RoS Holdings Limited 11774051 false 2023-08-01 2024-04-30 2024-04-30 The principal activity of the company is Is that of a holding company Digita Accounts Production Advanced 6.30.9574.0 true false 11774051 2023-08-01 2024-04-30 11774051 2024-04-30 11774051 core:CurrentFinancialInstruments 2024-04-30 11774051 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 11774051 1 2024-04-30 11774051 bus:SmallEntities 2023-08-01 2024-04-30 11774051 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-04-30 11774051 bus:FullAccounts 2023-08-01 2024-04-30 11774051 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-04-30 11774051 bus:RegisteredOffice 2023-08-01 2024-04-30 11774051 bus:Director1 2023-08-01 2024-04-30 11774051 bus:Director2 2023-08-01 2024-04-30 11774051 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-04-30 11774051 core:AllSubsidiaries 2023-08-01 2024-04-30 11774051 1 2023-08-01 2024-04-30 11774051 countries:EnglandWales 2023-08-01 2024-04-30 11774051 1 2023-08-01 2024-04-30 11774051 core:CostValuation 2023-07-31 11774051 1 2023-07-31 11774051 2022-08-01 2023-07-31 11774051 2023-07-31 11774051 core:CurrentFinancialInstruments 2023-07-31 11774051 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 11774051

RoS Holdings Limited

Unaudited Filleted Financial Statements

for the Period from 1 August 2023 to 30 April 2024

 

RoS Holdings Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

RoS Holdings Limited

Company Information

Directors

C R Burgar

L Burgar

Registered office

Ros House
16 Parliament Street
Hull
East Yorkshire
HU1 2AP

 

RoS Holdings Limited

(Registration number: 11774051)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

200

200

Current assets

 

Debtors

5

255,629

203,017

Cash at bank and in hand

 

206,107

41,107

 

461,736

244,124

Creditors: Amounts falling due within one year

6

(4,465)

(2,188)

Net current assets

 

457,271

241,936

Net assets

 

457,471

242,136

Capital and reserves

 

Called up share capital

300

300

Retained earnings

457,171

241,836

Shareholders' funds

 

457,471

242,136

For the financial period ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 September 2024 and signed on its behalf by:
 

.........................................
C R Burgar
Director

 

RoS Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2023 to 30 April 2024

1

General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 11774051.

The address of its registered office is:
Ros House
16 Parliament Street
Hull
East Yorkshire
HU1 2AP

These financial statements were authorised for issue by the Board on 19 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Group accounts not prepared

The company has taken advantage of exemption under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with wholly owned subsidiaries within the group. .

Disclosure of long or short period

The financial statements have been prepared for a period of 9 months due to the winding up of the Company. Figures presented in the accounts are therefore not directly comparable with the prior year which covered a period of 12 months.

Revenue recognition

Turnover comprises the fair value of the dividends received in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the Company in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the Company includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

RoS Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2023 to 30 April 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the period, was 2 (2023 - 2).

 

RoS Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2023 to 30 April 2024

4

Investments

2024
£

2023
£

Investments in subsidiaries

200

200

Subsidiaries

£

Cost or valuation

At 1 August 2023

200

Provision

Carrying amount

At 30 April 2024

200

At 31 July 2023

200

5

Debtors

Note

2024
£

2023
£

Amounts owed to Company undertakings and undertakings in which the Company has a participating interest

8

128,639

203,017

Other debtors

 

126,990

-

 

255,629

203,017

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

-

10

Trade creditors

 

2,178

-

Accruals and deferred income

 

2,287

2,178

 

4,465

2,188

7

Loans and borrowings

2024
£

2023
£

Current loans and borrowings

Other borrowings

-

10

Other borrowings relate to unsecured Director loans.

 

RoS Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2023 to 30 April 2024

8

Related party transactions

Transactions with Directors

2024

At 1 August 2023
£

Advances to Director
£

At 30 April 2024
£

Unsecured, interest-free, repayable on demand

(10)

127,000

126,990

       
     

 

Other transactions with Directors

At the year end, the amount owed by the Directors was £126,990 (2023: £(10)). The amount is unsecured, interest-free and repayable on demand.

Summary of transactions with subsidiaries

The company has taken advantage of the exemption in FRS102 Section 1A from disclosing transactions with related parties (wholly owned subsidiaries) that are part of the ROS Holdings Limited Group.