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REGISTERED NUMBER: SC410722 (Scotland)















Unaudited Financial Statements for the Year Ended 30th November 2023

for

J Ronald Ltd

J Ronald Ltd (Registered number: SC410722)






Contents of the Financial Statements
for the Year Ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J Ronald Ltd

Company Information
for the Year Ended 30th November 2023







DIRECTOR: J B Ronald





SECRETARY: E L Ronald





REGISTERED OFFICE: Innischeroch
Crianlarich
Perthshire
FK20 8QS





REGISTERED NUMBER: SC410722 (Scotland)





ACCOUNTANTS: Stevenson Ferguson & Company Limited
15 Parish Gardens
SYMINGTON
Ayrshire
KA1 5SB

J Ronald Ltd (Registered number: SC410722)

Balance Sheet
30th November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,625 38,000

CURRENT ASSETS
Debtors 5 23,240 47,509
Cash at bank and in hand 135,874 145,094
159,114 192,603
CREDITORS
Amounts falling due within one year 6 123,144 150,436
NET CURRENT ASSETS 35,970 42,167
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,595

80,167

PROVISIONS FOR LIABILITIES 6,268 7,220
NET ASSETS 65,327 72,947

CAPITAL AND RESERVES
Called up share capital 57 57
Retained earnings 65,270 72,890
SHAREHOLDERS' FUNDS 65,327 72,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

J Ronald Ltd (Registered number: SC410722)

Balance Sheet - continued
30th November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th August 2024 and were signed by:





J B Ronald - Director


J Ronald Ltd (Registered number: SC410722)

Notes to the Financial Statements
for the Year Ended 30th November 2023

1. STATUTORY INFORMATION

J Ronald Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

J Ronald Ltd (Registered number: SC410722)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2022 85,711
Additions 9,500
At 30th November 2023 95,211
DEPRECIATION
At 1st December 2022 47,711
Charge for year 11,875
At 30th November 2023 59,586
NET BOOK VALUE
At 30th November 2023 35,625
At 30th November 2022 38,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 21,380 45,649
Other debtors 1,860 1,860
23,240 47,509

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 6,074 27,207
Taxation and social security (2,018 ) 5,621
Other creditors 119,088 117,608
123,144 150,436

7. ULTIMATE CONTROLLING PARTY

The controlling party is J B Ronald.