JAMES RAMSAY (GLASGOW) LIMITED

JAMES RAMSAY (GLASGOW) LIMITED

JAMES RAMSAY (GLASGOW) LIMITED - Company Information

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JAMES RAMSAY (GLASGOW) LIMITED

Company Registration Number:
SC011277 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

JAMES RAMSAY (GLASGOW) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

JAMES RAMSAY (GLASGOW) LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 1,500 3,500
Tangible assets: 4 77,747 91,306
Total fixed assets: 79,247 94,806
Current assets
Stocks: 52,680 75,339
Debtors:   1,397,279 2,050,512
Cash at bank and in hand: 1,464,844 781,500
Total current assets: 2,914,803 2,907,351
Creditors: amounts falling due within one year:   (1,361,955) (1,819,667)
Net current assets (liabilities): 1,552,848 1,087,684
Total assets less current liabilities: 1,632,095 1,182,490
Provision for liabilities: (2,958) (5,305)
Total net assets (liabilities): 1,629,137 1,177,185
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 1,627,137 1,175,185
Shareholders funds: 1,629,137 1,177,185

The notes form part of these financial statements

JAMES RAMSAY (GLASGOW) 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 28 October 2020
and signed on behalf of the board by:

Name: Raymond Shepherd
Status: Director

The notes form part of these financial statements

JAMES RAMSAY (GLASGOW) 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

JAMES RAMSAY (GLASGOW) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 53 50

JAMES RAMSAY (GLASGOW) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Intangible Assets

Total
Cost £
At 01 April 2019 10,000
At 31 March 2020 10,000
Amortisation
At 01 April 2019 6,500
Charge for year 2,000
At 31 March 2020 8,500
Net book value
At 31 March 2020 1,500
At 31 March 2019 3,500

JAMES RAMSAY (GLASGOW) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Tangible Assets

Total
Cost £
At 01 April 2019 382,906
Additions 37,803
Disposals (51,978)
At 31 March 2020 368,731
Depreciation
At 01 April 2019 291,600
Charge for year 51,157
On disposals (51,773)
At 31 March 2020 290,984
Net book value
At 31 March 2020 77,747
At 31 March 2019 91,306

JAMES RAMSAY (GLASGOW) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

5. Related party transactions

Name of the related party: James Ramsay (Glasgow) Holdings Ltd
Relationship:
Parent Company
Description of the Transaction: Management Charges and Dividends
£
Balance at 01 April 2019 144,702
Balance at 31 March 2020 194,680