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REGISTERED NUMBER: 11987474 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

MY BLUE ROSE LIMITED

MY BLUE ROSE LIMITED (REGISTERED NUMBER: 11987474)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MY BLUE ROSE LIMITED

Company Information
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: Mrs K Desai





REGISTERED OFFICE: Witley Post Office
Petworth Road
Witley
GU8 5LP





REGISTERED NUMBER: 11987474 (England and Wales)





ACCOUNTANTS: Owadally & King
Chartered Certified Accountants
73 Park Lane
Croydon
Surrey
CR0 1JG

MY BLUE ROSE LIMITED (REGISTERED NUMBER: 11987474)

Balance Sheet
31 MAY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 283,051 73,559
Tangible assets 5 176,980 199,136
460,031 272,695

CURRENT ASSETS
Stocks 234,850 196,700
Debtors 6 125,618 274,871
Cash at bank and in hand 45,338 29,653
405,806 501,224
CREDITORS
Amounts falling due within one year 7 633,507 734,502
NET CURRENT LIABILITIES (227,701 ) (233,278 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,330

39,417

CREDITORS
Amounts falling due after more than one
year

8

(108,786

)

-

PROVISIONS FOR LIABILITIES (35,226 ) (37,836 )
NET ASSETS 88,318 1,581

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 88,317 1,580
SHAREHOLDERS' FUNDS 88,318 1,581

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

MY BLUE ROSE LIMITED (REGISTERED NUMBER: 11987474)

Balance Sheet - continued
31 MAY 2024


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 director and authorised for issue on 16 May 2025 and were signed by:





Mrs K Desai - Director


MY BLUE ROSE LIMITED (REGISTERED NUMBER: 11987474)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

My Blue Rose Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten 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.

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 - 20% on cost

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.

MY BLUE ROSE LIMITED (REGISTERED NUMBER: 11987474)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 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.

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 year was 8 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023 105,084
Additions 220,000
At 31 May 2024 325,084
AMORTISATION
At 1 June 2023 31,525
Charge for year 10,508
At 31 May 2024 42,033
NET BOOK VALUE
At 31 May 2024 283,051
At 31 May 2023 73,559

MY BLUE ROSE LIMITED (REGISTERED NUMBER: 11987474)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023 9,517 245,362 254,879
Additions - 37,316 37,316
Disposals - (1,290 ) (1,290 )
At 31 May 2024 9,517 281,388 290,905
DEPRECIATION
At 1 June 2023 5,710 50,033 55,743
Charge for year 1,904 56,278 58,182
At 31 May 2024 7,614 106,311 113,925
NET BOOK VALUE
At 31 May 2024 1,903 175,077 176,980
At 31 May 2023 3,807 195,329 199,136

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 86,753 237,335
Other debtors 38,865 37,536
125,618 274,871

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,202 -
Trade creditors 51,690 6,111
Taxation and social security 19,988 38,948
Other creditors 555,627 689,443
633,507 734,502

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 19,113 -
Other creditors 89,673 -
108,786 -

MY BLUE ROSE LIMITED (REGISTERED NUMBER: 11987474)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024


9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs K Desai.

10. GOING CONCERN

The accounts have been prepared on the going concern basis, on the understanding that the director will support the company in the near future.