Registered number
09200020
Rosscam Limited
Filleted Accounts
30 September 2024
Rosscam Limited
Registered number: 09200020
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 46,077 26,654
Current assets
Debtors 4 687 3,087
Cash at bank and in hand 8,590 5,228
9,277 8,315
Creditors: amounts falling due within one year 5 (18,696) (15,370)
Net current liabilities (9,419) (7,055)
Total assets less current liabilities 36,658 19,599
Creditors: amounts falling due after more than one year 6 (3,162) (7,286)
Provisions for liabilities (8,755) (5,108)
Net assets 24,741 7,205
Capital and reserves
Called up share capital 100 100
Profit and loss account 24,641 7,105
Shareholders' funds 24,741 7,205
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Ross James
Director
Approved by the board on 22 May 2025
Rosscam Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:
Plant and machinery 10% straight line
Fixtures and fittings 20% straight line
Motor vehicles 5% reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Fixture & Fittings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 October 2023 450 60,240 15,250 75,940
Additions - 3,242 25,640 28,882
Disposals - - (15,250) (15,250)
At 30 September 2024 450 63,482 25,640 89,572
Depreciation
At 1 October 2023 180 37,981 11,125 49,286
Charge for the year 90 3,962 1,282 5,334
On disposals - - (11,125) (11,125)
At 30 September 2024 270 41,943 1,282 43,495
Net book value
At 30 September 2024 180 21,539 24,358 46,077
At 30 September 2023 270 22,259 4,125 26,654
4 Debtors 2024 2023
£ £
Trade debtors 390 2,790
Other debtors 297 297
687 3,087
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 4,125 4,023
Obligations under finance lease and hire purchase contracts - 1,024
Trade creditors 210 1,179
Director's loan account 1,603 100
Taxation and social security costs 11,151 7,448
Other creditors 1,607 1,596
18,696 15,370
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 3,162 7,286
7 Other information
Rosscam Limited is a private company limited by shares and incorporated in England. Its registered office is:
77 Sommerville Road
Bristol
England
BS7 9AE
Rosscam Limited 09200020 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2025 Mr Ross James No description of principal activity 09200020 2022-10-01 2023-09-30 09200020 core:WithinOneYear 2023-09-30 09200020 core:AfterOneYear 2023-09-30 09200020 core:ShareCapital 2023-09-30 09200020 core:RetainedEarningsAccumulatedLosses 2023-09-30 09200020 2023-10-01 2024-09-30 09200020 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09200020 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09200020 bus:Director40 2023-10-01 2024-09-30 09200020 core:LandBuildings 2023-10-01 2024-09-30 09200020 core:PlantMachinery 2023-10-01 2024-09-30 09200020 core:Vehicles 2023-10-01 2024-09-30 09200020 countries:England 2023-10-01 2024-09-30 09200020 bus:FRS102 2023-10-01 2024-09-30 09200020 bus:FilletedAccounts 2023-10-01 2024-09-30 09200020 2024-09-30 09200020 core:WithinOneYear 2024-09-30 09200020 core:AfterOneYear 2024-09-30 09200020 core:ShareCapital 2024-09-30 09200020 core:RetainedEarningsAccumulatedLosses 2024-09-30 09200020 core:LandBuildings 2024-09-30 09200020 core:PlantMachinery 2024-09-30 09200020 core:Vehicles 2024-09-30 09200020 2023-09-30 09200020 core:LandBuildings 2023-09-30 09200020 core:PlantMachinery 2023-09-30 09200020 core:Vehicles 2023-09-30 iso4217:GBP xbrli:pure