ROSETINTED FINANCIAL SERVICES C.I.C.

Company Registration Number:
12292622 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

ROSETINTED FINANCIAL SERVICES C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ROSETINTED FINANCIAL SERVICES C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 15,203 31,893
Cost of sales: ( 4,683 ) ( 616 )
Gross profit(or loss): 10,520 31,277
Administrative expenses: ( 92,928 ) ( 48,541 )
Other operating income: 61,913 26,848
Operating profit(or loss): (20,495) 9,584
Interest payable and similar charges: ( 721 ) ( 104 )
Profit(or loss) before tax: (21,216) 9,480
Tax: ( 2,004 )
Profit(or loss) for the financial year: (23,220) 9,480

ROSETINTED FINANCIAL SERVICES C.I.C.

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,599 3,080
Total fixed assets: 1,599 3,080
Current assets
Debtors: 4 50 6,693
Cash at bank and in hand: 199 917
Total current assets: 249 7,610
Creditors: amounts falling due within one year: 5 ( 18,074 ) ( 3,645 )
Net current assets (liabilities): (17,825) 3,965
Total assets less current liabilities: (16,226) 7,045
Total net assets (liabilities): (16,226) 7,045
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (16,227 ) 7,044
Total Shareholders' funds: ( 16,226 ) 7,045

The notes form part of these financial statements

ROSETINTED FINANCIAL SERVICES C.I.C.

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 11 September 2024
and signed on behalf of the board by:

Name: Ebony Walters
Status: Director

The notes form part of these financial statements

ROSETINTED FINANCIAL SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Assets are written off over their useful life based on the following rates: Computer Equipment 33.33% Fixtures & Fittings 20% Plant & Equipment 20%

ROSETINTED FINANCIAL SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 0

ROSETINTED FINANCIAL SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 819 1,784 2,880 5,483
Additions
Disposals
Revaluations
Transfers
At 31 October 2023 819 1,784 2,880 5,483
Depreciation
At 1 November 2022 437 46 1,920 2,403
Charge for year 164 357 960 1,481
On disposals
Other adjustments
At 31 October 2023 601 403 2,880 3,884
Net book value
At 31 October 2023 218 1,381 0 1,599
At 31 October 2022 382 1,738 960 3,080

ROSETINTED FINANCIAL SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors

2023 2022
£ £
Trade debtors 50 50
Other debtors 6,643
Total 50 6,693

ROSETINTED FINANCIAL SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 4,142
Taxation and social security 3,701
Accruals and deferred income 7,173
Other creditors 3,058 3,645
Total 18,074 3,645

COMMUNITY INTEREST ANNUAL REPORT

ROSETINTED FINANCIAL SERVICES C.I.C.

Company Number: 12292622 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Our activities include one to one sessions to do an income and expenses check; financial resources and tools; group sessions including financial education programs to improve their budgeting skills, spending habits; and creative sessions to promote positive mental health and to encourage clients to socialise with others. We also signpost our clients to other services that we believe will help their overall wellbeing and assist them on their journey to financial freedom. In 2022 we launched an 18-month Women’s Wellbeing project; to empower and educate women focusing on famous inspirational women, past and present. We engaged with over 100 women in the West Midlands, and over 80% reported feeling more positive about their future.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 September 2024

And signed on behalf of the board by:
Name: Ebony Walters
Status: Director