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REGISTERED NUMBER: 04954547 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Ross Associates Limited

Ross Associates Limited (Registered number: 04954547)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ross Associates Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: R G Hannon





SECRETARY: Ms B K Hannon





REGISTERED OFFICE: 32 Hereford Drive
Kingsoak
Braintree
Essex
CM7 9FX





REGISTERED NUMBER: 04954547 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Ross Associates Limited (Registered number: 04954547)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £ £ £
FIXED ASSETS
Tangible assets 4 1,451 1,628

CURRENT ASSETS
Debtors 5 10,744 35,785
Cash at bank 23,628 9,155
34,372 44,940
CREDITORS
Amounts falling due within one year 6 29,339 30,289
NET CURRENT ASSETS 5,033 14,651
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,484

16,279

CREDITORS
Amounts falling due after more than one
year

7

18,987

22,144
NET LIABILITIES (12,503 ) (5,865 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (12,505 ) (5,867 )
SHAREHOLDERS' FUNDS (12,503 ) (5,865 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Ross Associates Limited (Registered number: 04954547)

Balance Sheet - continued
30 November 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 May 2025 and were signed by:





R G Hannon - Director


Ross Associates Limited (Registered number: 04954547)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Ross Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Ross Associates Limited (Registered number: 04954547)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 December 2023
and 30 November 2024 16,283
DEPRECIATION
At 1 December 2023 14,655
Charge for year 177
At 30 November 2024 14,832
NET BOOK VALUE
At 30 November 2024 1,451
At 30 November 2023 1,628

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£ £
Other debtors 10,744 35,785

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£ £
Taxation and social security - 878
Other creditors 29,339 29,411
29,339 30,289

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£ £
Bank loans 18,987 22,144

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr R G Hannon and Mrs B Hannon, who together own the entire share capital.