Rosedene Northallerton Limited - Accounts to registrar (filleted) - small 23.2.5
Rosedene Northallerton Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2022 |
| for |
| Rosedene Northallerton Limited |
| Rosedene Northallerton Limited (Registered number: 04215936) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Rosedene Northallerton Limited |
| Company Information |
| for the Year Ended 31 December 2022 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 3 Kingfisher Court |
| Bowesfield Park |
| Stockton on Tees |
| TS18 3EX |
| Rosedene Northallerton Limited (Registered number: 04215936) |
| Balance Sheet |
| 31 December 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Rosedene Northallerton Limited (Registered number: 04215936) |
| Balance Sheet - continued |
| 31 December 2022 |
| 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 |
| Rosedene Northallerton Limited (Registered number: 04215936) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2022 |
| 1. | STATUTORY INFORMATION |
| Rosedene Northallerton Limited is a |
| The financial statements are presented in the pound sterling (£) which is the functional currency of the company and rounded to the nearest £. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company ceased trading on 1 January 2022 when the trade and assets were hived-up to its parent company, Rosedene Nurseries Limited. The financial statements have, therefore, been prepared on a basis other than as a going concern. No significant adjustments arise as a result of preparing these financial statements on this basis. |
| Turnover |
| Turnover represents VAT exempt fees receivable for the provision of nursery services in the period. |
| Tangible fixed assets |
| Freehold property | - |
| Leasehold improvements | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Taxation |
| Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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. |
| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. |
| Debtors and creditors receivable/payable |
| Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses. |
| Impairment |
| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss. |
| Rosedene Northallerton Limited (Registered number: 04215936) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2022 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Leasehold | and | Computer |
| property | improvements | fittings | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 January 2022 |
| Disposals | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 December 2022 |
| DEPRECIATION |
| At 1 January 2022 |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 December 2022 |
| NET BOOK VALUE |
| At 31 December 2022 |
| At 31 December 2021 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Prepayments and accrued income |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade creditors |
| Taxation |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts | - | 97 |
| Accruals and deferred income |
| 7. | PROVISIONS FOR LIABILITIES |
| 2022 | 2021 |
| £ | £ |
| Deferred taxation | - | 5,000 |
| Other provisions | - | 5,000 |
| Rosedene Northallerton Limited (Registered number: 04215936) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2022 |
| 7. | PROVISIONS FOR LIABILITIES - continued |
| Deferred | Other |
| tax | provisions |
| £ | £ |
| Balance at 1 January 2022 |
| Transferred to parent company | (5,000 | ) | (5,000 | ) |
| Balance at 31 December 2022 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2022 | 2021 |
| value: | £ | £ |
| Ordinary | £1 | 550,000 | 550,000 |
| 9. | OTHER FINANCIAL COMMITMENTS |
| The total amount of financial obligations due under operating lease agreements not included within Balance Sheet liabilities as at 31 December 2022 amounted to £Nil (2021: £7,000). |
| 10. | GOVERNMENT GRANTS |
| During the year the company was in receipt of local government support grants, including in respect of the Coronavirus Job Retention Scheme, amounting to £Nil (2021: £2,809). |