REGISTERED NUMBER: 02036246 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ROSELANDS HEATING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S M Burgum

REGISTERED OFFICE:

30-32 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

02036246 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

144,323

146,194

CURRENT ASSETS

Debtors

5

401,715

516,170

Cash at bank

255,716

256,174

657,431

772,344

CREDITORS

Amounts falling due within one year

6

(352,613

)

(442,172

)

NET CURRENT ASSETS

304,818

330,172

TOTAL ASSETS LESS CURRENT LIABILITIES

449,141

476,366

PROVISIONS FOR LIABILITIES

(35,952

)

(13,098

)

NET ASSETS

413,189

463,268

CAPITAL AND RESERVES

Called up share capital

7

50

50

Capital redemption reserve

52

52

Retained earnings

413,087

463,166

SHAREHOLDERS' FUNDS

413,189

463,268

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 November 2025 and were signed by:

S M Burgum - Director

1.	STATUTORY INFORMATION

Roselands Heating 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.

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

Contract revenues and expenses are recognised by reference to the stage of completion of contract activity where the outcome of the contract can be estimated reliably, otherwise revenue is recognised only to the extent of recoverable contract costs incurred.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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

Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

56,550

223,254

44,040

323,844

Additions

8,145

41,774

-

49,919

Disposals

-

(7,995

)

-

(7,995

)

At 31 March 2025

64,695

257,033

44,040

365,768

DEPRECIATION

At 1 April 2024

40,133

96,210

41,307

177,650

Charge for year

6,141

41,730

2,022

49,893

Eliminated on disposal

-

(6,098

)

-

(6,098

)

At 31 March 2025

46,274

131,842

43,329

221,445

NET BOOK VALUE

At 31 March 2025

18,421

125,191

711

144,323

At 31 March 2024

16,417

127,044

2,733

146,194

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

387,740

504,063

Other debtors

13,975

12,107

401,715

516,170

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

82,348

159,163

Amounts owed to group undertakings

10,378

10,378

Taxation and social security

256,276

269,020

Other creditors

3,611

3,611

352,613

442,172

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50

Ordinary A

£1

50

50

8.	RELATED PARTY DISCLOSURES

During the year the company was charged management charges of £54,000 (2024: £54,000) and rent of £29,000 (2024: £29,000) by its parent company HAB (Eastbourne) Limited. At the year end there was a balance due to HAB (Eastbourne) Limited of £10,378 (2024: £10,378).

9.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of HAB (Eastbourne) Limited. The ultimate controlling party is the Director Mr S Burgum who owns the entire share capital of HAB (Eastbourne) Limited.