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REGISTERED NUMBER: 05521847 (England and Wales)















James Ross Consulting International Ltd

Unaudited Financial Statements for the Year Ended 31 December 2023






James Ross Consulting International Ltd (Registered number: 05521847)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


James Ross Consulting International Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: R Collins
T H Bonafe





SECRETARY: R Collins





REGISTERED OFFICE: Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD





REGISTERED NUMBER: 05521847 (England and Wales)





ACCOUNTANTS: Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
James Ross Consulting International Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of James Ross Consulting International Ltd for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of James Ross Consulting International Ltd, as a body, in accordance with the terms of our engagement letter dated 21 June 2021. Our work has been undertaken solely to prepare for your approval the financial statements of James Ross Consulting International Ltd and state those matters that we have agreed to state to the Board of Directors of James Ross Consulting International Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than James Ross Consulting International Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that James Ross Consulting International Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of James Ross Consulting International Ltd. You consider that James Ross Consulting International Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of James Ross Consulting International Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD


Date: .............................................

James Ross Consulting International Ltd (Registered number: 05521847)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 57,148 7,496
Investments 5 101 101
57,249 7,597

CURRENT ASSETS
Debtors 6 408,511 469,423
Cash at bank and in hand 762 762
409,273 470,185
CREDITORS
Amounts falling due within one year 7 345,183 347,370
NET CURRENT ASSETS 64,090 122,815
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,339

130,412

CREDITORS
Amounts falling due after more than one
year

8

(93,967

)

(66,869

)

PROVISIONS FOR LIABILITIES (1,211 ) (1,424 )
NET ASSETS 26,161 62,119

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 26,160 62,118
SHAREHOLDERS' FUNDS 26,161 62,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

James Ross Consulting International Ltd (Registered number: 05521847)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:





R Collins - Director


James Ross Consulting International Ltd (Registered number: 05521847)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

James Ross Consulting International Ltd is a private company, limited by shares , registered in England and Wales. 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.
Computer equipment - 25% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

James Ross Consulting International Ltd (Registered number: 05521847)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023 - 36,888 36,888
Additions 59,736 - 59,736
At 31 December 2023 59,736 36,888 96,624
DEPRECIATION
At 1 January 2023 - 29,392 29,392
Charge for year 8,960 1,124 10,084
At 31 December 2023 8,960 30,516 39,476
NET BOOK VALUE
At 31 December 2023 50,776 6,372 57,148
At 31 December 2022 - 7,496 7,496

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 January 2023
and 31 December 2023 101
NET BOOK VALUE
At 31 December 2023 101
At 31 December 2022 101

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 183,998 233,747
Amounts owed by participating interests 224,513 235,676
408,511 469,423

James Ross Consulting International Ltd (Registered number: 05521847)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 188,858 169,895
Hire purchase contracts 4,566 -
Trade creditors 23,897 35,032
Corporation tax 46,251 88,185
Social security and other taxes 17,900 16,956
VAT 861 8,848
Other creditors - 14,616
Directors' current accounts 49 37
Accruals and deferred income 62,801 13,801
345,183 347,370

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 2-5 years 47,062 66,869
Hire purchase contracts 46,905 -
93,967 66,869

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £103,234 were paid to the directors .

Included in other creditors is an amount due to R Collins, a director. At the year end, the amount owed to R Collins was £49.08 (2022: £36.77). This loan is unsecured, interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ross Collins