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 2020

FOR

ROSEN METHOD TRAINING AND THERAPY LTD

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

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

340

338

Cash at bank

21,373

10,454

21,713

10,792

CREDITORS

Amounts falling due within one year

(41,777

)

(40,488

)

NET CURRENT LIABILITIES

(20,064

)

(29,696

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(20,064

)

(29,696

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(20,164

)

(29,796

)

SHAREHOLDERS' FUNDS

(20,064

)

(29,696

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 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 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 2020 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 director and authorised for issue on 15 July 2021 and were signed by:

Ms I M Nordgren - 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.

In the later stages of the financial year and subsequently, the company's ability to generate profits and cash has been severely restricted by the outbreak of the covid-19 pandemic and its associated lockdown rules. The director has considered the working capital requirements of the company for a period of at least twelve months from the date of approval of these financial statements, taking account of the ongoing uncertainties created by the pandemic. In the period before it can recommence activities to the point of generating profits and cash from customers, the company relies on the ongoing support of the director and the government to enable it to continue to operate.

Whilst government support remains limited, the directors have confirmed that they will not withdraw their funds to the detriment of other unsecured creditors and will introduced sufficient additional funds to enable to company to meet overhead costs as they fall due. As a result, the director has considered the company to be a going concern and have produced 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 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2019

and 31 October 2020

2,996

DEPRECIATION

At 1 November 2019

and 31 October 2020

2,996

NET BOOK VALUE

At 31 October 2020

-

At 31 October 2019

-

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.

31.10.20

31.10.19

£

£

Amount due to related party at the balance sheet date

10,009

11,049

Ms A Apsion

Shareholder

Ms Apsion has provided, and continues to provide, finance for working capital by way of an unsecured loan account, for which no terms of interest or repayment have been agreed. The loan is repayable on demand.

31.10.20

31.10.19

£

£

Amount due to related party at the balance sheet date

9,210

7,754