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REGISTERED NUMBER: 01706024 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

MCNEILL'S FINE FOOD AND ROSE INDUSTRIES
LTD

MCNEILL'S FINE FOOD AND ROSE INDUSTRIES
LTD (REGISTERED NUMBER: 01706024)

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


MCNEILL'S FINE FOOD AND ROSE INDUSTRIES
LTD

Company Information
for the year ended 31 March 2024







Directors: Mrs S Webb
Ms J C Green
A J Saunders





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 01706024 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

MCNEILL'S FINE FOOD AND ROSE INDUSTRIES
LTD (REGISTERED NUMBER: 01706024)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £ £ £ £
Fixed assets
Intangible assets 4 - -
Tangible assets 5 123,473 114,069
123,473 114,069

Current assets
Stocks 53,315 30,000
Debtors 6 29,573 84,824
Cash at bank and in hand 763,742 718,177
846,630 833,001
Creditors
Amounts falling due within one year 7 51,536 65,499
Net current assets 795,094 767,502
Total assets less current liabilities 918,567 881,571

Provisions for liabilities 10,727 8,169
Net assets 907,840 873,402

Capital and reserves
Called up share capital 8 20,976 20,976
Share premium 24,224 24,224
Retained earnings 862,640 828,202
Shareholders' funds 907,840 873,402

MCNEILL'S FINE FOOD AND ROSE INDUSTRIES
LTD (REGISTERED NUMBER: 01706024)

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 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.

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 14 January 2025 and were signed on its behalf by:





Mrs S Webb - Director


MCNEILL'S FINE FOOD AND ROSE INDUSTRIES
LTD (REGISTERED NUMBER: 01706024)

Notes to the Financial Statements
for the year ended 31 March 2024


1. Statutory information

McNeill's Fine Food and Rose Industries Ltd 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 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 20% on cost
Plant and machinery etc - 33% on cost and 15% 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 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 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.

MCNEILL'S FINE FOOD AND ROSE INDUSTRIES
LTD (REGISTERED NUMBER: 01706024)

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.

Going concern
The directors have made an assessment of the company's ability to continue as a going concern and have identified no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going concern for the foreseeable future.

3. Employees and directors

The average number of employees during the year was 14 (2023 - 6 ) .

4. Intangible fixed assets
Other
intangible
assets
£
Cost
At 1 April 2023
and 31 March 2024 58,488
Amortisation
At 1 April 2023
and 31 March 2024 58,488
Net book value
At 31 March 2024 -
At 31 March 2023 -

MCNEILL'S FINE FOOD AND ROSE INDUSTRIES
LTD (REGISTERED NUMBER: 01706024)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


5. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£ £ £
Cost
At 1 April 2023 95,251 144,340 239,591
Additions - 17,167 17,167
At 31 March 2024 95,251 161,507 256,758
Depreciation
At 1 April 2023 20,081 105,441 125,522
Charge for year - 7,763 7,763
At 31 March 2024 20,081 113,204 133,285
Net book value
At 31 March 2024 75,170 48,303 123,473
At 31 March 2023 75,170 38,899 114,069

6. Debtors: amounts falling due within one year
31/3/24 31/3/23
£ £
Trade debtors 20,260 69,616
Other debtors 9,313 15,208
29,573 84,824

7. Creditors: amounts falling due within one year
31/3/24 31/3/23
£ £
Trade creditors 9,351 36,268
Taxation and social security 32,432 20,167
Other creditors 9,753 9,064
51,536 65,499

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £ £
20,976 Ordinary Shares £1 20,976 20,976

9. Ultimate controlling party

The company is controlled by Sue Webb.