Rampant Cat (Newbury) Limited - Period Ending 2019-04-30

Registration number: 08033006

Rampant Cat (Newbury) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2019

Rampant Cat (Newbury) Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Rampant Cat (Newbury) Limited

(Registration number: 08033006)
Balance Sheet as at 30 April 2019

	Note	2019 £	2018 £
Fixed assets
Tangible assets	4	4,780	6,374
Current assets
Stocks	5	4,755	4,952
Debtors	6	7,015	13,270
Cash at bank and in hand		2,000	2,000
		13,770	20,222
Creditors: Amounts falling due within one year	7	(85,925)	(81,266)
Net current liabilities		(72,155)	(61,044)
Net liabilities		(67,375)	(54,670)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(67,377)	(54,672)
Total equity		(67,375)	(54,670)

The notes on pages 3 to 7 form an integral part of these financial statements.

Page 1

Rampant Cat (Newbury) Limited

(Registration number: 08033006)
Balance Sheet as at 30 April 2019

For the financial year ending 30 April 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 31 January 2020
 

.........................................

M D Stratford
Director

The notes on pages 3 to 7 form an integral part of these financial statements.

Page 2

Rampant Cat (Newbury) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2019

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Broadlayings
Woolton Hill
Newbury
Berkshire
RG20 9TP
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company is reliant on the director's financial support to remain in operational existence. The directors have confirmed their intention to maintain financial support and on this basis the financial statements have been prepared on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of food and drink in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% reducing balance basis
Office equipment	25% reducing balance basis
Plant and equipment	25% reducing balance basis
Motor Vehicle	25% reducing balance basis

Page 3

Rampant Cat (Newbury) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2019

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 15 (2018 - 16).

Page 4

Rampant Cat (Newbury) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2019

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 May 2018	15,529	5,102	2,048	22,679
At 30 April 2019	15,529	5,102	2,048	22,679
Depreciation
At 1 May 2018	11,447	3,605	1,253	16,305
Charge for the year	1,021	374	199	1,594
At 30 April 2019	12,468	3,979	1,452	17,899
Carrying amount
At 30 April 2019	3,061	1,123	596	4,780
At 30 April 2018	4,082	1,497	795	6,374

Page 5

Rampant Cat (Newbury) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2019

5

Stocks

	2019 £	2018 £
Other inventories	4,755	4,952

6

Debtors

	2019 £	2018 £
Prepayments	913	7,183
Other debtors	6,102	6,087
	7,015	13,270

Page 6

Rampant Cat (Newbury) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2019

7

Creditors

Creditors: amounts falling due within one year

	2019 £	2018 £
Due within one year
Loans and borrowings	2,469	7,661
Trade creditors	10,177	14,905
Taxation and social security	3,509	3,890
Other creditors	69,770	54,810
	85,925	81,266

8	Loans and borrowings

	2019 £	2018 £
Current loans and borrowings
Bank overdrafts	2,469	7,661

9	Related party transactions

M D Stratford (Director) had a loan with the company. At the balance sheet date the amount due to M D Stratford was £79,161 (2018: £52,775).

Page 7