IRIS Accounts Production v24.3.2.46 14972643 director 30.6.23 31.8.24 31.8.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh149726432023-06-29149726432024-08-31149726432023-06-302024-08-31149726432023-06-2914972643ns15:EnglandWales2023-06-302024-08-3114972643ns14:PoundSterling2023-06-302024-08-3114972643ns10:Director12023-06-302024-08-3114972643ns10:PrivateLimitedCompanyLtd2023-06-302024-08-3114972643ns10:SmallEntities2023-06-302024-08-3114972643ns10:AuditExempt-NoAccountantsReport2023-06-302024-08-3114972643ns10:SmallCompaniesRegimeForDirectorsReport2023-06-302024-08-3114972643ns10:SmallCompaniesRegimeForAccounts2023-06-302024-08-3114972643ns10:FullAccounts2023-06-302024-08-311497264312023-06-302024-08-3114972643ns5:CurrentFinancialInstruments2024-08-3114972643ns5:ShareCapital2024-08-3114972643ns5:RetainedEarningsAccumulatedLosses2024-08-3114972643ns10:RegisteredOffice2023-06-302024-08-3114972643ns5:NetGoodwill2023-06-302024-08-3114972643ns5:IntangibleAssetsOtherThanGoodwill2023-06-302024-08-3114972643ns5:ComputerSoftware2023-06-302024-08-3114972643ns5:FurnitureFittings2023-06-302024-08-3114972643ns5:MotorVehicles2023-06-302024-08-3114972643ns5:NetGoodwill2024-08-3114972643ns5:ComputerSoftware2024-08-3114972643ns5:FurnitureFittings2024-08-3114972643ns5:MotorVehicles2024-08-3114972643ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-31149726431ns10:Director12023-06-29149726431ns10:Director12023-06-302024-08-31149726431ns10:Director12024-08-31
REGISTERED NUMBER: 14972643 (England and Wales)














Unaudited Financial Statements

for the Period 30 June 2023 to 31 August 2024

for

Rosehill Furnishings Group Limited

Rosehill Furnishings Group Limited (Registered number: 14972643)






Contents of the Financial Statements
for the Period 30 June 2023 to 31 August 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Rosehill Furnishings Group Limited (Registered number: 14972643)

Balance Sheet
31 August 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 23,600
Tangible assets 5 9,268
32,868

CURRENT ASSETS
Stocks 9,000
Debtors 6 330,315
Cash at bank 2,461
341,776
CREDITORS
Amounts falling due within one year 7 320,215
NET CURRENT ASSETS 21,561
TOTAL ASSETS LESS CURRENT LIABILITIES 54,429

PROVISIONS FOR LIABILITIES 6,817
NET ASSETS 47,612

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 47,611
SHAREHOLDERS' FUNDS 47,612

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 January 2025 and were signed by:





Mr E Brierley - Director


Rosehill Furnishings Group Limited (Registered number: 14972643)

Notes to the Financial Statements
for the Period 30 June 2023 to 31 August 2024

1. STATUTORY INFORMATION

Rosehill Furnishings Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14972643

Registered office: Ropewalks
Newton Street
Macclesfield
Cheshire
SK11 6QZ

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


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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.


Rosehill Furnishings Group Limited (Registered number: 14972643)

Notes to the Financial Statements - continued
for the Period 30 June 2023 to 31 August 2024

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. INTANGIBLE FIXED ASSETS
Computer
Goodwill software Totals
£    £    £   
COST
Additions 7,000 20,000 27,000
At 31 August 2024 7,000 20,000 27,000
AMORTISATION
Amortisation for period 1,400 2,000 3,400
At 31 August 2024 1,400 2,000 3,400
NET BOOK VALUE
At 31 August 2024 5,600 18,000 23,600

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
Additions 9,357 3,000 12,357
At 31 August 2024 9,357 3,000 12,357
DEPRECIATION
Charge for period 2,339 750 3,089
At 31 August 2024 2,339 750 3,089
NET BOOK VALUE
At 31 August 2024 7,018 2,250 9,268

Rosehill Furnishings Group Limited (Registered number: 14972643)

Notes to the Financial Statements - continued
for the Period 30 June 2023 to 31 August 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 330,315

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 14,626
Taxation and social security 49,117
Other creditors 256,472
320,215

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 August 2024:

£   
Mr E Brierley
Balance outstanding at start of period -
Amounts advanced 99,949
Amounts repaid (37,402 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 62,547