ROSSLYN NORTH LIMITED


Director	KEANE, Robert


Registered Address	19 Adelphi
	Merchant Quarter
	Aberdeen
	AB11 5BL


Registered Number	SC520284 (Scotland)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Called up share capital not paid			10		10
Current assets
Stocks	3	610,485		421,555
Debtors	4,5	70,463		50,714
Cash at bank and on hand		7,626		71
		688,574		472,340
Creditors amounts falling due within one year	6	(134,373)		(50,569)
Net current assets (liabilities)			554,211		421,781
Total assets less current liabilities			554,211		421,781
Creditors amounts falling due after one year	7		(1,318,266)		(1,200,474)
Net assets			(764,055)		(778,693)
Capital and reserves
Called up share capital			10		10
Profit and loss account			(764,065)		(778,703)
Shareholders' funds			(764,055)		(778,693)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 20 July 2026, and are signed on its behalf by:

KEANE, Robert
Director
Registered Company No. SC520284

ROSSLYN NORTH LIMITED

Notes to the Financial Statements
for the period ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		1

3.	Stocks

	2025	2024
	£	£
Work in progress	188,930	-
Finished goods	421,555	421,555
Total	610,485	421,555

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	70,463	42,601
Prepayments and accrued income	-	3,313
Total	70,463	45,914

5.	Debtors: amounts due after one year

	2025	2024
	£	£
Other debtors	-	4,800
Total	-	4,800

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	126,279	35,869
Taxation and social security	200	200
Other creditors	7,294	-
Accrued liabilities and deferred income	600	14,500
Total	134,373	50,569


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Trade creditors / trade payables	1,292,131	1,159,751
Bank borrowings and overdrafts	26,135	40,723
Total	1,318,266	1,200,474