Company Registration No. 08332492 (England and Wales)
Roses Country Fayre Ltd
Unaudited accounts
for the year ended 30 April 2024
Roses Country Fayre Ltd
Unaudited accounts
Contents
Roses Country Fayre Ltd
Company Information
for the year ended 30 April 2024
Directors
Barbara Rose
Christopher David Rose
James Rose
Company Number
08332492 (England and Wales)
Accountants
The Practice - Chartered Management Accountants
2 New Street
Ledbury
Herefordshire
HR8 2DX
Roses Country Fayre Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
127,377
99,733
Inventories
180,000
180,000
Cash at bank and in hand
(13,719)
(5,741)
Creditors: amounts falling due within one year
(206,304)
(194,973)
Net current assets
2,796
20,171
Total assets less current liabilities
130,173
119,904
Creditors: amounts falling due after more than one year
(14,941)
(24,021)
Called up share capital
2
2
Profit and loss account
115,230
95,881
Shareholders' funds
115,232
95,883
For the year ending 30 April 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 3 January 2025 and were signed on its behalf by
Christopher David Rose
Director
Company Registration No. 08332492
Roses Country Fayre Ltd
Notes to the Accounts
for the year ended 30 April 2024
Roses Country Fayre Ltd is a private company, limited by shares, registered in England and Wales, registration number 08332492.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation method and rate - Over period of 5 years
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:
Land & buildings
Not Currently Depreciated
Plant & machinery
10% Reducing Balance
Motor vehicles
25%Reducing Balance
Fixtures & fittings
25%Reducing Balance
Computer equipment
25%Reducing Balance
4
Intangible fixed assets
Goodwill
Roses Country Fayre Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
24,119
200,084
12,292
2,464
238,959
Additions
-
39,500
-
-
39,500
At 30 April 2024
24,119
239,584
12,292
2,464
278,459
At 1 May 2023
-
126,772
10,143
2,311
139,226
Charge for the year
-
11,281
537
38
11,856
At 30 April 2024
-
138,053
10,680
2,349
151,082
At 30 April 2024
24,119
101,531
1,612
115
127,377
At 30 April 2023
24,119
73,312
2,149
153
99,733
Amounts falling due within one year
Trade debtors
42,819
40,885
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
13,247
27,356
Trade creditors
177,388
140,810
Taxes and social security
9,751
12,167
Other creditors
4,320
10,638
Loans from directors
-
2,404
8
Creditors: amounts falling due after more than one year
2024
2023
9
Transactions with related parties
Loan From Director - Interest paid at market rates.
- Mr C Rose £2,404 (2022 £29,709)
10
Average number of employees
During the year the average number of employees was 22 (2023: 22).