2024-05-01 2025-04-30 03362178 Rozen Furniture Limited false 03362178 2024-05-01 2025-04-30 03362178 uk-bus:Director1 2024-05-01 2025-04-30 03362178 uk-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 03362178 uk-bus:SmallEntities 2024-05-01 2025-04-30 03362178 uk-bus:FullAccounts 2024-05-01 2025-04-30 03362178 uk-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 03362178 2024-05-01 03362178 2025-04-30 03362178 2024-04-30 xbrli:pure iso4217:GBP 03362178 2023-05-01 2024-04-30

Company Registration Number : 03362178 (England and Wales)
03362178
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-04-30
false
Rozen Furniture Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-05-01
Rozen Furniture Limited Unaudited filleted financial statements For the year ended 30 April 2025

Rozen Furniture Limited Contents For the year ended 30 April 2025

CONTENTS | PAGE
Company Information | 3
Statement of Financial Position | 4
Notes to the Financial Statements | 5 - 7

Rozen Furniture Limited Company Information For the year ended 30 April 2025

Company registration number |  | 03362178 (England and Wales)
Director |  | Mr William Alan Joslin Pearce
Registered office address |  | Alpha House
|  | 40 Coinagehall Street
|  | Helston
|  | Cornwall
|  | TR13 8EQ
Accountant |  | Kitchen and Brown Accountants Ltd
|  | 40 Coinagehall Street
|  | Helston
|  | Cornwall
|  | TR13 8EQ

Rozen Furniture Limited Statement of Financial Position For the year ended 30 April 2025

|  |  | 2025 |  | 2024
| Notes |  | £ |  | £
Fixed assets |  |  |  |  |
Property, plant and equipment |  |  | 106,802 |  | 118,428
| 5 |  | 106,802 |  | 118,428
Current assets |  |  |  |  |
Inventories |  |  | 142,339 |  | 136,795
Debtors |  |  | 234,296 |  | 195,656
Cash and cash equivalents |  |  | 5,804 |  | 32,302
|  |  | 382,439 |  | 364,753
Current liabilities |  |  |  |  |
Creditors: Amounts falling due within one year |  |  | (241,169) |  | (304,290)
Corporation tax payable |  |  | (25,693) |  | (948)
|  |  | (266,862) |  | (305,238)
Net current assets/(liabilities) |  |  | 115,577 |  | 59,515
Total assets less current liabilities |  |  | 222,379 |  | 177,944
Non-current liabilities |  |  |  |  |
Creditors: Amounts falling due after more than one year |  |  | (289) |  | (18,690)
Provisions for liabilities |  |  | (25,801) |  | (21,800)
Net assets/(liabilities) |  |  | 196,288 |  | 137,454
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Retained earnings |  |  | 196,188 |  | 137,354
Shareholder's funds |  |  | 196,288 |  | 137,454
For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A. The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
For the year 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 in accordance with section 476 of the Companies Act 2006. The director acknowledges their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared 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.
Approved by the Board on 09 February 2026
.............................
Mr William Alan Joslin Pearce (Director)
Company registration number: 03362178

/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */

Balance sheet at 2025-04-30 30 April 2025
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Fixed Assets |  |  |  | 106,802 |  | 118,428
Current Assets |  |  |  | 368,206 |  | 349,108
Cash in Hand/Bank |  |  |  | 5,804 |  | 32,302
Prepayments and accrued income |  |  |  | 14,232 |  | 15,646
Creditors: amounts falling due within one year |  |  |  | (266,862) |  | (305,238)
Net current assets/(liabilities) |  |  |  | 115,577 |  | 59,515
Total assets less current liabilities |  |  |  | 222,379 |  | 177,944
CREDITORS: Amounts falling due more than one year |  |  |  | (289) |  | (18,690)
Provisions for liabilities |  |  |  | (25,801) |  | (21,800)
Net Assets/(liabilities) |  |  |  | 196,288 |  | 137,454
Capital and Reserves |  |  |  | 196,288 |  | 137,454
Called up share capital |  |  |  | 100 |  | 100
Profit and loss account |  |  |  | 196,188 |  | 137,354
SHAREHOLDER'S FUND |  |  |  | 196,288 |  | 137,454
For the year ending 30/04/2025 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. For the year ending 30-04-2025 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 for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 09 February 2026 2026-02-09 and signed on behalf of the board, |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Mr William Alan Joslin Pearce |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
Company registration number: 03362178 |  |  |  |  |  |  |  |  |  |

Rozen Furniture Limited Notes to the Financial Statements For the year ended 30 April 2025

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Alpha House, 40 Coinagehall Street, Helston, Cornwall, TR13 8EQ.
(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.
(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Interest income
Interest income is recognised using the effective interest method.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill recognised at acquisition is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis over its useful life, which is estimated to be Five years from 1 May 2016. Goodwill amortisation is included within administration expenses.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:
Asset class and depreciation rate
Land and Buildings |
Plant and Machinery |
Short Leasehold Properties |
Investment Properties |
Long Leasehold Properties |
Commercial Vehicles |
Fixtures and Fittings | 10% reducing balance
Equipment |
Motor Cars | 20% reducing balance
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases. The company as lessee Assets held under finance leases are initially recognised as assets of the company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in the income statement. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases,the aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis over the lease period.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
(4) Employees
During the year, the average number of employees including director was 15 (2024 : 15).
(5) Fixed assets
| Intangible £ | Tangible £ | Totals £
Cost |  |  |
As at 01 May 2024 | 60,000 | 306,214 | 366,214
Additions | - | 2,550 | 2,550
Disposals | - | (2,966) | (2,966)
As at 30 April 2025 | 60,000 | 305,798 | 365,798
Depreciation/Amortisation |  |  |
As at 01 May 2024 | 60,000 | 187,785 | 247,785
For the year | - | 13,614 | 13,614
Write off on disposals | - | (2,403) | (2,403)
As at 30 April 2025 | 60,000 | 198,996 | 258,996
Net book value |  |  |
As at 30 April 2025 | - | 106,802 | 106,802
As at 30 April 2024 | - | 118,429 | 118,429
(6) Secured Creditors
The following secured debts are included in creditors. The bank loan and overdraft are secured by a fixed charge on certain specific assets and a floating charge over all assets. The hire purchase contracts are secured on the assets to which they relate. Net obligations under finance lease and hire purchase contracts £4,721 (2024: £22,470) Bank loans and overdrafts £28,307 (2024: £38,177)