ROSSE SYSTEMS LIMITED

Company Registration Number:
01684356 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

ROSSE SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

ROSSE SYSTEMS LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 161,471 202,697
Total fixed assets: 161,471 202,697
Current assets
Stocks: 48,448 46,141
Debtors:   646,115 595,293
Cash at bank and in hand: 862,538 790,162
Total current assets: 1,557,101 1,431,596
Creditors: amounts falling due within one year:   (367,438) (502,125)
Net current assets (liabilities): 1,189,663 929,471
Total assets less current liabilities: 1,351,134 1,132,168
Provision for liabilities: (9,150) (15,500)
Total net assets (liabilities): 1,341,984 1,116,668
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,341,884 1,116,568
Shareholders funds: 1,341,984 1,116,668

The notes form part of these financial statements

ROSSE SYSTEMS LIMITED

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

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 & loss account.

This report was approved by the board of directors on 06 October 2020
and signed on behalf of the board by:

Name: Mr J W M K Proctor
Status: Director

The notes form part of these financial statements

ROSSE SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ROSSE SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 28 26

ROSSE SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 384,942
Additions 48,230
At 31 March 2020 433,172
Depreciation
At 01 April 2019 182,245
Charge for year 89,456
At 31 March 2020 271,701
Net book value
At 31 March 2020 161,471
At 31 March 2019 202,697

ROSSE SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Loans to directors

Name of director receiving advance or credit: Director
Description of the loan: Advance
£
Balance at 01 April 2019 17,534
Advances or credits made: 436
Advances or credits repaid: 3,000
Balance at 31 March 2020 14,970