Company Registration No. 01782754 (England and Wales)
Rossiters Limited
Unaudited accounts
for the period from 1 May 2023 to 30 June 2024
Rossiters Limited
Unaudited accounts
Contents
Rossiters Limited
Company Information
for the period from 1 May 2023 to 30 June 2024
Company Number
01782754 (England and Wales)
Registered Office
4 Hiltons Lane
Wiggenhall St Germans
King's Lynn
PE34 3EZ
Accountants
M C Mallett Accountants Ltd
4 Hiltons Lane
Wiggenhall St Germans
King's Lynn
Norfolk
PE34 3EZ
Rossiters Limited
Statement of financial position
as at 30 June 2024
Tangible assets
550
265,830
Cash at bank and in hand
181,414
4,855
Creditors: amounts falling due within one year
(8,179)
(196,301)
Net current assets
217,185
78,327
Total assets less current liabilities
217,735
346,457
Creditors: amounts falling due after more than one year
-
(21,945)
Provisions for liabilities
Net assets
217,735
320,912
Rossiters Limited
Statement of financial position
as at 30 June 2024 (continued)
Called up share capital
15,000
15,000
Revaluation reserve
-
70,000
Profit and loss account
202,735
235,912
Shareholders' funds
217,735
320,912
For the period ending 30 June 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 21 January 2025 and were signed on its behalf by
C G Rossiter
Director
Company Registration No. 01782754
Rossiters Limited
Notes to the Accounts
for the period from 1 May 2023 to 30 June 2024
Rossiters Limited is a private company, limited by shares, registered in England and Wales, registration number 01782754. The registered office is 4 Hiltons Lane, Wiggenhall St Germans, King's Lynn, PE34 3EZ.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The company ceased to trade on 30 June 2024.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost/revaluation less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
in accordance with the property
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
5% straight line
Investments in shares are included at fair value.
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell.
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 assets and liabilities are not discounted.
Rossiters Limited
Notes to the Accounts
for the period from 1 May 2023 to 30 June 2024
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Tangible fixed assets
Total
Charge for the period
(737)
Carrying amount of land and buildings on cost basis
-
175,000
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
-
9,861
-
9,861
Interest was charged on the loan at 2.25% pa.
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Average number of employees
During the period the average number of employees was 9 (2023: 8).