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REGISTERED NUMBER: 07994081 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2024

for

WHISKY ROSE LIMITED

WHISKY ROSE LIMITED (REGISTERED NUMBER: 07994081)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHISKY ROSE LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: A N Woodger





REGISTERED OFFICE: 1a Parliament Square
Parliament Street
Crediton
Devon
EX17 2AW





REGISTERED NUMBER: 07994081 (England and Wales)





ACCOUNTANTS: Haines Watts
3 Southernhay West
Exeter
Devon
EX1 1JG

WHISKY ROSE LIMITED (REGISTERED NUMBER: 07994081)

Balance Sheet
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,662 2,153

CURRENT ASSETS
Debtors 5 650,143 703,498
Cash at bank 145,812 151,782
795,955 855,280
CREDITORS
Amounts falling due within one year 6 (31,627 ) (142,298 )
NET CURRENT ASSETS 764,328 712,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

765,990

715,135

PROVISIONS FOR LIABILITIES (416 ) (409 )
NET ASSETS 765,574 714,726

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 765,474 714,626
SHAREHOLDERS' FUNDS 765,574 714,726

WHISKY ROSE LIMITED (REGISTERED NUMBER: 07994081)

Balance Sheet - continued
31 MARCH 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 November 2024 and were signed by:





A N Woodger - Director


WHISKY ROSE LIMITED (REGISTERED NUMBER: 07994081)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024


1. COMPANY INFORMATION

Whisky Rose 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Turnover
Turnover represents amounts chargeable in respect of the sale of goods and services falling within the company's ordinary activities.

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
Computer equipment - 25% on cost

Cash and cash equivalents
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

WHISKY ROSE LIMITED (REGISTERED NUMBER: 07994081)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023 742 36,472 37,214
Additions 441 981 1,422
At 31 March 2024 1,183 37,453 38,636
DEPRECIATION
At 1 April 2023 494 34,567 35,061
Charge for year 296 1,617 1,913
At 31 March 2024 790 36,184 36,974
NET BOOK VALUE
At 31 March 2024 393 1,269 1,662
At 31 March 2023 248 1,905 2,153

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,260 33,480
Amounts recoverable on contracts 18,942 31,625
Other debtors 615,174 630,836
Directors' loan accounts 1,808 -
Prepayments 959 7,557
650,143 703,498

WHISKY ROSE LIMITED (REGISTERED NUMBER: 07994081)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 84 75
Tax 25,301 60,502
VAT 4,152 33,549
Directors' loan accounts - 46,177
Accrued expenses 2,090 1,995
31,627 142,298

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
A N Woodger
Balance outstanding at start of year (46,176 ) (52,021 )
Amounts advanced 47,984 5,845
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,808 (46,176 )

8. RELATED PARTY DISCLOSURES

A company in which A N Woodger is a shareholder.

There is an intercompany loan account and at the balance sheet date the amount due from the company was £615,174 (2023 - £630,836). No interest is charged on this loan account.

There is also £19,200 (2023 - £24,000) rent being charged by the same company.