Company Registration No. SC130254 (Scotland)
Ross Inc Ltd
Unaudited accounts
for the year ended 30 June 2020
Ross Inc Ltd
Statement of financial position
as at 30 June 2020
Cash at bank and in hand
254,678
251,912
Creditors: amounts falling due within one year
(10,557)
(5,500)
Net current assets
244,121
246,412
Net assets
244,121
246,412
Called up share capital
2
2
Profit and loss account
244,119
246,410
Shareholders' funds
244,121
246,412
For the year ending 30 June 2020 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 January 2021 and were signed on its behalf by
Norman Ross
Director
Company Registration No. SC130254
Ross Inc Ltd
Notes to the Accounts
for the year ended 30 June 2020
Ross Inc Ltd is a private company, limited by shares, registered in Scotland, registration number SC130254. The registered office is 8 Benview Road, Clarkston, Glasgow, G76 7PP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
400
371
Loans from directors
9,410
4,139
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
6
Average number of employees
During the year the average number of employees was 1 (2019: 1).
