Company Registration No. 9987130 (England and Wales)
Ross Properties (Aldene) Ltd
Unaudited accounts
for the year ended 31 May 2024
Ross Properties (Aldene) Ltd
Unaudited accounts
Contents
Ross Properties (Aldene) Ltd
Company Information
for the year ended 31 May 2024
Directors
Anthony Edward Robert Rosser
Timothy Lee Freeman
Company Number
9987130 (England and Wales)
Registered Office
Unit One
The Old Barn Wicklesham Lodge Farm
Faringdon
Oxfordshire
SN7 7PN
England
Accountants
Turning Circle Solutions Ltd
22 Harfield Road
Sunbury-on-Thames
TW16 5PT
Ross Properties (Aldene) Ltd
Statement of financial position
as at 31 May 2024
Inventories
1,479,573
1,420,315
Cash at bank and in hand
9,061
72,985
Creditors: amounts falling due within one year
(1,080,567)
(965,839)
Net current assets
409,778
533,031
Total assets less current liabilities
409,778
533,031
Creditors: amounts falling due after more than one year
(296,283)
(476,703)
Called up share capital
100
100
Profit and loss account
113,395
56,228
Shareholders' funds
113,495
56,328
For the year ending 31 May 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.
The members have agreed to the preparation of abridged accounts for the year 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 of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by
Anthony Edward Robert Rosser
Director
Company Registration No. 9987130
Ross Properties (Aldene) Ltd
Notes to the Accounts
for the year ended 31 May 2024
Ross Properties (Aldene) Ltd is a private company, limited by shares, registered in England and Wales, registration number 9987130. The registered office is Unit One, The Old Barn Wicklesham Lodge Farm, Faringdon, Oxfordshire, SN7 7PN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Income is recognised when property sales are completed.
The accounts are presented in £ sterling.
4
Transactions with related parties
1. Mr A Rosser is a director and was owed the following amounts by the company:
At 1st June 2023 £206,037.
At 31st May 2024 £137,297.
2. TL Freeman Ltd is another limited company owned by a director and was owed the following amounts by the company.
At 1st June 2023 £229,678.
At 31st May 2024 £129,678.
3. TL Freeman Ltd is acting as the contractor to the development and was paid £265,000 for building services during the year.
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Average number of employees
During the year the average number of employees was 0 (2023: 0).