ROSE OF SHARON INNOVATIONS LIMITED

Company Registration Number:
06626715 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

ROSE OF SHARON INNOVATIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ROSE OF SHARON INNOVATIONS LIMITED

Company Information

for the Period Ended 31 May 2024




Director: DR GODWIN ERAPI
Registered office: 16
Mabel's Brow
Farnworth
Bolton
BL4 8BN
Company Registration Number: 06626715 (England and Wales)

ROSE OF SHARON INNOVATIONS LIMITED

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

The principal activity of the company continued to be that of manufacture of lifting and handling equipment, manufacture of other special- purpose machinery not elsewhere classified, and provision of IT Data Analytics Services

Political and charitable donations

The company made £0.00 charitable donations during the period.

Company policy on the employment of disabled persons

The company policy is to employ disabled people whenever practical. No full-time member of staff is registered disable.

Additional information

None

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
DR GODWIN ERAPI

This report was approved by the board of directors on 20 June 2024
And Signed On Behalf Of The Board By:

Name: DR GODWIN ERAPI
Status: Director

ROSE OF SHARON INNOVATIONS LIMITED

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 0 0
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 18,658 ) ( 15,154 )
Operating Profit or (Loss) ( 18,658 ) ( 15,154 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 18,658 ) ( 15,154 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 18,658 ) ( 15,154 )

The notes form part of these financial statements

ROSE OF SHARON INNOVATIONS LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 5,000 5,000
Total fixed assets: 5,000 5,000
Current assets
Stocks: 0 0
Debtors: 0 0
Cash at bank and in hand: 1,565 700
Total current assets: 1,565 700
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 18,657 ) ( 15,153 )
Net current assets (liabilities): ( 17,092 ) ( 14,453 )
Total assets less current liabilities: ( 12,092 ) ( 9,453 )
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Total net assets (liabilities): ( 12,092 ) ( 9,453 )

The notes form part of these financial statements

ROSE OF SHARON INNOVATIONS LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 6 0 0
Profit and loss account: ( 12,093 ) ( 9,454 )
Shareholders funds: ( 12,092 ) ( 9,453 )

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 June 2024
And Signed On Behalf Of The Board By:

Name: DR GODWIN ERAPI
Status: Director

The notes form part of these financial statements

ROSE OF SHARON INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ROSE OF SHARON INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

ROSE OF SHARON INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

ROSE OF SHARON INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 June 2023 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 May 2024 0
    Amortisation
    Amortisation at 01 June 2023 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 May 2024 0
    Net book value
    Net book value at 31 May 2024 0
    Net book value at 31 May 2023 0

    None

ROSE OF SHARON INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Tangible Assets

Total
Cost £
At 01 June 2023 5,000
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 May 2024 5,000
Depreciation
At 01 June 2023 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 31 May 2024 0
Net book value
At 31 May 2024 5,000
At 31 May 2023 5,000

None

ROSE OF SHARON INNOVATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Revaluation reserve


2024
£
Balance at 01 June 2023 0
Surplus or deficit after revaluation 0
Balance at 31 May 2024 0