Rosen Method Training And Therapy Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05824788 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2019

FOR

ROSEN METHOD TRAINING AND THERAPY LTD

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

Ms A Apsion

Ms I M Nordgren

REGISTERED OFFICE:

6 Manor Park Business Centre

Mackenzie Way

Cheltenham

Gloucestershire

GL51 9TX

REGISTERED NUMBER:

05824788 (England and Wales)

ACCOUNTANTS:

Andorran Limited

6 Manor Park Business Centre

Mackenzie Way

Cheltenham

Gloucestershire

GL51 9TX

CURRENT ASSETS

Debtors

338

286

Cash at bank

10,454

6,415

10,792

6,701

CREDITORS

Amounts falling due within one year

(20,488

)

(21,042

)

NET CURRENT LIABILITIES

(9,696

)

(14,341

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,696

)

(14,341

)

CREDITORS

Amounts falling due after more than one year

(20,000

)

(20,000

)

NET LIABILITIES

(29,696

)

(34,341

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(29,796

)

(34,441

)

SHAREHOLDERS' FUNDS

(29,696

)

(34,341

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 October 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 20 July 2020 and were signed on its behalf by:

Ms A Apsion - Director

1.	STATUTORY INFORMATION

Rosen Method Training And Therapy Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

At the balance sheet date the company had net current liabilities of £9,696 (2018 £14,341) and net

liabilities of £29,696 (2018 £34,341), of which £20,000 (2018 £20,000) is an interest free loan from an

associate of the directors with no defined repayment date and £18,803 (2017 £18,732) is owed to the

directors. The directors have considered the funding required by the company for a period of at least

12 months from the date of approval of these financial statements and have concluded that the

company will be able to generate sufficient cash flow to ensure that all other third party liabilities are

paid on their due date. They have also agreed that they will not withdraw their funding to the detriment

of other unsecured creditors and procured that their associate will do likewise.

As a result the directors consider it appropriate to assume that the company can continue to operate

as a going concern and have consequently drawn up the financial statements on that basis.

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.

Plant and machinery etc

-

10% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2018

and 31 October 2019

2,996

DEPRECIATION

At 1 November 2018

and 31 October 2019

2,996

NET BOOK VALUE

At 31 October 2019

-

At 31 October 2018

-

5.	RELATED PARTY DISCLOSURES

Ms I M Nordgren

Director and shareholder

The director has provided, and continues to provide, finance for working capital by way of an

unsecured director's loan account, for which no terms of interest or repayment have been agreed.

The loan is repayable on demand.

31.10.19

31.10.18

£

£

Amount due to related party at the balance sheet date

11,049

10,633

Ms A Apsion

Director and shareholder

The director has provided, and continues to provide, finance for working capital by way of an

unsecured director's loan account, for which no terms of interest or repayment have been agreed.

The loan is repayable on demand.

31.10.19

31.10.18

£

£

Amount due to related party at the balance sheet date

7,754

8,099

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Statement of Financial Position. Readers are cautioned that the Income

Statement and certain other primary statements and the Report of the Directors are not required to be

filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Rosen Method Training And Therapy Ltd for the year ended 31 October 2019

which comprise the Statement of Income and Retained Earnings, Abridged Statement of Financial Position

and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Rosen Method Training And Therapy Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rosen Method Training And Therapy Ltd and state those matters that we have agreed to state to the Board of Directors of Rosen Method Training And Therapy Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rosen Method Training And Therapy Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rosen Method Training And Therapy Ltd 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 profit of Rosen Method Training And Therapy Ltd. You consider that Rosen Method Training And Therapy Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rosen Method Training And Therapy Ltd. 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.

Andorran Limited

6 Manor Park Business Centre

Mackenzie Way

Cheltenham

Gloucestershire

GL51 9TX

Date: .............................................