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Company No: 14020530 (England and Wales)

CAROLINE ROSE LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 01 MAY 2023 TO 31 JULY 2024
PAGES FOR FILING WITH THE REGISTRAR

CAROLINE ROSE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 01 MAY 2023 TO 31 JULY 2024

Contents

CAROLINE ROSE LTD

COMPANY INFORMATION

FOR THE FINANCIAL PERIOD FROM 01 MAY 2023 TO 31 JULY 2024
CAROLINE ROSE LTD

COMPANY INFORMATION (continued)

FOR THE FINANCIAL PERIOD FROM 01 MAY 2023 TO 31 JULY 2024
DIRECTORS Craig Daniel Siddall
Caroline Rose Siddall
REGISTERED OFFICE 302 Brandlesholme Road
Bury
BL8 1ER
United Kingdom
COMPANY NUMBER 14020530 (England and Wales)
CHARTERED ACCOUNTANTS PM+M Solutions for Business LLP
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
BB1 5QB
CAROLINE ROSE LTD

BALANCE SHEET

AS AT 31 JULY 2024
CAROLINE ROSE LTD

BALANCE SHEET (continued)

AS AT 31 JULY 2024
Note 31.07.2024 30.04.2023
£ £
Fixed assets
Tangible assets 3 0 2,750
0 2,750
Current assets
Stocks 0 4,000
Debtors 4 0 424
Cash at bank and in hand 0 4,223
0 8,647
Creditors: amounts falling due within one year 5 ( 4,762) ( 6,516)
Net current (liabilities)/assets (4,762) 2,131
Total assets less current liabilities (4,762) 4,881
Provision for liabilities 0 ( 688)
Net (liabilities)/assets ( 4,762) 4,193
Capital and reserves
Called-up share capital 6 2 2
Profit and loss account ( 4,764 ) 4,191
Total shareholders' (deficit)/funds ( 4,762) 4,193

For the financial period ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Caroline Rose Ltd (registered number: 14020530) were approved and authorised for issue by the Board of Directors on 24 April 2025. They were signed on its behalf by:

Caroline Rose Siddall
Director
CAROLINE ROSE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 01 MAY 2023 TO 31 JULY 2024
CAROLINE ROSE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 01 MAY 2023 TO 31 JULY 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Caroline Rose Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 302 Brandlesholme Road, Bury, BL8 1ER, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

In 2024 the directors made the decision that the company would cease trading. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the company's assets have been written down to their net realisable value.

Reporting period length

The financial statements are presented for a period longer than one year due to being the company's final trading period. As such, amounts presented in the financial statements (including the related notes) are not entirely comparable.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 4 years straight line
25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

Period from
01.05.2023 to
31.07.2024
Period from
01.04.2022 to
30.04.2023
Number Number
Monthly average number of persons employed by the Company during the period, including directors 2 2

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 May 2023 3,208 3,208
Additions 137 137
Disposals ( 3,345) ( 3,345)
At 31 July 2024 0 0
Accumulated depreciation
At 01 May 2023 458 458
Charge for the financial period 882 882
Disposals ( 1,340) ( 1,340)
At 31 July 2024 0 0
Net book value
At 31 July 2024 0 0
At 30 April 2023 2,750 2,750

4. Debtors

31.07.2024 30.04.2023
£ £
Other debtors 0 424

5. Creditors: amounts falling due within one year

31.07.2024 30.04.2023
£ £
Trade creditors 0 2,236
Taxation and social security 0 1,731
Other creditors 4,762 2,549
4,762 6,516

6. Called-up share capital

31.07.2024 30.04.2023
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2