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RAMSEY TRADING LIMITED - Company Information

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Ramsey Trading Limited

Registered Number:04788166

For the year ended 30 April 2019

England and Wales

Unaudited Financial Statements

For the year ended 30 April 2019

Ramsey Trading Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 30 April 2019

Ramsey Trading Limited

Statement of Financial Position

Registered Number :

04788166

2018

2019

Notes

Fixed assets

Intangible assets

17,540

Property, plant and equipment

36,267

53,807

Current assets

Inventories

8,189

7,911

Trade and other receivables

(751)

4,244

Cash and cash equivalents

7,160

12,433

Trade and other payables: amounts falling due within one

year

(49,559)

(43,004)

(37,126)

(35,844)

Net current liabilities

Total assets less current liabilities

17,963

16,681

Trade and other payables: amounts falling due after more

than one year

(2,392)

15,571

Net assets

14,289

Capital and reserves

Called up share capital

100

Retained earnings

15,471

14,189

15,571

14,289

Shareholders' funds

For the year ended 30 April 2019 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 of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of

each financial year and of its profit or loss for each financial year in accordance with the requirements of Section

394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial

statements, so far as applicable to the company.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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For the year ended 30 April 2019

Ramsey Trading Limited

Statement of Financial Position Continued

James Dempsey Director

These financial statements were approved and authorised for issue by the Board on 31 January 2020 and were signed by:

The notes form part of these financial statements

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For the year ended 30 April 2019

Ramsey Trading Limited

Notes to the Financial Statements

Statutory Information

Ramsey Trading Limited is a private limited company, limited by shares, domiciled in England and Wales, registration

number 04788166.

Registered address:

Suite 1 & 2, Business Centre

Hagley Golf & Country Club

Wassell Grove Lane

Hagley

DY9 9JW

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2. Intangible fixed assets

Other

Intangible

Assets

Cost or valuation

At 01 May 2018

17,540

At 30 April 2019

17,540

Net book value

At 30 April 2019

17,540

At 30 April 2018

17,540

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For the year ended 30 April 2019

Ramsey Trading Limited

Notes to the Financial Statements Continued

3. Property, plant and equipment

Total

Computer

equipment

Motor vehicles

Plant and

machinery

Cost or

valuation

At 01 May 2018

36,267

1,348

31,699

3,220

At 30 April 2019

3,220

31,699

1,348

36,267

At 30 April 2019

Net book value

3,220

31,699

1,348

36,267

At 30 April 2018

3,220

31,699

1,348

36,267

4. Inventories

2018

2019

Stocks

7,911

8,189

5. Trade and other receivables

2018

2019

Trade debtors

(751)

6. Trade and other payables: amounts falling due within one year

2018

2019

Bank loans and overdraft

Trade creditors

34,452

40,994

Taxation and social security

245

277

Other creditors

8,288

43,004

49,559

7. Trade and other payables: amounts falling due after more than one year

2018

2019

Other creditors

2,392

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