Company registration number 03829233 (England and Wales)
UNION MILL ROSSENDALE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
UNION MILL ROSSENDALE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
UNION MILL ROSSENDALE LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 1 -
2025
2023
Notes
£
£
£
£
Fixed assets
Investments
3
336,528
Current assets
Debtors
4
14,966
Cash at bank and in hand
12,616
89,047
12,616
104,013
Creditors: amounts falling due within one year
5
(11,529)
(335,448)
Net current assets/(liabilities)
1,087
(231,435)
Net assets
1,087
105,093
Capital and reserves
Called up share capital
6
2
2
Profit and loss reserves
1,085
105,091
Total equity
1,087
105,093
For the financial period ended 30 April 2025 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 of its financial statements for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 28 May 2025 and are signed on its behalf by:
Mr I Haworth
Director
Company registration number 03829233 (England and Wales)
UNION MILL ROSSENDALE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2025
- 2 -
1
Accounting policies
Company information
Union Mill Rossendale Limited is a private company limited by shares incorporated in England and Wales. The registered office is Mentor House, Ainsworth Street, Blackburn, Lancashire, BB1 6AY.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Reporting period
These financial statements have been prepared for the sixteen month period ended 30 April 2025. The comparative period financial statements are for the year ended 30 December 2023.
1.3
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Other fixed asset investments are initially recognised at cost and are subsequently revalued and restated at fair value in the financial statements.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2025
2023
Number
Number
Total
2
2
3
Fixed asset investments
2025
2023
£
£
Other investments other than loans
336,528
UNION MILL ROSSENDALE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 APRIL 2025
3
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Investments
£
Cost or valuation
At 31 December 2023
336,528
Disposals
(336,528)
At 30 April 2025
-
Carrying amount
At 30 April 2025
-
At 30 December 2023
336,528
4
Debtors
2025
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
14,966
5
Creditors: amounts falling due within one year
2025
2023
£
£
Other creditors
11,529
335,448
6
Called up share capital
2025
2023
£
£
Ordinary share capital
Issued and fully paid
2 Ordinary shares of £1 each
2
2
7
Directors' transactions
During the period, the company operated a loan account with the directors. At the balance sheet date, the company owed Mr and Mrs Haworth an amount of £10,475 (2023 - £333,808).