Company Registration No. SC130254 (Scotland)
Ross Inc Ltd
Unaudited accounts
for the year ended 30 June 2017
Ross Inc Ltd
Unaudited accounts
Contents
Ross Inc Ltd
Company Information
for the year ended 30 June 2017
Company Number
SC130254 (Scotland)
Registered Office
8 Benview Road
Clarkston
Glasgow
G76 7PP
Accountants
Aird Sakol Ltd
8 Benview Road
Clarkston Toll
Glasgow
G76 7PP
Ross Inc Ltd
Statement of financial position
as at 30 June 2017
Cash at bank and in hand
262,445
440,422
Creditors: amounts falling due within one year
(5,777)
(177,496)
Net current assets
256,668
262,926
Net assets
256,668
262,926
Called up share capital
2
2
Profit and loss account
256,666
262,924
Shareholders' funds
256,668
262,926
For the year ending 30 June 2017 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.
Approved by the Board on 15 February 2018.
Norman Ross
Director
Company Registration No. SC130254
Ross Inc Ltd
Notes to the Accounts
for the year ended 30 June 2017
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.
These financial statements for the year ended 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
2017
2016
Taxes and social security
922
1,496
Loans from directors
3,857
174,966
5
Average number of employees
During the year the average number of employees was 1 (2016: 1).
