Rosegreen Properties Ltd 13343845 false 2022-05-01 2023-04-30 2023-04-30 The principal activity of the company is Buying and selling of own real estate Digita Accounts Production Advanced 6.30.9574.0 true true 13343845 2022-05-01 2023-04-30 13343845 2023-04-30 13343845 core:CurrentFinancialInstruments 2023-04-30 13343845 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 13343845 bus:SmallEntities 2022-05-01 2023-04-30 13343845 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 13343845 bus:FullAccounts 2022-05-01 2023-04-30 13343845 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 13343845 bus:RegisteredOffice 2022-05-01 2023-04-30 13343845 bus:Director1 2022-05-01 2023-04-30 13343845 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 13343845 countries:EnglandWales 2022-05-01 2023-04-30 13343845 2021-04-19 2022-04-30 13343845 2022-04-30 13343845 core:CurrentFinancialInstruments 2022-04-30 13343845 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 13343845

Rosegreen Properties Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2023

 

Rosegreen Properties Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Rosegreen Properties Ltd

(Registration number: 13343845)
Balance Sheet as at 30 April 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

101,252

105,581

Cash at bank and in hand

 

12

7,301

 

101,264

112,882

Creditors: Amounts falling due within one year

5

(68,941)

(74,923)

Net assets

 

32,323

37,959

Capital and reserves

 

Called up share capital

1

1

Retained earnings

32,322

37,958

Shareholders' funds

 

32,323

37,959

For the financial year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 October 2023
 

.........................................
Mrs D Green
Director

 

Rosegreen Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
c/o Thurstons Accountancy Ltd
Suite 207, Business First Centre
Empire Way
Burnley
Lancashire
BB12 6HH
England

These financial statements were authorised for issue by the director on 16 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared in sterling (£) using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants in relation to tangible fixed assets are credited to the profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to the profit and loss.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Rosegreen Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Debtors

Current

2023
£

2022
£

Other debtors

101,252

105,581

 

Rosegreen Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

600

-

Taxation and social security

8,904

8,904

Accruals and deferred income

480

480

Other creditors

58,957

65,539

68,941

74,923