IRIS Accounts Production v24.3.0.553 13860440 director 1.2.23 31.1.24 31.1.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh138604402023-01-31138604402024-01-31138604402023-02-012024-01-31138604402022-01-19138604402022-01-202023-01-31138604402023-01-3113860440ns15:EnglandWales2023-02-012024-01-3113860440ns14:PoundSterling2023-02-012024-01-3113860440ns10:Director12023-02-012024-01-3113860440ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3113860440ns10:SmallEntities2023-02-012024-01-3113860440ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3113860440ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3113860440ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3113860440ns10:FullAccounts2023-02-012024-01-3113860440ns10:CompanySecretary12023-02-012024-01-3113860440ns10:RegisteredOffice2023-02-012024-01-3113860440ns5:CurrentFinancialInstruments2024-01-3113860440ns5:CurrentFinancialInstruments2023-01-3113860440ns5:Non-currentFinancialInstruments2024-01-3113860440ns5:Non-currentFinancialInstruments2023-01-3113860440ns5:ShareCapital2024-01-3113860440ns5:ShareCapital2023-01-3113860440ns5:RetainedEarningsAccumulatedLosses2024-01-3113860440ns5:RetainedEarningsAccumulatedLosses2023-01-3113860440ns5:PlantMachinery2023-02-012024-01-3113860440ns5:ComputerEquipment2023-02-012024-01-3113860440ns5:LandBuildings2023-01-3113860440ns5:LeaseholdImprovements2023-01-3113860440ns5:PlantMachinery2023-01-3113860440ns5:LandBuildings2023-02-012024-01-3113860440ns5:LeaseholdImprovements2023-02-012024-01-3113860440ns5:LandBuildings2024-01-3113860440ns5:LeaseholdImprovements2024-01-3113860440ns5:PlantMachinery2024-01-3113860440ns5:LandBuildings2023-01-3113860440ns5:LeaseholdImprovements2023-01-3113860440ns5:PlantMachinery2023-01-3113860440ns5:FurnitureFittings2023-01-3113860440ns5:ComputerEquipment2023-01-3113860440ns5:FurnitureFittings2023-02-012024-01-3113860440ns5:FurnitureFittings2024-01-3113860440ns5:ComputerEquipment2024-01-3113860440ns5:FurnitureFittings2023-01-3113860440ns5:ComputerEquipment2023-01-3113860440ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3113860440ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3113860440ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-01-3113860440ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-01-31
REGISTERED NUMBER: 13860440 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Stella Rose Ltd

Stella Rose Ltd (Registered number: 13860440)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stella Rose Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mrs R K Fisher





SECRETARY:





REGISTERED OFFICE: The Old Clock Shop
Hurstpierpoint
West Sussex
BN6 9RG





REGISTERED NUMBER: 13860440 (England and Wales)





ACCOUNTANTS: Michael Finn & Co
Myrtle House
High Street
HENFIELD
West Sussex
BN5 9DA

Stella Rose Ltd (Registered number: 13860440)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,003,049 384,714

CURRENT ASSETS
Debtors 5 287,409 62,649
Cash at bank 8,032 250,607
295,441 313,256
CREDITORS
Amounts falling due within one year 6 40,195 438,853
NET CURRENT ASSETS/(LIABILITIES) 255,246 (125,597 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,258,295

259,117

CREDITORS
Amounts falling due after more than one
year

7

1,323,948

279,183
NET LIABILITIES (65,653 ) (20,066 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (65,753 ) (20,166 )
(65,653 ) (20,066 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 14 October 2024 and were signed by:





Mrs R K Fisher - Director


Stella Rose Ltd (Registered number: 13860440)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Stella Rose Ltd is a private company, limited by shares , registered in England and 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.

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 - 20% on reducing balance
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Stella Rose Ltd (Registered number: 13860440)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 February 2023 369,215 12,581 454
Additions 489,903 129,668 -
At 31 January 2024 859,118 142,249 454
DEPRECIATION
At 1 February 2023 - - 91
Charge for year - - 73
At 31 January 2024 - - 164
NET BOOK VALUE
At 31 January 2024 859,118 142,249 290
At 31 January 2023 369,215 12,581 363

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2023 - 3,832 386,082
Additions 143 - 619,714
At 31 January 2024 143 3,832 1,005,796
DEPRECIATION
At 1 February 2023 - 1,277 1,368
Charge for year 29 1,277 1,379
At 31 January 2024 29 2,554 2,747
NET BOOK VALUE
At 31 January 2024 114 1,278 1,003,049
At 31 January 2023 - 2,555 384,714

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Inter company loan 2,409 2,649
Other loans 285,000 60,000
287,409 62,649

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 3,675 11,151
Credit card 1,792 -
Directors' current accounts 31,908 425,542
Accrued expenses 2,820 2,160
40,195 438,853

Stella Rose Ltd (Registered number: 13860440)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans more 5 yrs non-inst 183,948 179,183
Other loans - 2-5 years 90,000 100,000
Directors' loan accounts 1,050,000 -
1,323,948 279,183

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 183,948 179,183