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REGISTERED NUMBER: SC568488 (Scotland)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ROSS + CO ACCOUNTANCY LIMITED

ROSS + CO ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC568488)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROSS + CO ACCOUNTANCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Mr D W Ross



REGISTERED OFFICE: 31 Strathspey Avenue
Aviemore
PH22 1SN



REGISTERED NUMBER: SC568488 (Scotland)



BANKERS: TSB
2-4 Inglis Street
Inverness
IV1 1HN

ROSS + CO ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC568488)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,461 3,399

CURRENT ASSETS
Stocks 3,980 8,070
Debtors 5 14,462 10,210
Cash at bank 32,392 40,210
50,834 58,490
CREDITORS
Amounts falling due within one year 6 16,418 16,841
NET CURRENT ASSETS 34,416 41,649
TOTAL ASSETS LESS CURRENT LIABILITIES 36,877 45,048

CREDITORS
Amounts falling due after more than one
year

7

(36,133

)

(42,540

)

PROVISIONS FOR LIABILITIES 8 (468 ) (646 )
NET ASSETS 276 1,862

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 9 100 100
Profit and loss account -
distributable 176 1,762
SHAREHOLDERS' FUNDS 276 1,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 + CO ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC568488)

BALANCE SHEET - continued
31 MARCH 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 June 2025 and were signed by:





Mr D W Ross - Director


ROSS + CO ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC568488)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Ross + Co Accountancy Limited is a private company, limited by shares , registered in Scotland. 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 represents total fees for work completed in the period, exclusive of Value Added Tax. It also includes work carried out on incomplete contracts, valued at chargeout rates less any amounts not recoverable in the opinion of the Directors.

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% on reducing balance

STOCKS
Stocks of stationery and consumables are valued by reference to cost price.

TAXATION
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued, non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

DEBTORS AND CREDITORS RECEIVABLE/PAYABLE WITHIN ONE YEAR
Debtors and creditors with no stated interest and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

ROSS + CO ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC568488)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 10,019
Additions 848
Disposals (3,027 )
At 31 March 2025 7,840
DEPRECIATION
At 1 April 2024 6,620
Charge for year 821
Eliminated on disposal (2,062 )
At 31 March 2025 5,379
NET BOOK VALUE
At 31 March 2025 2,461
At 31 March 2024 3,399

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 13,494 7,814
Other debtors 968 2,396
14,462 10,210

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors - 1,954
Taxation and social security 14,818 13,287
Other creditors 1,600 1,600
16,418 16,841

Other creditors is a Bounce Back Loan of £1,600 (2024: £1,600)

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Other creditors 36,133 42,540

Included in other creditors is a loan from the Director, Mr D W Ross. At the balance sheet date this loan amounted to £34,548 (2024: £39,353) and is repayable when the company has the available funds.
Also included is a Bounce Back Loan of £1,585 (2024: £3,187)

ROSS + CO ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC568488)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 468 646

Deferred
tax
£   
Balance at 1 April 2024 646
Provided during year (178 )
Balance at 31 March 2025 468

9. ALLOTTED, CALLED UP AND FULLY
PAID SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The Company is controlled by the Director, Mr D W Ross, by virtue of his 100% ownership of the issued Ordinary Share Capital.