Rownshurst Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 01185410

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,625,972		1,627,465

			1,625,972		1,627,465
CURRENT ASSETS
Debtors	5	27,333		45,610
Cash at bank and in hand		724,778		655,508

		752,111		701,118
Creditors: Amounts Falling Due Within One Year	6	(65,847 )		(63,388 )

NET CURRENT ASSETS (LIABILITIES)			686,264		637,730

TOTAL ASSETS LESS CURRENT LIABILITIES			2,312,236		2,265,195

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(11,804 )		(12,088 )

NET ASSETS			2,300,432		2,253,107

CAPITAL AND RESERVES
Called up share capital	9		100		100
Revaluation reserve			652,084		652,084
Profit and Loss Account			1,648,248		1,600,923

SHAREHOLDERS' FUNDS			2,300,432		2,253,107

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Rownshurst Limited

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms K J Stedman

Director

28 October 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Rownshurst Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01185410 . The registered office is Unit 18c1 Star Trading Estate, Ponthir, Caerleon, Gwent, NP18 1PQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Rental income includes rent and service charges due and is recognised in the Profit and Loss account on the accruals basis, meaning that income is accounted for in the financial period to which it relates, regardless of the timing of cash receipts or payment

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% Reducing Balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

All of the financial instruments applying to the company are basic as defined in the Accounting Standard, and as such are initially recognised at the transaction price. Debt instruments are subsequently measured at amortised cost.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

...CONTINUED

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Rownshurst Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.6. Taxation - continued

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Impairment

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.

When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

2.8. Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

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Rownshurst Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

4. Tangible Assets

	Feeehold Investment Properties	Fixtures & Fittings	Total
	£	£	£
Cost or Valuation
As at 1 March 2025	1,620,000	13,797	1,633,797

As at 28 February 2026	1,620,000	13,797	1,633,797

Depreciation
As at 1 March 2025	-	6,332	6,332
Provided during the period	-	1,493	1,493

As at 28 February 2026	-	7,825	7,825

Net Book Value
As at 28 February 2026	1,620,000	5,972	1,625,972

As at 1 March 2025	1,620,000	7,465	1,627,465

The investment properties are all freehold and were revalued by Graham & Co Chartered Surveyors on 24 February 2024.

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	26,875	22,044
Prepayments and accrued income	458	377
Other debtors	-	21,523
Other tax and social security	-	1,666

	27,333	45,610

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	500	2,522
Social security and other taxes	18,737	-
Other creditors	11,713	22,801
Accruals and deferred income	34,897	38,065

	65,847	63,388

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Rownshurst Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

7. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Accelerated capital allowances	1,134	1,418
Revaluation of investment properties	10,670	10,670

	11,804	12,088

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 March 2025	12,088	12,088
Deferred taxation	(284 )	(284 )

Balance at 28 February 2026	11,804	11,804

9. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

10. Related Party Transactions

The company owes £11,713 to an entity where Ms K J Stedman either has control or significant influence, no interest has been charged on this balances.

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