Rose Leisure Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07617050 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

ROSE LEISURE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G M Tyrer

REGISTERED OFFICE:

Oakdale House

Cale Lane

Aspull

Wigan

Lancashire

WN2 1HB

REGISTERED NUMBER:

07617050 (England and Wales)

ACCOUNTANTS:

Fairhurst

Chartered Accountants

Douglas Bank House

Wigan Lane

Wigan

Lancashire

WN1 2TB

FIXED ASSETS

Tangible assets

4

8,305

10,381

CURRENT ASSETS

Stocks

4,010

5,299

Debtors

5

3,118

23,155

Cash at bank and in hand

13,323

17,048

20,451

45,502

CREDITORS

Amounts falling due within one year

6

193,889

280,682

NET CURRENT LIABILITIES

(173,438

)

(235,180

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(165,133

)

(224,799

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(165,233

)

(224,899

)

SHAREHOLDERS' FUNDS

(165,133

)

(224,799

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 4 May 2018 and were signed by:

G M Tyrer - Director

1.	STATUTORY INFORMATION

Rose Leisure 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis. This assumes the continued support of both the

directors and associated companies.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents the net invoiced value of goods sold and services supplied excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2016 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

and 31 December 2017

33,208

DEPRECIATION

At 1 January 2017

22,827

Charge for year

2,076

At 31 December 2017

24,903

NET BOOK VALUE

At 31 December 2017

8,305

At 31 December 2016

10,381

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

1,275

6,060

Other debtors

1,843

17,095

3,118

23,155

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

2,985

23,087

Amounts owed to participating interests

162,344

215,566

Taxation and social security

5,154

15,107

Other creditors

23,406

26,922

193,889

280,682

7.	ULTIMATE CONTROLLING PARTY

The controlling party is The company is wholly owned by 8thWonder Holdings Limited.

The ultimate controlling party is G M Tyrer.