Company Registration No. 11739447 (England and Wales)
ROSADELA LTD
Unaudited accounts
for the year ended 31 December 2022
ROSADELA LTD
Unaudited accounts
Contents
ROSADELA LTD
Company Information
for the year ended 31 December 2022
Director
Olushina Adelanwa
Company Number
11739447 (England and Wales)
Registered Office
225 Earlsfield Road
London
England
SW18 3DE
Accountants
Brown & Bam Associates
143 Pembury Avenue
Worcester Park
Surrey
County (optional)
KT4 8BX
ROSADELA LTD
Accountants' report
Accountants' report to the director of ROSADELA LTD on the preparation of the unaudited statutory accounts for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
ROSADELA LTD for the year ended
31 December 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ROSADELA LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of ROSADELA LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ROSADELA LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ROSADELA LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of ROSADELA LTD. You consider that ROSADELA 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 accounts of ROSADELA 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 accounts.
Brown & Bam Associates
143 Pembury Avenue
Worcester Park
Surrey
County (optional)
KT4 8BX
30 September 2023
ROSADELA LTD
Statement of financial position
as at 31 December 2022
Tangible assets
1,362
1,706
Cash at bank and in hand
6,590
6,590
Creditors: amounts falling due within one year
(9,608)
(7,407)
Net current (liabilities)/assets
(668)
1,533
Total assets less current liabilities
694
3,239
Creditors: amounts falling due after more than one year
(50,638)
(50,638)
Net liabilities
(49,944)
(47,399)
Called up share capital
1
1
Profit and loss account
(49,945)
(47,400)
Shareholders' funds
(49,944)
(47,399)
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2023 and were signed on its behalf by
Olushina Adelanwa
Director
Company Registration No. 11739447
ROSADELA LTD
Notes to the Accounts
for the year ended 31 December 2022
ROSADELA LTD is a private company, limited by shares, registered in England and Wales, registration number 11739447. The registered office is 225 Earlsfield Road, London, England, SW18 3DE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
20
The board of director(s) has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. For these reasons, the board decides to continue to adopt the going concern basis in preparing the financial statements for the company.
ROSADELA LTD
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
350
2,891
3,241
At 31 December 2022
350
2,891
3,241
At 1 January 2022
95
1,440
1,535
Charge for the year
26
318
344
At 31 December 2022
121
1,758
1,879
At 31 December 2022
229
1,133
1,362
At 31 December 2021
255
1,451
1,706
Amounts falling due within one year
Amounts due from group undertakings etc.
2,024
2,024
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
1,124
1,124
Other creditors
8,484
6,283
7
Creditors: amounts falling due after more than one year
2022
2021
Amounts owed to group undertakings and other participating interests
638
638
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).