Ross Welding Supplies Limited

Ross Welding Supplies Limited
Contents Page
For the year ended 31 March 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

Ross Welding Supplies Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	17,357	23,067
		17,357	23,067
Current assets
Debtors		3,445	27,228
Cash at bank and in hand		2,135	20,483
		5,580	47,711
Creditors: amount falling due within one year		(35,504)	(48,500)
Net current assets		(29,924)	(789)

Total assets less current liabilities		(12,567)	22,278
Creditors: amount falling due after more than one year		(1)	(21,076)
Net assets		(12,568)	1,202

Capital and reserves
Called up share capital		2	2
Profit and loss account		(12,570)	1,200
Shareholders' funds		(12,568)	1,202

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 23 April 2026 and were signed on its behalf by:

-------------------------------
Stephen William Ross
Director

1

Ross Welding Supplies Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Ross Welding Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 15541763, registration address 4a Moss Lane, Swinton, Manchester, M27 9SA. The trading address of the company is 9 Kinsway, Worsley, Manchester, M28 7DE.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25% Reducing Balance
Plant and Machinery	15% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 April 2025	667	30,000	30,667
Additions	-	-	-
Disposals	-	-	-
At 31 March 2026	667	30,000	30,667
Depreciation
At 01 April 2025	100	7,500	7,600
Charge for year	85	5,625	5,710
On disposals	-	-	-
At 31 March 2026	185	13,125	13,310
Net book values
Closing balance as at 31 March 2026	482	16,875	17,357
Opening balance as at 01 April 2025	567	22,500	23,067

The net book value of Motor Vehicles includes £ 16,875 (2025 £22,500) in respect of assets leased under finance leases or hire purchase contracts.

2

Registered Number: 15541763
England and Wales
ROSS WELDING SUPPLIES LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026