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REGISTERED NUMBER: 11436070 (England and Wales)




































FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2023

FOR

ROSEWIN HOLDINGS LIMITED

ROSEWIN HOLDINGS LIMITED (REGISTERED NUMBER: 11436070)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROSEWIN HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2023







DIRECTOR: D Monk





REGISTERED OFFICE: 7 Bell Yard
London
WC2A 2JR





REGISTERED NUMBER: 11436070 (England and Wales)





ACCOUNTANTS: Compass Accountants Limited
Chartered Accountants
Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR

ROSEWIN HOLDINGS LIMITED (REGISTERED NUMBER: 11436070)

BALANCE SHEET
31ST OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 81
Investments 6 426,966 972,124
426,966 972,205

CURRENT ASSETS
Stocks 11,225 11,225
Debtors 7 57,348 -
Cash at bank 82,214 29,467
150,787 40,692
CREDITORS
Amounts falling due within one year 8 355,485 685,537
NET CURRENT LIABILITIES (204,698 ) (644,845 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

222,268

327,360

CREDITORS
Amounts falling due after more than one
year

9

10,153

12,987
NET ASSETS 212,115 314,373

CAPITAL AND RESERVES
Called up share capital 10 581,719 581,719
Retained earnings (369,604 ) (267,346 )
SHAREHOLDERS' FUNDS 212,115 314,373

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ROSEWIN HOLDINGS LIMITED (REGISTERED NUMBER: 11436070)

BALANCE SHEET - continued
31ST OCTOBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7th October 2024 and were signed by:





D Monk - Director


ROSEWIN HOLDINGS LIMITED (REGISTERED NUMBER: 11436070)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023


1. STATUTORY INFORMATION

Rosewin Holdings Limited is a private company, limited by shares, registered in England & Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are being amortised evenly over their estimated useful life of 4 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Fixed asset investments
Fixed asset investments consist of alternative investment assets including the following classes of assets:

- Whisky
- Art
- Antiques
- Wine

These assets are capitalised at cost and reviewed annually for impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

ROSEWIN HOLDINGS LIMITED (REGISTERED NUMBER: 11436070)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023


2. ACCOUNTING POLICIES - continued

Basic financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised 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, where 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.

The company's financial assets and liabilities consist of cash and cash equivalents, short term investments, trade and other debtors, trade and other creditor, and accrued expenses. The fair value of these items approximates their carrying value due to their short term value. Unless otherwise noted, the company is not exposed to significant interest, foreign exchange or credit risks arising from these instruments.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st November 2022
and 31st October 2023 6,344
AMORTISATION
At 1st November 2022
and 31st October 2023 6,344
NET BOOK VALUE
At 31st October 2023 -
At 31st October 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st November 2022
and 31st October 2023 1,841 240 2,081
DEPRECIATION
At 1st November 2022 1,760 240 2,000
Charge for year 81 - 81
At 31st October 2023 1,841 240 2,081
NET BOOK VALUE
At 31st October 2023 - - -
At 31st October 2022 81 - 81

ROSEWIN HOLDINGS LIMITED (REGISTERED NUMBER: 11436070)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023


6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st November 2022 972,124
Additions 240,598
Disposals (785,756 )
At 31st October 2023 426,966
NET BOOK VALUE
At 31st October 2023 426,966
At 31st October 2022 972,124

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 57,348 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,833 2,833
Trade creditors 1,954 3,271
Taxation and social security - 2,871
Other creditors 350,698 676,562
355,485 685,537

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 10,153 12,987

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50,000 Ordinary £1 50,000 50,000
531,719 Ordinary investor £1 531,719 531,719
581,719 581,719

Investor shares are non-voting shares. Each share is entitled pari passu to dividend payments or any other distribution, and entitled to participate in a distribution arising from a winding up of the company. Shares are not redeemable in any circumstances.

11. RELATED PARTY DISCLOSURES

The controlling party is D Monk.