Company Registration No. 10074641 (England and Wales)
Rose & Crown Limited
Unaudited accounts
for the year ended 29 March 2025
Rose & Crown Limited
Unaudited accounts
Contents
Rose & Crown Limited
Company Information
for the year ended 29 March 2025
Company Number
10074641 (England and Wales)
Registered Office
28 Llewellyn Street
Merthyr Tydfil
CF47 8SR
Wales
Accountants
Insight Accountancy
Unit 16, Lamby Way Workshops
Lamby Way
Cardiff
CF3 2EQ
Rose & Crown Limited
Statement of financial position
as at 29 March 2025
Tangible assets
(2,426)
(2,426)
Cash at bank and in hand
2,498
1,684
Creditors: amounts falling due within one year
(75,780)
(65,195)
Net current liabilities
(71,829)
(62,354)
Net liabilities
(74,255)
(64,780)
Called up share capital
1
1
Profit and loss account
(74,256)
(64,781)
Shareholders' funds
(74,255)
(64,780)
For the year ending 29 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 December 2025 and were signed on its behalf by
J O'Brien
Director
Company Registration No. 10074641
Rose & Crown Limited
Notes to the Accounts
for the year ended 29 March 2025
Rose & Crown Limited is a private company, limited by shares, registered in England and Wales, registration number 10074641. The registered office is 28 Llewellyn Street, Merthyr Tydfil, CF47 8SR, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The tax expense for the period comprised current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other
comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Cash and cash equivalents
Cash and cash equivalents comprise cash in hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Short term debtors are measured at transaction 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.
Rose & Crown Limited
Notes to the Accounts
for the year ended 29 March 2025
Short term creditors are measured at transaction 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.
Ordinary shares are classified as equity. Equity instruments are measured at fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
4
Tangible fixed assets
Fixtures & fittings
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
4,145
2,549
Taxes and social security
762
1,843
Other creditors
18,674
19,657
Loans from directors
52,199
41,146
An interest-free loan has been provided by the company to the director, J O'Brien, repayable within 9 months.
7
Transactions with related parties
The directors have provided the company with an interest-free loan, which is repayable on demand. At the balance sheet date the amount due to the directors was £17,178 (2021: £Nil).
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).