Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-302022-10-01true2true2falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12231623 2022-10-01 2023-09-30 12231623 2021-10-01 2022-09-30 12231623 2023-09-30 12231623 2022-09-30 12231623 c:Director2 2022-10-01 2023-09-30 12231623 d:CurrentFinancialInstruments 2023-09-30 12231623 d:CurrentFinancialInstruments 2022-09-30 12231623 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12231623 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 12231623 d:ShareCapital 2023-09-30 12231623 d:ShareCapital 2022-09-30 12231623 d:SharePremium 2023-09-30 12231623 d:SharePremium 2022-09-30 12231623 d:RetainedEarningsAccumulatedLosses 2023-09-30 12231623 d:RetainedEarningsAccumulatedLosses 2022-09-30 12231623 c:FRS102 2022-10-01 2023-09-30 12231623 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 12231623 c:FullAccounts 2022-10-01 2023-09-30 12231623 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 12231623 6 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure

Registered number: 12231623










ROSESTONE INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
ROSESTONE INVESTMENTS LIMITED
REGISTERED NUMBER: 12231623

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 5 
3,184,200
3,184,200

Current assets
  

Cash at bank and in hand
  
215,707
199,956

  
215,707
199,956

Creditors: amounts falling due within one year
 6 
(1,471,482)
(1,546,482)

Net current liabilities
  
 
 
(1,255,775)
 
 
(1,346,526)

Total assets less current liabilities
  
1,928,425
1,837,674

  

Net assets
  
1,928,425
1,837,674


Capital and reserves
  

Called up share capital 
  
34,600
34,600

Share premium account
  
1,878,128
1,878,128

Profit and loss account
  
15,697
(75,054)

  
1,928,425
1,837,674


Page 1

 
ROSESTONE INVESTMENTS LIMITED
REGISTERED NUMBER: 12231623
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr J Fletcher
Director

Date: 25 November 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
ROSESTONE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Rosestone Investments Limited is a private company limited by shares incorporated in England and Wales in the United Kingdom. The company's registered office address is Victoria Court, 17-21 Ashford Road, Maidstone, Kent ME14 5DA.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The directors have assessed that there are no significant doubts in the company's ability to continue as a going concern.
As a result, the financial statements have been prepared on a going concern basis. 

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
ROSESTONE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

No significant judgements have been made by management in preparing these financial statements.


4.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2022
3,184,200



At 30 September 2023
3,184,200




Page 4

 
ROSESTONE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
1,471,482
1,546,482

1,471,482
1,546,482


Page 5