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REGISTERED NUMBER: SC759539 (Scotland)




















Roseline Limited

Unaudited Financial Statements

for the Period

20 February 2023 to 29 February 2024






Roseline Limited (Registered number: SC759539)






Contents of the Financial Statements
for the Period 20 February 2023 to 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Roseline Limited

Company Information
for the Period 20 February 2023 to 29 February 2024







DIRECTORS: R Mclaren
Ms A Pullar



REGISTERED OFFICE: 9 Ainslie Place
Edinburgh
United Kingdom
EH3 6AS



REGISTERED NUMBER: SC759539 (Scotland)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
Midlothian
EH3 6AT



BANKERS: Barlcays Bank UK Plc
Edinburgh branch
Leicester
Leicestershire
LE87 2BB

Roseline Limited (Registered number: SC759539)

Balance Sheet
29 February 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 1,510

CURRENT ASSETS
Debtors 5 966,498
Cash at bank and in hand 140,774
1,107,272
CREDITORS
Amounts falling due within one year 6 895,874
NET CURRENT ASSETS 211,398
TOTAL ASSETS LESS CURRENT LIABILITIES 212,908

PROVISIONS FOR LIABILITIES 5,016
NET ASSETS 207,892

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 207,792
207,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 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.

Roseline Limited (Registered number: SC759539)

Balance Sheet - continued
29 February 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 19 November 2024 and were signed on its behalf by:





Ms A Pullar - Director


Roseline Limited (Registered number: SC759539)

Notes to the Financial Statements
for the Period 20 February 2023 to 29 February 2024

1. STATUTORY INFORMATION

Roseline Limited is a private company, limited by shares , registered in Scotland. 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 and revenue recognition
Turnover represents the value of logistics and event management, and custom agent services
provided. Turnover is recognised as services are provided.

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 - 20% on cost

Taxation
Taxation for the period 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 period 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.

Roseline Limited (Registered number: SC759539)

Notes to the Financial Statements - continued
for the Period 20 February 2023 to 29 February 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions
Provisions are recognised where the company has a present obligation as a result of a past event, it is probable that the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,888
At 29 February 2024 1,888
DEPRECIATION
Charge for period 378
At 29 February 2024 378
NET BOOK VALUE
At 29 February 2024 1,510

Roseline Limited (Registered number: SC759539)

Notes to the Financial Statements - continued
for the Period 20 February 2023 to 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 317,305
Other debtors 649,193
966,498

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 346,019
Taxation and social security 138,982
Other creditors 410,873
895,874

7. RELATED PARTY DISCLOSURES

A related person was engaged to perform consultancy services in the period. These have been deducted from the companies taxable profit. The related party will pay income tax on the income earned.

At 28 February 2024 the company had loans due to related entities totalling £43,783. The loans are interest free and repayable on demand.