6 MARCH 2024 | |||||||||
ROSSETTI BRIDES LIMITED | |||||||||
Registered in England & Wales No. 4544598 | |||||||||
FILLETED FINANCIAL ACCOUNTS | |||||||||
FOR THE PERIOD | |||||||||
1 OCTOBER 2022 TO 30 SEPTEMBER 2023 | |||||||||
ACCOUNTING POLICIES | |||||||||
Accounting convention | |||||||||
Deferred taxation | |||||||||
Provision is made for at the appropriate or current tax rate in respect of any possible liability due to timing differences between recognition of events for taxation and accounting purposes. Recognition of any possible asset due to timing differences as above is only recognised to the extent that recovery is reasonably certain. | |||||||||
Revenue | |||||||||
Revenue represents income in respect of goods or services possession of which has passed to customers in the normal course of activity, and for which those customers have become liable during the period. It is stated net of any tax that is passed on to, or offset against amounts due from, taxing authorities. | |||||||||
FINANCIAL POSITION | |||||||||
As at 30 September | 2023 | 2022 | |||||||
Notes | £ | £ | |||||||
Current assets | |||||||||
Trade and other receivables | 2 | 2,159 | 2,346 | ||||||
Cash and cash equivalents | 3 | ||||||||
23,473 | 37,598 | ||||||||
Current liabilities | |||||||||
Due not later than one year | |||||||||
Trade and other payables | 4 | ( |
( |
||||||
Taxation | 5 | (0) | ( |
||||||
Other financial liabilities | 6 | ( |
( |
||||||
Net current assets | 22,298 | 36,773 | |||||||
Non-current liabilities | |||||||||
Due later than one and not later than five years | 7 | (0) | (700) | ||||||
22,298 | 36,073 | ||||||||
Equity | |||||||||
Share capital | 8 | 1 | 1 | ||||||
Distributable reserves | 22,297 | 36,072 | |||||||
22,298 | 36,073 | ||||||||
The company is registered in England & Wales under no. 4544598 and is subject to the Companies Act 2006 in its various sections. | |||||||||
Approved and authorised for issue by the board on |
|||||||||
J-A Y Sewell | |||||||||
Director | |||||||||
NOTES TO THE FILLETED ACCOUNTS | |||||||||
2023 | 2022 | ||||||||
£ | £ | ||||||||
1 | Accounting Policies | ||||||||
The accounting policies are set out in full in a preceding statement. | |||||||||
2 | Trade and other receivables | ||||||||
Prepayments | 352 | 539 | |||||||
Amounts due from directors | 662 | 662 | |||||||
Amounts due from taxation authorities | 1,145 | 1,145 | |||||||
2,159 | 2,346 | ||||||||
3 | Cash and cash equivalents | ||||||||
Bank deposits at three months or less | 21,037 | 34,304 | |||||||
Bank current account | 277 | 948 | |||||||
21,314 | 35,252 | ||||||||
4 | Current trade and other payables | ||||||||
Accruals | (475) | (675) | |||||||
5 | Current taxation | ||||||||
Taxation collected | 0 | (50) | |||||||
6 | Other financial liabilities due not later than one year | ||||||||
Deferred income | (700) | 0 | |||||||
Other | 0 | (100) | |||||||
(700) | (100) | ||||||||
7 | Liabilities due later than one but not later than five years | ||||||||
Others | 0 | (700) | |||||||
8 | Share capital | ||||||||
The company is a private company limited by share capital | |||||||||
2023 | 2022 | ||||||||
Number | Number | ||||||||
Equity ordinary shares of £1 each | 10,000 | 10,000 | |||||||
Ordinary | |||||||||
Allotted, called up and fully paid | 1 | 1 | 1 | 1 | |||||
9 | Ultimate control | ||||||||
The company is controlled by the director. | |||||||||
10 | Commitments | ||||||||
Capital expenditure | |||||||||
There are no capital commitments. | |||||||||
11 | Related party transactions | ||||||||
Key management personnel | |||||||||
Directors and their relationships | |||||||||
Balances at period end | |||||||||
Amounts due from | |||||||||
Mrs J A Sewell | 662 | 662 | |||||||
Transactions during the period | |||||||||
Remuneration | |||||||||
Dividends | |||||||||
Directors | 10,000 | 10,000 | |||||||
Remuneration of family members | 3,900 | 3,900 | |||||||
12 | Activity | ||||||||
The principal activity continues to be that of retailing bridal wear. | |||||||||
13 | Employees (including directors) | ||||||||
2023 | 2022 | ||||||||
Average during the period | Number | Number | |||||||
ADMINISTRATION AND ADVISERS | |||||||||
Bankers | Santander UK PLC | ||||||||
Accountants | Cramptons 25A St Matthews Road Torquay TQ2 6JA |
||||||||
Office | Greenbank Stoke Road Maidencombe Torquay TQ1 4TQ |