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REGISTERED NUMBER: 03984562 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

RED ROSE WINDSCREENS LIMITED

RED ROSE WINDSCREENS LIMITED (REGISTERED NUMBER: 03984562)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

RED ROSE WINDSCREENS LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTORS: P Taylor
Mrs D J Taylor





SECRETARY: P Taylor





REGISTERED OFFICE: Unit 1
Club Street
Bamber Bridge
Preston
Lancashire
PR5 6FN





REGISTERED NUMBER: 03984562 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
Euxton Lane
Euxton
Chorley
Lancashire
PR7 6TB

RED ROSE WINDSCREENS LIMITED (REGISTERED NUMBER: 03984562)

BALANCE SHEET
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 109,051 99,489

CURRENT ASSETS
Stocks 26,078 26,078
Debtors 6 174,941 150,584
Cash at bank and in hand 208,819 184,540
409,838 361,202
CREDITORS
Amounts falling due within one year 7 113,155 92,069
NET CURRENT ASSETS 296,683 269,133
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,734

368,622

CREDITORS
Amounts falling due after more than one
year

8

(10,000

)

(25,000

)

PROVISIONS FOR LIABILITIES (23,996 ) (21,338 )
NET ASSETS 371,738 322,284

CAPITAL AND RESERVES
Called up share capital 669 669
Capital redemption reserve 334 334
Retained earnings 370,735 321,281
SHAREHOLDERS' FUNDS 371,738 322,284

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 directors acknowledge their 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.

RED ROSE WINDSCREENS LIMITED (REGISTERED NUMBER: 03984562)

BALANCE SHEET - continued
31 January 2024


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 Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





P Taylor - Director


RED ROSE WINDSCREENS LIMITED (REGISTERED NUMBER: 03984562)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

Red Rose Windscreens Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

The accounts have been prepared in accordance with the provisions of FRS102 Section 1A small entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year/period and have also been consistently applied within the same accounts.

The financial statements have been prepared under the historical cost convention.

Income recognition
Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them, exclusive of Value Added Tax and Trade Discounts.

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 etc - 25% on cost, 25% on reducing balance and 20% on reducing balance

Stocks
Stocks have been valued at the lower of cost and estimated selling price, less costs to sell. In respect of finished goods, cost included a relevant proportion of overheads according to the stage of manufacture/completion.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.


RED ROSE WINDSCREENS LIMITED (REGISTERED NUMBER: 03984562)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024


3. ACCOUNTING POLICIES - continued
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 provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Pension costs and other post-retirement benefits
Short term employee benefits, including holiday pay, are recognised as an expense in the income statement in the period in which they are incurred.

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the income statement when due.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 170,604
Additions 34,796
Disposals (15,848 )
At 31 January 2024 189,552
DEPRECIATION
At 1 February 2023 71,115
Charge for year 19,105
Eliminated on disposal (9,719 )
At 31 January 2024 80,501
NET BOOK VALUE
At 31 January 2024 109,051
At 31 January 2023 99,489

RED ROSE WINDSCREENS LIMITED (REGISTERED NUMBER: 03984562)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 122,041 97,090
Amounts owed by group undertakings 50,000 50,000
Other debtors 2,900 3,494
174,941 150,584

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 22,058 28,843
Taxation and social security 62,741 45,504
Other creditors 18,356 7,722
113,155 92,069

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 10,000 25,000

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RED ROSE WINDSCREENS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Red Rose Windscreens Limited for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Red Rose Windscreens Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Red Rose Windscreens Limited and state those matters that we have agreed to state to the Board of Directors of Red Rose Windscreens Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Red Rose Windscreens Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Red Rose Windscreens Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Red Rose Windscreens Limited. You consider that Red Rose Windscreens Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Red Rose Windscreens Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
Euxton Lane
Euxton
Chorley
Lancashire
PR7 6TB


17 October 2024