Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false2022-12-01No description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC120131 2022-12-01 2023-11-30 SC120131 2021-12-01 2022-11-30 SC120131 2023-11-30 SC120131 2022-11-30 SC120131 c:CompanySecretary1 2022-12-01 2023-11-30 SC120131 c:Director1 2022-12-01 2023-11-30 SC120131 c:RegisteredOffice 2022-12-01 2023-11-30 SC120131 d:PlantMachinery 2022-12-01 2023-11-30 SC120131 d:PlantMachinery 2023-11-30 SC120131 d:PlantMachinery 2022-11-30 SC120131 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 SC120131 d:CurrentFinancialInstruments 2023-11-30 SC120131 d:CurrentFinancialInstruments 2022-11-30 SC120131 d:Non-currentFinancialInstruments 2023-11-30 SC120131 d:Non-currentFinancialInstruments 2022-11-30 SC120131 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 SC120131 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 SC120131 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 SC120131 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 SC120131 d:ShareCapital 2023-11-30 SC120131 d:ShareCapital 2022-11-30 SC120131 d:RetainedEarningsAccumulatedLosses 2023-11-30 SC120131 d:RetainedEarningsAccumulatedLosses 2022-11-30 SC120131 c:OrdinaryShareClass1 2022-12-01 2023-11-30 SC120131 c:OrdinaryShareClass1 2023-11-30 SC120131 c:OrdinaryShareClass1 2022-11-30 SC120131 c:FRS102 2022-12-01 2023-11-30 SC120131 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC120131 c:FullAccounts 2022-12-01 2023-11-30 SC120131 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC120131 e:PoundSterling 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC120131










ROSEANGLE FIFTY FOUR LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

 
ROSEANGLE FIFTY FOUR LIMITED
 

COMPANY INFORMATION


Director
Mr D Miln 




Company secretary
Mrs T M Miln



Registered number
SC120131



Registered office
14 City Quay
Dundee

DD1 3JA




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
ROSEANGLE FIFTY FOUR LIMITED
REGISTERED NUMBER: SC120131

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
£
£

Fixed assets
  

Tangible fixed assets
 4 
302
355

  
302
355

Current assets
  

Debtors due within 1 year
 5 
193,414
169,704

Bank & cash balances
  
17,337
12,040

  
210,751
181,744

Creditors: amounts falling due within one year
 6 
(113,550)
(88,218)

Net current assets
  
 
 
97,201
 
 
93,526

Total assets less current liabilities
  
97,503
93,881

Creditors: amounts falling due after more than one year
 7 
(23,241)
(30,022)

  

Net assets
  
74,262
63,859


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
74,162
63,759

  
74,262
63,859


Page 1

 
ROSEANGLE FIFTY FOUR LIMITED
REGISTERED NUMBER: SC120131

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2023

The director considers 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 director acknowledges his 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 on 26 August 2024.




Mr D Miln
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ROSEANGLE FIFTY FOUR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Roseangle Fifty Four Limited is a private company, limited by shares, domiciled in Scotland with registration number SC120131. The registered office is 14 City Quay, Dundee, DD1 3JA and the principal place of business is 1 Hillcrest Road, Bearsden, Glasgow, G61 2EB. 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
ROSEANGLE FIFTY FOUR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant & machinery
-
15%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.7

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.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.


3.


Employees

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

Page 4

 
ROSEANGLE FIFTY FOUR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Tangible fixed assets





Plant & machinery

£



Cost or valuation


At 1 December 2022
2,723



At 30 November 2023

2,723



Depreciation


At 1 December 2022
2,368


Charge for the year on owned assets
53



At 30 November 2023

2,421



Net book value



At 30 November 2023
302



At 30 November 2022
355

Page 5

 
ROSEANGLE FIFTY FOUR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

5.


Debtors

2023
2022
£
£


Other debtors
190,131
166,601

Prepayments and accrued income
3,283
3,103

193,414
169,704



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
5,229
3,632

Bank loans
6,781
4,978

Other taxation and social security
98,290
76,858

Accruals and deferred income
3,250
2,750

113,550
88,218



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
23,241
30,022

23,241
30,022


The aggregate amount of liabilities repayable wholly or in part more than five years after the reporting date is:

2023
2022
£
£


Repayable by instalments
-
1,852

-
1,852



Page 6

 
ROSEANGLE FIFTY FOUR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



Page 7