Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31false2023-04-01truefalseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03935020 2023-04-01 2024-03-31 03935020 2022-04-01 2023-03-31 03935020 2024-03-31 03935020 2023-03-31 03935020 2022-04-01 03935020 c:Director1 2023-04-01 2024-03-31 03935020 c:Director2 2023-04-01 2024-03-31 03935020 c:RegisteredOffice 2023-04-01 2024-03-31 03935020 c:Agent1 2023-04-01 2024-03-31 03935020 d:CurrentFinancialInstruments 2024-03-31 03935020 d:CurrentFinancialInstruments 2023-03-31 03935020 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03935020 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03935020 d:ShareCapital 2023-04-01 2024-03-31 03935020 d:ShareCapital 2024-03-31 03935020 d:ShareCapital 2022-04-01 2023-03-31 03935020 d:ShareCapital 2023-03-31 03935020 d:ShareCapital 2022-04-01 03935020 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 03935020 d:RetainedEarningsAccumulatedLosses 2024-03-31 03935020 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 03935020 d:RetainedEarningsAccumulatedLosses 2023-03-31 03935020 d:RetainedEarningsAccumulatedLosses 2022-04-01 03935020 c:OrdinaryShareClass1 2023-04-01 2024-03-31 03935020 c:OrdinaryShareClass1 2024-03-31 03935020 c:OrdinaryShareClass1 2023-03-31 03935020 c:FRS102 2023-04-01 2024-03-31 03935020 c:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03935020 c:FullAccounts 2023-04-01 2024-03-31 03935020 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03935020 2 2023-04-01 2024-03-31 03935020 6 2023-04-01 2024-03-31 03935020 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 03935020 d:TaxLossesCarry-forwardsDeferredTax 2023-03-31 03935020 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03935020










ROSS FAMILY LIMITED








UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ROSS FAMILY LIMITED
 
 
COMPANY INFORMATION


Directors
C E Ross 
D B M Ross 




Registered number
03935020



Registered office
89 Spa Road

London

SE16 3SG




Accountants
Greenback Alan LLP
Chartered Accountants

89 Spa Road

London

SE16 3SG




Bankers
Coutts & Co





 
ROSS FAMILY LIMITED
 
 
 
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2024

The directors present their report and the financial statements for the year ended 31 March 2024.

Business review



Directors

The directors who served during the year were:

C E Ross 
D B M Ross 

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 11 March 2025 and signed on its behalf.
 





C E Ross
Director

Page 1

 
ROSS FAMILY LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ROSS FAMILY LIMITED
FOR THE YEAR ENDED 31 MARCH 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ross Family Limited for the year ended 31 March 2024 which comprise  the Statement of Financial Position, the Statement of Changes in Equity 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 at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of Ross Family Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Ross Family Limited and state those matters that we have agreed to state to the Board of Directors of Ross Family Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ross Family Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Ross Family Limited 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 Ross Family Limited. You consider that Ross Family Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Ross Family Limited. 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.

  



Greenback Alan LLP
 
Chartered Accountants
  
89 Spa Road
London
SE16 3SG
11 March 2025
Page 2

 
ROSS FAMILY LIMITED
REGISTERED NUMBER: 03935020

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
9,368,854
8,731,170

  
9,368,854
8,731,170

Current assets
  

Debtors: amounts falling due within one year
 5 
116,764
210,690

Cash at bank and in hand
 6 
142,074
103,487

  
258,838
314,177

Creditors: amounts falling due within one year
 7 
(186,878)
(146,097)

Net current assets
  
 
 
71,960
 
 
168,080

Total assets less current liabilities
  
9,440,814
8,899,250

  

Net assets
  
9,440,814
8,899,250


Capital and reserves
  

Called up share capital 
 9 
10,000
10,000

Profit and loss account
  
9,430,814
8,889,250

  
9,440,814
8,899,250


Page 3

 
ROSS FAMILY LIMITED
REGISTERED NUMBER: 03935020
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 March 2025.




C E Ross
Director

The notes on pages 6 to 11 form part of these financial statements.

Page 4

 
ROSS FAMILY LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2023
10,000
8,889,250
8,899,250


Comprehensive income for the year

Profit for the year

-
841,564
841,564


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
841,564
841,564


Contributions by and distributions to owners

Dividends: Equity capital
-
(300,000)
(300,000)


Total transactions with owners
-
(300,000)
(300,000)


At 31 March 2024
10,000
9,430,814
9,440,814



STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2022
10,000
9,868,804
9,878,804


Comprehensive income for the year

Loss for the year

-
(660,054)
(660,054)


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
(660,054)
(660,054)


Contributions by and distributions to owners

Dividends: Equity capital
-
(319,500)
(319,500)


Total transactions with owners
-
(319,500)
(319,500)


At 31 March 2023
10,000
8,889,250
8,899,250


The notes on pages 6 to 11 form part of these financial statements.

Page 5

 
ROSS FAMILY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Ross Famiily Limited is a private company limited by shares, which was incorporated in the United Kingdom and registered in England and Wales. The registered office is 89 Spa Road, London, SE16 3SG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 6

 
ROSS FAMILY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.5

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 7

 
ROSS FAMILY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 8

 
ROSS FAMILY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 April 2023
8,731,170


Additions
5,625,193


Disposals
(5,827,069)


Revaluations
839,560



At 31 March 2024
9,368,854




Page 9

 
ROSS FAMILY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Other debtors
-
15,008

Deferred taxation
116,764
195,682

116,764
210,690



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
142,074
103,487

142,074
103,487



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
172,953
136,097

Accruals and deferred income
13,925
10,000

186,878
146,097


Page 10

 
ROSS FAMILY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Deferred taxation




2024


£






At beginning of year
195,682


Charged to profit or loss
(78,918)



At end of year
116,764

The deferred tax asset is made up as follows:

2024
2023
£
£


Tax losses carried forward
116,764
195,682

116,764
195,682


9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10,000 (2023 - 10,000) Ordinary shares of £1.00 each
10,000
10,000


 
Page 11