New Rose Limited - Filleted accounts

Registered number

02914163

New Rose Limited

Filleted Accounts

31 August 2025

New Rose Limited
Registered number:		02914163
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		45,957			65,406

Current assets
Stocks		334,953			550,465
Debtors	5	3,639,412			3,884,792
Cash at bank and in hand		65,685			155,322
		4,040,050			4,590,579

Creditors: amounts falling due within one year	6	(558,638)			(1,062,877)

Net current assets			3,481,412			3,527,702

Total assets less current liabilities			3,527,369			3,593,108

Creditors: amounts falling due after more than one year	7		(327,882)			(392,033)

Provisions for liabilities			(6,678)			(6,678)


Net assets			3,192,809			3,194,397

Capital and reserves
Called up share capital			100			100
Profit and loss account			3,192,709			3,194,297

Shareholders' funds			3,192,809			3,194,397

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R L Siglani
Director
Approved by the board on 13 May 2026

New Rose Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	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.

	Tangible fixed assets
	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 buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	15% Reducing balance
	Fixtures, fittings, tools and equipment	15% Reducing Balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2	Going Concern

	The directors have considered the company's financial resources together with its customer base and supply chain.The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements. We have continued to prepare the accounts on a going concern basis and deem this appropriate. We do not consider that a material uncertainty about our coing concern status currently exist in making this assessment we have considered the likely trading conditions for the for the period of 12 months from that date of our approval of these accounts.




3	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			8		8


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 September 2024	103,915		68,573		172,488
	Additions	10,399		-		10,399
	Disposals	(6,278)		(32,989)		(39,267)
	At 31 August 2025	108,036		35,584		143,620

	Depreciation
	At 1 September 2024	95,278		11,804		107,082
	Charge for the year	3,004		5,338		8,342
	On disposals	(5,957)		(11,804)		(17,761)
	At 31 August 2025	92,325		5,338		97,663

	Net book value
	At 31 August 2025	15,711		30,246		45,957
	At 31 August 2024	8,637		56,769		65,406


5	Debtors			2025		2024
£					£

	Trade debtors			586,335		685,767
	Amounts owed by assocuated companies			2,465,000		2,506,000
	Other debtors			588,077		693,025
				3,639,412		3,884,792


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			42,132		103,602
	Trade creditors			382,718		658,613
	Taxation and social security costs			107,913		201,576
	Other creditors			25,875		99,086
				558,638		1,062,877


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			318,731		372,674
	Obligations under finance lease and hire purchase contracts			9,151		19,359
				327,882		392,033


8	Loans			2025		2024
£					£
	Creditors include:

	Secured bank loans			360,863		476,276

	Bank loans are secured by fixed and floating charge over the company's assests and director's personal gurantee. Directors' loan account was overdrawn during the year but was repaid at year end date and credit balance of £20255 included in other creditors.It is undated, unsecured, interest free and repayable on demand.


9	Contingent liabilities

	Contingent Liabilities at 31 August 2024 for Documentry credits entered by the company was 157,206 (2023-119,793)


10	Related party transactions

	Amounts due from associated companies is included in other debtors and are undated, unsecured, interest free and repayable on demand. Directors have material interest in these companies.


11	Other information

	New Rose Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 49 Bridge Trading Estate
	Bridge Street North
	Smethwick
	B66 2BZ