REGISTERED NUMBER: 01343301 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ROSS HANDLING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C F Fitzpatrick

Mrs L Horne

Mr L Cook

REGISTERED OFFICE:

71 Cannock Street

Leicester

LE4 9HR

REGISTERED NUMBER:

01343301 (England and Wales)

FIXED ASSETS

Tangible assets

4

526,768

599,128

CURRENT ASSETS

Stocks

579,462

639,081

Debtors

5

376,401

278,548

Cash at bank

799,997

665,623

1,755,860

1,583,252

CREDITORS

Amounts falling due within one year

6

820,507

764,684

NET CURRENT ASSETS

935,353

818,568

TOTAL ASSETS LESS CURRENT LIABILITIES

1,462,121

1,417,696

CREDITORS

Amounts falling due after more than one year

7

(85,007

)

(135,490

)

PROVISIONS FOR LIABILITIES

(48,590

)

(64,212

)

NET ASSETS

1,328,524

1,217,994

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,328,424

1,217,894

SHAREHOLDERS' FUNDS

1,328,524

1,217,994

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:

Mr C F Fitzpatrick - Director

Mrs L Horne - Director

Mr L M Cook - Director

1.	STATUTORY INFORMATION

Ross Handling 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

Revenue comprises the fair value for the sale of goods excluding value added taxes and represents net invoice value less estimated rebates, returns and settlement discounts. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined on the dispatch of the goods.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost excluding land

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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.

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.

Creditors

Short term trade 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

399,620

63,808

267,480

265,451

996,359

Additions

-

2,047

8,088

-

10,135

Disposals

-

-

-

(56,090

)

(56,090

)

At 31 March 2025

399,620

65,855

275,568

209,361

950,404

DEPRECIATION

At 1 April 2024

61,103

41,234

195,198

99,696

397,231

Charge for year

6,110

4,270

12,679

35,440

58,499

Eliminated on disposal

-

-

-

(32,094

)

(32,094

)

At 31 March 2025

67,213

45,504

207,877

103,042

423,636

NET BOOK VALUE

At 31 March 2025

332,407

20,351

67,691

106,319

526,768

At 31 March 2024

338,517

22,574

72,282

165,755

599,128

Included in cost of land and buildings is freehold land of £ 94,100 (2024 - £ 94,100 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

370,713

272,143

Other debtors

5,688

6,405

376,401

278,548

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

25,206

31,582

Trade creditors

274,154

285,856

Taxation and social security

73,697

106,635

Other creditors

447,450

340,611

820,507

764,684

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

85,007

135,490

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

110,213

167,072

The hire purchase agreements are secured on the assets concerned.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1.00

100

100