ROSANNA SUPPORTED ACCOMMODATION CIC

Company limited by guarantee

Company Registration Number:
14294922 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

ROSANNA SUPPORTED ACCOMMODATION CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ROSANNA SUPPORTED ACCOMMODATION CIC

Directors' report period ended 31 August 2024

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

Principal activities of the company

The company's principal activity during the year continued to be the provision of supported care accommodation for people in need.

Political and charitable donations

There were no political or third-party donations during the period.



Directors

The director shown below has held office during the whole of the period from
1 September 2023 to 31 August 2024

Wajahat-Ul-Hasnain NAEEM


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 June 2025

And signed on behalf of the board by:
Name: Wajahat-Ul-Hasnain NAEEM
Status: Director

ROSANNA SUPPORTED ACCOMMODATION CIC

Balance sheet

As at 31 August 2024

Notes 2024 13 months to 31 August 2023


£

£
Fixed assets
Tangible assets: 3 679 893
Total fixed assets: 679 893
Current assets
Debtors: 4 14,500 0
Cash at bank and in hand: 185 157
Total current assets: 14,685 157
Creditors: amounts falling due within one year: 5 ( 13,531 ) ( 11,330 )
Net current assets (liabilities): 1,154 (11,173)
Total assets less current liabilities: 1,833 ( 10,280)
Total net assets (liabilities): 1,833 (10,280)
Members' funds
Profit and loss account: 1,833 ( 10,280)
Total members' funds: 1,833 (10,280)

The notes form part of these financial statements

ROSANNA SUPPORTED ACCOMMODATION CIC

Balance sheet statements

For the year ending 31 August 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.

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

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 4 June 2025
and signed on behalf of the board by:

Name: Wajahat-Ul-Hasnain NAEEM
Status: Director

The notes form part of these financial statements

ROSANNA SUPPORTED ACCOMMODATION CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows Freehold Building Over 50 Years Leasehold Land and Buildings Over the lease term Plant and Machinery Over 5 Years Fixtures, fittings, tools and equipment Over 5 Years

    Other accounting policies

    Debtors: Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors; Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation: A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

ROSANNA SUPPORTED ACCOMMODATION CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 13 months to 31 August 2023
    Average number of employees during the period 0 0

ROSANNA SUPPORTED ACCOMMODATION CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 1,070 1,070
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 1,070 1,070
Depreciation
At 1 September 2023 177 177
Charge for year 214 214
On disposals
Other adjustments
At 31 August 2024 391 391
Net book value
At 31 August 2024 679 679
At 31 August 2023 893 893

ROSANNA SUPPORTED ACCOMMODATION CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 13 months to 31 August 2023
£ £
Other debtors 14,500 0
Total 14,500 0

ROSANNA SUPPORTED ACCOMMODATION CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 13 months to 31 August 2023
£ £
Taxation and social security 671 0
Other creditors 12,860 11,330
Total 13,531 11,330

ROSANNA SUPPORTED ACCOMMODATION CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Loans to directors

Name of director receiving advance or credit: Wajahat-Ul-Hasnain NAEEM
Description of the transaction:
[Loan 1] - 2.25% Interest
£
Balance at 31 August 2023
Advances or credits made: 14,500
Advances or credits repaid:
Balance at 31 August 2024 14,500

COMMUNITY INTEREST ANNUAL REPORT

ROSANNA SUPPORTED ACCOMMODATION CIC

Company Number: 14294922 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

We receive income from those donating towards supporting children in care to receive support with employment, education and others. Other tasks being supported like with universal credit and managing a tenancy agreement. Then, paying other companies to host such workshops and mentoring for these children.

Consultation with stakeholders

Stakeholders have been those who have invested, provided discount housing and those receiving the financial benefits. All stakeholders have been consulted on a monthly basis and their progress and agreed actions have been recorded by director.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 June 2025

And signed on behalf of the board by:
Name: Wajahat-Ul-Hasnain NAEEM
Status: Director