1 July 2022 false No description of principal activity Taxfiler 2023.14 NI048601business:PrivateLimitedCompanyLtd2022-07-012023-06-30 NI0486012022-06-30 NI0486012022-07-012023-06-30 NI048601business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 NI048601business:FilletedAccounts2022-07-012023-06-30 NI0486012023-06-30 NI048601business:Director12022-07-012023-06-30 NI048601business:RegisteredOffice2022-07-012023-06-30 NI0486012022-06-30 NI048601core:WithinOneYear2023-06-30 NI048601core:WithinOneYear2022-06-30 NI048601core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 NI048601core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 NI048601core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 NI048601core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 NI048601core:PreviouslyStatedAmount2023-06-30 NI048601core:PreviouslyStatedAmount2022-06-30 NI048601business:SmallEntities2022-07-012023-06-30 NI048601countries:NorthernIreland2022-07-012023-06-30 NI048601business:OrdinaryShareClass12022-07-012023-06-30 NI048601business:OrdinaryShareClass12021-07-012022-06-30 NI0486012021-07-012022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. NI048601 (Northern Ireland)
Rossim Limited Unaudited accounts for the year ended 30 June 2023
Rossim Limited Unaudited accounts Contents
Page
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Rossim Limited Company Information for the year ended 30 June 2023
Director
Simpson N
Company Number
NI048601 (Northern Ireland)
Registered Office
Unit 1A Boucher Business Studios Glenmachan Place Belfast BT12 6QH Northern Ireland
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Rossim Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
2,205,422 
2,205,822 
Cash at bank and in hand
22,523 
19,676 
2,227,945 
2,225,498 
Creditors: amounts falling due within one year
(24,230)
(24,630)
Net current assets
2,203,715 
2,200,868 
Net assets
2,203,715 
2,200,868 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
2,203,711 
2,200,864 
Shareholders' funds
2,203,715 
2,200,868 
For the year ending 30 June 2023 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 31 October 2023 and were signed on its behalf by
Simpson N Director Company Registration No. NI048601
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Rossim Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Rossim Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI048601. The registered office is Unit 1A Boucher Business Studios, Glenmachan Place, Belfast, BT12 6QH, Northern Ireland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable for goods and services provided, net of trade discounts, value added and similar sales based taxes. Revenue is recognised as follows: - revenue from construction and service activities represents the value of work carried out during the year, excluding amounts not invoiced - revenue from manufacturing activities is recognised when title has passed.
Inventories
Inventories comprise land for development, raw materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their location and condition at the balance sheet date. Inventories are valued at the lower of cost and net realisable value. Cost is calculated using either the weighted average method or the first-in, first out method. Provision is made for obsolete, slow moving or defective items where appropriate.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
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Rossim Limited Notes to the Accounts for the year ended 30 June 2023
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
300 
700 
Other debtors
2,205,122 
2,205,122 
2,205,422 
2,205,822 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
19,175 
19,175 
Accruals
5,055 
5,455 
24,230 
24,630 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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