Roselynn Interiors Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC526288

Roselynn Interiors Ltd

Filleted Unaudited Abridged Financial Statements

For the year ended

28 February 2026

Roselynn Interiors Ltd

Abridged Financial Statements

Year ended 28 February 2026

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

Roselynn Interiors Ltd

Abridged Statement of Financial Position

28 February 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	35,840	51,538
Investments	6	2,000	2,000
		--------	--------
		37,840	53,538

Current assets

Debtors	45,000	–
Cash at bank and in hand	7,974	6,989
	--------	-------
	52,974	6,989

Creditors: amounts falling due within one year	25,511	45,052
	--------	--------
Net current assets/(liabilities)	27,463	( 38,063)
	--------	--------
Total assets less current liabilities	65,303	15,475

Provisions	( 3,358)	–
	--------	--------
Net assets	61,945	15,475
	--------	--------

Capital and reserves

Called up share capital	300	300
Profit and loss account	61,645	15,175
	--------	--------
Shareholder funds	61,945	15,475
	--------	--------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.

Roselynn Interiors Ltd

Abridged Statement of Financial Position (continued)

28 February 2026

These abridged financial statements were approved by the board of directors and authorised for issue on 19 October 2026 , and are signed on behalf of the board by:

Mr A J A Wilson
Director

Company registration number: SC526288

Roselynn Interiors Ltd

Notes to the Abridged Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is The Mechanics Workshop, New Lanark, Lanark, South Lanarkshire, ML11 9DB.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Office Equipment	-	15% reducing balance
Motor Vehicles	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Tangible assets

	£
Cost
At 1 March 2025	74,008
Disposals	( 35,000)
	--------
At 28 February 2026	39,008
	--------
Depreciation
At 1 March 2025	22,470
Charge for the year	3,794
Disposals	( 23,096)
	--------
At 28 February 2026	3,168
	--------
Carrying amount
At 28 February 2026	35,840
	--------
At 28 February 2025	51,538
	--------

6. Investments

	£
Cost
At 1 March 2025 and 28 February 2026	2,000
	-------
Impairment
At 1 March 2025 and 28 February 2026	–
	-------
Carrying amount
At 28 February 2026	2,000
	-------
At 28 February 2025	2,000
	-------

7. Director's advances, credits and guarantees

The director's loan account was not in debit at any time during the year.

8. Related party transactions

During the year, the company received consultancy fees and a dividend from 6AM Development Limited, an associate company of Roselynn Interiors Limited.