Rothwell Rose Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10124476 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

FOR

ROTHWELL ROSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs E C R Scrope

SECRETARY:

P C Walker

REGISTERED OFFICE:

Hardinge Farm

Upper Seagry

Chippenham

WILTS

SN15 5HA

REGISTERED NUMBER:

10124476 (England and Wales)

ACCOUNTANTS:

C B Heslop And Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

3

996

1,495

CURRENT ASSETS

Debtors

4

97,257

85,906

Cash at bank

20,650

33,674

117,907

119,580

CREDITORS

Amounts falling due within one year

5

142,395

131,984

NET CURRENT LIABILITIES

(24,488

)

(12,404

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(23,492

)

(10,909

)

PROVISIONS FOR LIABILITIES

189

-

NET LIABILITIES

(23,681

)

(10,909

)

CAPITAL AND RESERVES

Called up share capital

6

5,000

5,000

Retained earnings

7

(28,681

)

(15,909

)

SHAREHOLDERS' FUNDS

(23,681

)

(10,909

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 27 August 2019 and were signed by:

Mrs E C R Scrope - Director

1.	STATUTORY INFORMATION

Rothwell Rose 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 May 2018

and 30 April 2019

1,993

DEPRECIATION

At 1 May 2018

498

Charge for year

499

At 30 April 2019

997

NET BOOK VALUE

At 30 April 2019

996

At 30 April 2018

1,495

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade debtors

93,893

82,174

Other debtors

3,364

3,732

97,257

85,906

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade creditors

43,401

49,317

Other creditors

98,994

82,667

142,395

131,984

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.19

30.4.18

value:

£

£

10,000

Ordinary

£1

5,000

5,000

7.

RESERVES

Retained

earnings

£

At 1 May 2018

(15,909

)

Deficit for the year

(12,772

)

At 30 April 2019

(28,681

)

8.	CONTINGENT LIABILITIES

There were no contingent liabilities as at 30th April 2019.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed £18,250 (2017: £13,447) to Mrs E Scrope, the director.

10.	ULTIMATE CONTROLLING PARTY

Mrs E Scrope controls the company by virtue of her controlling interest of 100% of the ordinary share capital.

11.	BALANCE SHEET POSITION

The Company's liabilities exceed its assets by £23,681. The total amount due to the director at the Balance Sheet

date was £18,250. This being the case, the director is confident that the company can meet all of its financial

obligations into the forseable future.