Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Ross & Associates Limited
Contents
|
|||
|
|||
|
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Ross & Associates Limited
for the Year Ended 29 February 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ross & Associates Limited for the year ended 29 February 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook .
This report is made solely to the Board of Directors of Ross & Associates Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Ross & Associates Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ross & Associates Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ross & Associates Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ross & Associates Limited. You consider that Ross & Associates Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ross & Associates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Fuller & Roper Limited
Chartered Accountants
The Counting House
Church Farm Business Park
Corston
Bath
BA2 9AP
29 November 2016
Ross & Associates Limited
(Registration number: 08397288)
Abbreviated Balance Sheet at 29 February 2016
Note |
2016
|
2015
|
|||||||
Fixed assets |
|||||||||
Tangible fixed assets |
|
- |
|||||||
Current assets |
|||||||||
Debtors |
|
|
|||||||
Cash at bank and in hand |
|
|
|||||||
|
|
||||||||
Creditors: Amounts falling due within one year |
( |
( |
|||||||
Net current assets |
|
|
|||||||
Total assets less current liabilities |
|
|
|||||||
Provisions for liabilities |
( |
- |
|||||||
Net assets |
|
|
|||||||
Capital and reserves |
|||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
|
|
|||||||
Shareholders' funds |
|
|
Approved by the Board on
.........................................
Mr Adam Ross
Director
2
Ross & Associates Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office equipment |
|
Deferred tax
Financial instruments
Pensions
Ross & Associates Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued
Fixed assets |
Tangible assets
|
Total
|
|||||
Cost |
||||||
Additions |
350 |
350 |
||||
At 29 February 2016 |
350 |
350 |
||||
Depreciation |
||||||
Charge for the year |
117 |
117 |
||||
At 29 February 2016 |
117 |
117 |
||||
Net book value |
||||||
At 29 February 2016 |
|
|
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
|||||||||||
No. |
£ |
No. |
£ |
|||||||||
|
|
|
|
|
||||||||
Related party transactions |
Included within other creditors is a ballance of £18,102 (2015 - £21,709) owed to the directors of the company.