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Company Registration No. 07490007 (England and Wales)
ROSS SMITHER SEALANTS LTD Unaudited accounts for the year ended 31 March 2024
ROSS SMITHER SEALANTS LTD Unaudited accounts Contents
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ROSS SMITHER SEALANTS LTD Company Information for the year ended 31 March 2024
Directors
Ross Gary Smither Sandra Lorraine Smither
Company Number
07490007 (England and Wales)
Registered Office
C/O POWER ACCOUNTAX LTD, MAILBOX 3, SOLE 343 MILLBROOK ROAD WEST SOUTHAMPTON SO15 0HW ENGLAND
Accountants
Cajal Accountancy Services Limited C/O Power Accountax Limited, Mailbox 3, Solent Business Centre, 343 Millbrook Road West, Southampton SO15 0HW
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ROSS SMITHER SEALANTS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,829 
8,502 
Current assets
Debtors
67,284 
93,625 
Cash at bank and in hand
311 
5,912 
67,595 
99,537 
Creditors: amounts falling due within one year
(35,456)
(57,395)
Net current assets
32,139 
42,142 
Total assets less current liabilities
44,968 
50,644 
Creditors: amounts falling due after more than one year
(34,972)
(44,279)
Net assets
9,996 
6,365 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
9,976 
6,345 
Shareholders' funds
9,996 
6,365 
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by
Ross Gary Smither Director Company Registration No. 07490007
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ROSS SMITHER SEALANTS LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
ROSS SMITHER SEALANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 07490007. The registered office is C/O POWER ACCOUNTAX LTD, MAILBOX 3, SOLE, 343 MILLBROOK ROAD WEST, SOUTHAMPTON, SO15 0HW, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% WDV Method
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
91,142 
Additions
13,599 
At 31 March 2024
104,741 
Depreciation
At 1 April 2023
82,640 
Charge for the year
9,272 
At 31 March 2024
91,912 
Net book value
At 31 March 2024
12,829 
At 31 March 2023
8,502 
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ROSS SMITHER SEALANTS LTD Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
42,874 
53,543 
Other debtors
24,410 
40,082 
67,284 
93,625 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,166 
11,000 
VAT
(1,212)
- 
Obligations under finance leases and hire purchase contracts
13,061 
4,517 
Trade creditors
906 
8,265 
Taxes and social security
3,101 
31,280 
Other creditors
5,000 
2,333 
Accruals
3,434 
- 
35,456 
57,395 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
34,972 
41,268 
Obligations under finance leases and hire purchase contracts
- 
3,011 
34,972 
44,279 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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