of directors	J W Owen
	J A Munro

Registered office	Old Great North Road Old Great North Road
	Sutton-On-Trent
	Newark
	Notts
	England
	NG23 6QN

Auditor	Streets Audit LLP
	Chartered accountants & statutory auditor
	Windsor House
	A1 Business Park at
	Long Bennington
	Notts
	NG23 5JR

ROSIMIAN LIMITED

STRATEGIC REPORT

PERIOD FROM 1 SEPTEMBER 2024 TO 31 DECEMBER 2025

Review of the business The company is a holding company and has not traded throughout the current year and preceeding year. It is anticipated that the company will remain non-trading for the foreseeable future. The ultimate parent undertaking is Friars 938 Limited; a review of business of the Group is provided in those accounts. Principal risks and uncertainties The company is not exposed to any financial risks or uncertainties. Key performance indicators The Directors do not consider there to be any appropriate key performance indicators as the Company does not trade.

This report was approved by the board of directors on 21 October 2026 and signed on behalf of the board by:

J W Owen

Director

Registered office:

Old Great North Road Old Great North Road

Sutton-On-Trent

Newark

Notts

England

NG23 6QN

ROSIMIAN LIMITED

DIRECTORS' REPORT

PERIOD FROM 1 SEPTEMBER 2024 TO 31 DECEMBER 2025

The directors present their report and the financial statements of the company for the period ended 31 December 2025 .

Directors

The directors who served the company during the period were as follows:

T R Waldron
J W Owen	(Appointed 14 March 2025)
I Burgess	(Resigned 14 March 2025)
R P Elliman	(Resigned 14 March 2025)
G J M Rees	(Resigned 14 March 2025)

Dividends

Particulars of recommended dividends are detailed in note 5 to the financial statements.

Disclosure of information in the strategic report

The company has chosen in accordance with section 414C(11) of the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 to set out in the company's strategic report information required by schedule 7 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial period. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 21 October 2026 and signed on behalf of the board by:

J W Owen

Director

Registered office:

Old Great North Road Old Great North Road

Sutton-On-Trent

Newark

Notts

England

NG23 6QN

ROSIMIAN LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF ROSIMIAN LIMITED

PERIOD FROM 1 SEPTEMBER 2024 TO 31 DECEMBER 2025

Opinion

We have audited the financial statements of Rosimian Limited (the 'company') for the period ended 31 December 2025 which comprise the statement of income and retained earnings, statement of financial position and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the period then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was that we identified the material laws and regulations applicable to the company through discussions with management, and from our commercial knowledge and experience of the company and sector in which it operates. We then assessed the extent of compliance with these laws and regulations through making enquiries of of management. We then assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls we tested journal entries to identify unusual transactions, we assessed whether judgements and assumptions made in determining the accounting estimates set out in Note 3 were indicative of potential bias; and we investigated the rationale behind significant or unusual transactions. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report. Use of our report

This report is made solely to the company's member, as a body, in accordance with chapter 3 of part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's member those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's member as a body, for our audit work, for this report, or for the opinions we have formed.

Mark Bradshaw

(Senior Statutory Auditor)

For and on behalf of

Streets Audit LLP

Chartered accountants & statutory auditor

Windsor House

A1 Business Park at

Long Bennington

Notts

NG23 5JR

21 October 2026

ROSIMIAN LIMITED

STATEMENT OF INCOME AND RETAINED EARNINGS

PERIOD FROM 1 SEPTEMBER 2024 TO 31 DECEMBER 2025

	Period from	Period from
	1 Sep 24 to	1 Jan 24 to
	31 Dec 25	31 Aug 24
Note	£	£

Income from shares in group undertakings	4	300,000	300,000
		---------	---------
Profit before taxation		300,000	300,000

Tax on profit	–	–
	---------	---------
Profit for the financial period and total comprehensive income	300,000	300,000
	---------	---------

Dividends paid and payable	5	( 300,000)	( 300,000)

Retained earnings at the start of the period	912,266	912,266
	---------	---------
Retained earnings at the end of the period	912,266	912,266
	---------	---------

All the activities of the company are from continuing operations.

ROSIMIAN LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2025

	31 Dec 25	31 Aug 24
Note	£	£

Fixed assets

Investments	6	8,200,002	8,200,002

Current assets

Debtors	7	–	67,996

Creditors: amounts falling due within one year	8	( 7,287,636)	( 7,355,632)
		------------	------------
Net current liabilities		( 7,287,636)	( 7,287,636)
		------------	------------
Total assets less current liabilities		912,366	912,366
		---------	---------

Capital and reserves

Called up share capital	9	100	100
Profit and loss account		912,266	912,266
		---------	---------
Shareholder funds		912,366	912,366
		---------	---------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the medium companies regime.

These financial statements were approved by the board of directors and authorised for issue on 21 October 2026 , and are signed on behalf of the board by:

J W Owen

Director

Company registration number: 06489034

ROSIMIAN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 1 SEPTEMBER 2024 TO 31 DECEMBER 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Old Great North Road Old Great North Road, Sutton-On-Trent, Newark, Notts, NG23 6QN, England.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Friars 938 Limited. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented. (d) Disclosures in respect of share-based payments have not been presented. (e) No disclosure has been given for the aggregate remuneration of key management personnel.

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. The actual outcome may diverge from these estimates if other assumptions are made, or other conditions arise. - Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: Carrying value of investments The carrying value of investments includes £11,348,747 (2024: £11,348,747) of impairment losses from previous years. The carrying value of investments in subsidiary companies is £8,200,002 (2024: £8,200,002). The fair value and carrying value of their investments includes significant judgement and estimation uncertainty and variations in assumptions could have a significant impact on the company value and hence the company's net assets. Based on an assessment of future performance management believes that the carrying value of investments is reasonable and therefore no impairment charge is required in the current year.

Investments

Investments in subsidiaries are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

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.

Financial instruments

The company only holds basic financial instruments as defined in FRS 102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

4. Income from shares in group undertakings

	Period from	Period from
	1 Sep 24 to	1 Jan 24 to
	31 Dec 25	31 Aug 24
	£	£
Income from group undertakings	300,000	300,000
	---------	---------

5. Dividends

	31 Dec 25	31 Aug 24
	£	£
Dividends paid during the period (excluding those for which a liability existed at the end of the prior period )	300,000	300,000
	---------	---------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 September 2024 and 31 December 2025	19,548,749
	-------------
Impairment
At 1 September 2024 and 31 December 2025	11,348,747
	-------------

Carrying amount
At 31 December 2025	8,200,002
	-------------
At 31 August 2024	8,200,002
	-------------

7. Debtors

	31 Dec 25	31 Aug 24
	£	£
Amounts owed by group undertakings	–	67,996
	----	--------

8. Creditors: amounts falling due within one year

	31 Dec 25	31 Aug 24
	£	£
Amounts owed to group undertakings	7,287,636	7,355,632
	------------	------------

9. Called up share capital

Issued, called up and fully paid

	31 Dec 25		31 Aug 24
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

10. Controlling party

The immediate and ultimate parent company was The Garden Buildings Group Limited until 14 March 2025 when it was acquired in full by Friars 938 Limited. Friars 938 Limited remains the ultimate parent undertaking, and the smallest and largest group to consolidate these financial statements. Copies of the Friars 938 Limited consolidated financial statements can be obtained from the Company Secretary at the Registered Office. The ultimate controlling party is J Owen, a Director of this company.