REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 |
FOR |
ROSEN METHOD TRAINING AND THERAPY LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 |
FOR |
ROSEN METHOD TRAINING AND THERAPY LTD |
ROSEN METHOD TRAINING AND THERAPY LTD (REGISTERED NUMBER: 05824788) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2023 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
ROSEN METHOD TRAINING AND THERAPY LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 OCTOBER 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
6 Manor Park Business Centre |
Mackenzie Way |
Cheltenham |
Gloucestershire |
GL51 9TX |
ROSEN METHOD TRAINING AND THERAPY LTD (REGISTERED NUMBER: 05824788) |
ABRIDGED STATEMENT OF FINANCIAL POSITION |
31 OCTOBER 2023 |
31.10.23 | 31.10.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
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 |
ROSEN METHOD TRAINING AND THERAPY LTD (REGISTERED NUMBER: 05824788) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2023 |
1. | STATUTORY INFORMATION |
Rosen Method Training And Therapy Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The directors have considered the working capital requirements of the company for a period of at least twelve months from the date of approval of these financial statements, taking account of the ongoing uncertainties. In the period before it can recommence activities to the point of generating profits and cash from customers, the company relies on the ongoing support of the director to enable it to continue to operate. |
The directors have confirmed that they will not withdraw their funds to the detriment of other unsecured creditors and will introduce sufficient additional funds to enable the company to meet overhead costs as they fall due. As a result, the directors have considered the company to be a going concern and have produced the financial statements on that basis. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Fixtures and fittings | - |
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 statement of financial position date. |
ROSEN METHOD TRAINING AND THERAPY LTD (REGISTERED NUMBER: 05824788) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 OCTOBER 2023 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 November 2022 |
and 31 October 2023 |
DEPRECIATION |
At 1 November 2022 |
and 31 October 2023 |
NET BOOK VALUE |
At 31 October 2023 |
At 31 October 2022 |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.10.23 | 31.10.22 |
value: | £ | £ |
NIL | Ordinary | £1 | - | 100 |
Ordinary A | £1 | 34 | - |
Ordinary B | £1 | 32 | - |
Ordinary C | £1 | 34 | - |
100 | 100 |
ROSEN METHOD TRAINING AND THERAPY LTD (REGISTERED NUMBER: 05824788) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 OCTOBER 2023 |
6. | RELATED PARTY DISCLOSURES |
Ms I M Nordgren |
Director and shareholder |
The director has provided, and continues to provide, finance for working capital by way of an unsecured director's loan account, for which no terms of interest or repayment have been agreed. The loan is repayable on demand. |
31.10.23 | 31.10.22 |
£ | £ |
Amount due to related party at the balance sheet date | 10,841 | 10,529 |
Ms A Apsion |
Shareholder |
Ms Apsion has provided, and continues to provide, finance for working capital by way of an unsecured loan account, for which no terms of interest or repayment have been agreed. The loan is repayable on demand. |
31.10.23 | 31.10.22 |
£ | £ |
Amount due to related party at the balance sheet date | 5,042 | 4,730 |
Mrs L E Hindle |
Director |
The director has provided and continues to provide, finance for working capital by way of an unsecured director's loan account, for which no terms of interest or repayment have been agreed. The loan is repayable on demand. |
31.10.23 | 31.10.22 |
£ | £ |
Amount due to related party at the balance sheet date | 5,000 | 15,000 |