REGISTERED NUMBER: OC341719 (England and Wales)

Report of the Members and

Financial Statements for the Year Ended 29 September 2024

for

Rosewood Care LLP

Page

General Information

1

Report of the Members

2

Abridged Income Statement

3

Abridged Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Mr Ali Asghar

Mr Mohammad Afzal Ahmad

Mr Varghese Thomas

Mr Mohammed Amjad Ahmad

REGISTERED OFFICE:

Unit 8

Airport Industrial Estate

Diamond Court

Newcastle Upon Tyne

NE3 2EN

REGISTERED NUMBER:

OC341719 (England and Wales)

ACCOUNTANTS:

Flannagans - Hartlepool Office

Chartered Certified Accountants

7 Bankside

The Watermark

Gateshead

Tyne and Wear

NE11 9SY

The members present their report with the financial statements of the LLP for the year ended 29 September 2024.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of

DESIGNATED MEMBERS

The designated members during the year under review were:

Mr Ali Asghar

Mr Mohammad Afzal Ahmad

Mr Varghese Thomas

Mr Mohammed Amjad Ahmad

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £300,653 (2023 - £58,341 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mr Mohammad Afzal Ahmad - Designated member

29 September 2025

GROSS PROFIT

9,000

205,000

Administrative expenses

(300,194

)

358

OPERATING PROFIT

309,194

204,642

Interest payable and similar expenses

8,541

146,301

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

300,653

58,341

FIXED ASSETS

Tangible assets

4

-

3,799,005

CURRENT ASSETS

Debtors

55,778

-

Cash at bank

17,706

29,960

73,484

29,960

CREDITORS

Amounts falling due within one year

-

2,405,668

NET CURRENT ASSETS/(LIABILITIES)

73,484

(2,375,708

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

73,484

1,423,297

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

73,484

1,423,297

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

73,484

1,423,297

Amounts due from members

(55,778

)

-

17,706

1,423,297

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 29 September 2024.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 29 September 2024 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The financial statements were approved by the members of the LLP and authorised for issue on 29 September 2025 and were signed by:

Mr Mohammad Afzal Ahmad - Designated member

1.	STATUTORY INFORMATION

Rosewood Care LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 30 September 2023

4,176,897

Disposals

(4,176,897

)

At 29 September 2024

-

DEPRECIATION

At 30 September 2023

377,892

Eliminated on disposal

(377,892

)

At 29 September 2024

-

NET BOOK VALUE

At 29 September 2024

-

At 29 September 2023

3,799,005

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

'Loans and other debts due to members' (other than members' capital classified as debt) would rank below in relation to other creditors.