Company Registration No. 09841901 (England and Wales)
ROSA MISTICA LTD
Unaudited accounts
for the year ended 31 May 2024
ROSA MISTICA LTD
Unaudited accounts
Contents
ROSA MISTICA LTD
Company Information
for the year ended 31 May 2024
Directors
Sindhu Elizabeth Cherupushpam LAWERANCE
Louis KENNEDY
Company Number
09841901 (England and Wales)
Registered Office
29 ST. DUNSTANS HILL
CHEAM
SUTTON
SM1 2JX
ENGLAND
Accountants
Orb7 Limited
53 Peartree Drive,Farnworth,Bolton,Lanca
Manchester
Bolton
Lancashire
BL4 9RR
ROSA MISTICA LTD
Statement of financial position
as at 31 May 2024
Intangible assets
177,250
177,250
Tangible assets
373,750
375,517
Cash at bank and in hand
1,410
5,062
Creditors: amounts falling due within one year
(77,346)
(44,596)
Net current liabilities
(75,936)
(39,534)
Total assets less current liabilities
475,064
513,233
Creditors: amounts falling due after more than one year
(353,427)
(399,690)
Provisions for liabilities
Other provisions
-
(1,195)
Net assets
121,637
112,348
Called up share capital
100
100
Profit and loss account
121,537
112,248
Shareholders' funds
121,637
112,348
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 January 2025 and were signed on its behalf by
Louis KENNEDY
Director
Company Registration No. 09841901
ROSA MISTICA LTD
Notes to the Accounts
for the year ended 31 May 2024
ROSA MISTICA LTD is a private company, limited by shares, registered in England and Wales, registration number 09841901. The registered office is 29 ST. DUNSTANS HILL, CHEAM, SUTTON, SM1 2JX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
ROSA MISTICA LTD
Notes to the Accounts
for the year ended 31 May 2024
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 June 2023
357,846
36,944
394,790
At 31 May 2024
357,846
36,944
394,790
At 1 June 2023
-
19,273
19,273
Charge for the year
-
1,767
1,767
At 31 May 2024
-
21,040
21,040
At 31 May 2024
357,846
15,904
373,750
At 31 May 2023
357,846
17,671
375,517
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,957
2,847
Taxes and social security
20,395
18,241
Other creditors
53,394
20,758
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
168,200
214,463
Loans from directors
185,227
185,227
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).