Silverfin false false 31/07/2024 01/08/2023 31/07/2024 R Bracher 27/07/2015 R Shamsolahi 27/07/2015 28 August 2024 The principal activity of the company during the financial year was the rental of property. 09704830 2024-07-31 09704830 bus:Director1 2024-07-31 09704830 bus:Director2 2024-07-31 09704830 2023-07-31 09704830 core:CurrentFinancialInstruments 2024-07-31 09704830 core:CurrentFinancialInstruments 2023-07-31 09704830 core:Non-currentFinancialInstruments 2024-07-31 09704830 core:Non-currentFinancialInstruments 2023-07-31 09704830 core:ShareCapital 2024-07-31 09704830 core:ShareCapital 2023-07-31 09704830 core:RetainedEarningsAccumulatedLosses 2024-07-31 09704830 core:RetainedEarningsAccumulatedLosses 2023-07-31 09704830 core:CurrentFinancialInstruments core:Secured 2024-07-31 09704830 core:MoreThanFiveYears 2024-07-31 09704830 core:MoreThanFiveYears 2023-07-31 09704830 bus:OrdinaryShareClass1 2024-07-31 09704830 2023-08-01 2024-07-31 09704830 bus:FilletedAccounts 2023-08-01 2024-07-31 09704830 bus:SmallEntities 2023-08-01 2024-07-31 09704830 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 09704830 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09704830 bus:Director1 2023-08-01 2024-07-31 09704830 bus:Director2 2023-08-01 2024-07-31 09704830 2022-08-01 2023-07-31 09704830 core:CurrentFinancialInstruments 2023-08-01 2024-07-31 09704830 core:Non-currentFinancialInstruments 2023-08-01 2024-07-31 09704830 core:MoreThanFiveYears 2023-08-01 2024-07-31 09704830 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 09704830 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09704830 (England and Wales)

ROSIE BRACHER LTD

Unaudited Financial Statements
For the financial year ended 31 July 2024
Pages for filing with the registrar

ROSIE BRACHER LTD

Unaudited Financial Statements

For the financial year ended 31 July 2024

Contents

ROSIE BRACHER LTD

COMPANY INFORMATION

For the financial year ended 31 July 2024
ROSIE BRACHER LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 July 2024
DIRECTORS R Bracher
R Shamsolahi
REGISTERED OFFICE 90-91 Boutport Street
Barnstaple
EX31 1SX
United Kingdom
COMPANY NUMBER 09704830 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon EX2 7XE
ROSIE BRACHER LTD

BALANCE SHEET

As at 31 July 2024
ROSIE BRACHER LTD

BALANCE SHEET (continued)

As at 31 July 2024
Note 2024 2023
£ £
Fixed assets
Investment property 3 300,000 287,500
300,000 287,500
Current assets
Debtors 4 143,530 129,296
Cash at bank and in hand 28,710 8,133
172,240 137,429
Creditors: amounts falling due within one year 5 ( 208,182) ( 203,364)
Net current liabilities (35,942) (65,935)
Total assets less current liabilities 264,058 221,565
Creditors: amounts falling due after more than one year 6 ( 90,625) ( 102,042)
Provision for liabilities ( 6,848) ( 2,829)
Net assets 166,585 116,694
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account 166,485 116,594
Total shareholders' funds 166,585 116,694

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Rosie Bracher Ltd (registered number: 09704830) were approved and authorised for issue by the Board of Directors on 28 August 2024. They were signed on its behalf by:

R Shamsolahi
Director
ROSIE BRACHER LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
ROSIE BRACHER LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rosie Bracher Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 90-91 Boutport Street, Barnstaple, EX31 1SX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents rental income receivable which is recognised evenly over the rental period.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Reserves

Included in the profit and loss account is £36,216 (2023: £27,735) that relates to non-distributable reserves. At the year end non-distributable funds totalled £36,216.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Investment property

Investment property
£
Valuation
As at 01 August 2023 287,500
Fair value movement 12,500
As at 31 July 2024 300,000

Valuation

The investment property was valued on 31 July 2024 by a director who is internal to the company.
The basis of this valuation was open market value.
There has been no valuation of investment property by an independent valuer.

4. Debtors

2024 2023
£ £
Other debtors 143,530 129,296

5. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans (secured) 13,400 13,052
Amounts owed to directors 181,062 182,062
Accruals 1,900 1,780
Taxation and social security 9,827 6,470
Other creditors 1,993 0
208,182 203,364

Included in total bank loans at the year end is £13,400 (2023: £13,052) of which the investment property has been pledged as security.

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans (secured) 90,625 102,042

Included in total bank loans at the year end is £90,625 (2023: £102,042) of which the investment property has been pledged as security.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

2024 2023
£ £
Bank loans (secured) 32,678 45,601

Included in total bank loans at the year end is £32,678 (2023: £45,601) of which the investment property has been pledged as security.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100