Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09901072 Mr Kirpa Chana true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09901072 2022-12-31 09901072 2023-12-31 09901072 2023-01-01 2023-12-31 09901072 frs-core:CurrentFinancialInstruments 2023-12-31 09901072 frs-core:ComputerEquipment 2023-12-31 09901072 frs-core:ComputerEquipment 2023-01-01 2023-12-31 09901072 frs-core:ComputerEquipment 2022-12-31 09901072 frs-core:PlantMachinery 2023-12-31 09901072 frs-core:PlantMachinery 2023-01-01 2023-12-31 09901072 frs-core:PlantMachinery 2022-12-31 09901072 frs-core:ShareCapital 2023-12-31 09901072 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09901072 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09901072 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09901072 frs-bus:SmallEntities 2023-01-01 2023-12-31 09901072 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09901072 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09901072 1 2023-01-01 2023-12-31 09901072 frs-bus:Director1 2023-01-01 2023-12-31 09901072 frs-countries:EnglandWales 2023-01-01 2023-12-31 09901072 2021-12-31 09901072 2022-12-31 09901072 2022-01-01 2022-12-31 09901072 frs-core:CurrentFinancialInstruments 2022-12-31 09901072 frs-core:ShareCapital 2022-12-31 09901072 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09901072
Rosewood Group Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09901072
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,272 24,696
16,272 24,696
CURRENT ASSETS
Stocks 5 3,000 3,000
Cash at bank and in hand 3,151 4,731
6,151 7,731
Creditors: Amounts Falling Due Within One Year 7 (29,942 ) (37,900 )
NET CURRENT ASSETS (LIABILITIES) (23,791 ) (30,169 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,519 ) (5,473 )
NET LIABILITIES (7,519 ) (5,473 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (7,520 ) (5,474 )
SHAREHOLDERS' FUNDS (7,519) (5,473)
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Kirpa Chana
Director
16 September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rosewood Group Limited Registered number 09901072 is a limited by shares company incorporated in England & Wales. The Registered Office is 55 Lilliput Avenue, Northolt, Middlesex, UB5 5QA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20.0% straight line
Computer Equipment 20.0% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
Sales, marketing and distribution 1 1
2 2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 42,120 550 42,670
As at 31 December 2023 42,120 550 42,670
Depreciation
As at 1 January 2023 17,424 550 17,974
Provided during the period 8,424 - 8,424
As at 31 December 2023 25,848 550 26,398
Net Book Value
As at 31 December 2023 16,272 - 16,272
As at 1 January 2023 24,696 - 24,696
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5. Stocks
2023 2022
£ £
Materials 3,000 3,000
6. Debtors
2023 2022
£ £
Due within one year
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 17,117 15,259
Corporation tax 2,603 911
Net wages 1,495 -
Accruals and deferred income 750 750
Director's loan account 7,977 20,980
29,942 37,900
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
9. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 6,000 15,000
10. Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
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