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REGISTERED NUMBER: 03468059 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

ROSECROFT CARE LIMITED

ROSECROFT CARE LIMITED (REGISTERED NUMBER: 03468059)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROSECROFT CARE LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2023







DIRECTORS: Mrs P A Martin
Miss L A Martin





REGISTERED OFFICE: c/o MMP Accounting Solutions Ltd
Unit 34 Basepoint
Shearway Business Park
Folkestone
Kent
CT19 4RH





REGISTERED NUMBER: 03468059 (England and Wales)





ACCOUNTANTS: MMP Accounting Solutions Ltd
Unit 34 Basepoint
Shearway Business Park
Folkestone
Kent
CT19 4RH

ROSECROFT CARE LIMITED (REGISTERED NUMBER: 03468059)

BALANCE SHEET
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 200,316 308,680
Investment property 5 620,251 601,367
820,567 910,047

CURRENT ASSETS
Debtors 6 60,483 49,293
Cash at bank 4,437 21,981
64,920 71,274
CREDITORS
Amounts falling due within one year 7 317,098 178,081
NET CURRENT LIABILITIES (252,178 ) (106,807 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

568,389

803,240

CREDITORS
Amounts falling due after more than
one year

8

-

(190,185

)

PROVISIONS FOR LIABILITIES (47,534 ) (1,846 )
NET ASSETS 520,855 611,209

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 520,755 611,109
SHAREHOLDERS' FUNDS 520,855 611,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ROSECROFT CARE LIMITED (REGISTERED NUMBER: 03468059)

BALANCE SHEET - continued
30 November 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:





Mrs P A Martin - Director


ROSECROFT CARE LIMITED (REGISTERED NUMBER: 03468059)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Rosecroft Care Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 16 (2022 - 15 ) .

ROSECROFT CARE LIMITED (REGISTERED NUMBER: 03468059)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 337,201 184,696 521,897
Disposals - (184,176 ) (184,176 )
Reclassification/transfer (137,201 ) - (137,201 )
At 30 November 2023 200,000 520 200,520
DEPRECIATION
At 1 December 2022 48,587 164,630 213,217
Charge for year - 106 106
Eliminated on disposal - (164,532 ) (164,532 )
Charge written back (48,587 ) - (48,587 )
At 30 November 2023 - 204 204
NET BOOK VALUE
At 30 November 2023 200,000 316 200,316
At 30 November 2022 288,614 20,066 308,680

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 677,251
Revaluations 233,000
Reclassification/transfer (290,000 )
At 30 November 2023 620,251
DEPRECIATION
At 1 December 2022 75,884
Charge written back (75,884 )
At 30 November 2023 -
NET BOOK VALUE
At 30 November 2023 620,251
At 30 November 2022 601,367

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2022 387,251
Valuation in 2023 233,000
620,251

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 25,884 16,094
Amounts owed by associates 34,599 33,199
60,483 49,293

ROSECROFT CARE LIMITED (REGISTERED NUMBER: 03468059)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 8,818 10,152
Taxation and social security 58,523 43,725
Other creditors 249,757 124,204
317,098 178,081

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans - 190,185