Raindrops On Roses Trading Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07542859 (England and Wales)

Financial Statements for the Year Ended 31 March 2023

for

Raindrops On Roses Trading Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms A Bainbridge

REGISTERED OFFICE:

First Floor Hart House

6 London Road

St Albans

Hertfordshire

AL1 1NG

REGISTERED NUMBER:

07542859 (England and Wales)

ACCOUNTANTS:

Visionary Accountants

2 Adelaide Street

St Albans

Hertfordshire

AL3 5BH

CURRENT ASSETS

Stocks

75,686

62,013

Debtors

5

8,232

13,242

Cash at bank and in hand

111,624

18,185

195,542

93,440

CREDITORS

Amounts falling due within one year

6

198,650

96,548

NET CURRENT LIABILITIES

(3,108

)

(3,108

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,108

)

(3,108

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(3,109

)

(3,109

)

SHAREHOLDERS' FUNDS

(3,108

)

(3,108

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

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 and authorised for issue on 22 December 2023 and were signed by:

Ms A Bainbridge - Director

1.	STATUTORY INFORMATION

Raindrops On Roses Trading 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.

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.

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2022

and 31 March 2023

25,612

DEPRECIATION

At 1 April 2022

and 31 March 2023

25,612

NET BOOK VALUE

At 31 March 2023

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

-

5,917

Other debtors

8,232

7,325

8,232

13,242

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade creditors

156,088

57,048

Taxation and social security

772

4,185

Other creditors

41,790

35,315

198,650

96,548

7.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Herts Against Cancer which is a charity registered in England no.1137328. It wholly owns Raindrops on Roses Trading Limited via a nominee shareholder arrangement.