Ramirez Products Ltd - Filleted accounts

RAMIREZ PRODUCTS LTD - Company Information

Ramirez Products Ltd
Data not obtained from trial balance		AutoHide is on
Enter data in the white spaces Enter numbers as + unless indicated				Current year	Comparative

Units (eg £ or £000)		£	include a trailing space

Company registration number		11942286

		Date
Approval date of the accounts by the board		14/05/2020

		Date
Date of signing on the audit/accountants report

Date of engagement letter (required for		Date
CA and ACCA reports)

Person signing directors' report:
	Name of director	Gal Cohen
	Or, name of secretary

Name of director signing balance sheet		Gal Cohen

Address of registered office:
	Address line 1	Apr 2103 Brindley House
	Address line 2	101 Newhall Street
	City or town	Birmingham
	County or region
	Postcode	B3 1LL

Name of senior statutory auditor

Name of auditors/accountants

Type of firm (eg Chartered Accountants)

Address of auditors/accountants
	Address line 1
	Address line 2
	City or town
	County or region
	Postcode

Prior year adjustments (+ for a gain; - for a loss)		£
	Correction of prior year errors
	Effect of retrospective changes in accounting policies
	Effect of retrospective changes in accounting policies
	More info on prior year adjustments

Number					Number
Average number of persons employed by the company				1

Freehold land & buildings if
revalued amounts shown in trial balance:				£	£
	historical cost
	cumulative depreciation based on cost

Historical cost of fixed asset investments				£	£
	Investments in subsidiaries
	Other investments

£					£
Amounts due after more than one year included in debtors

Amounts included in creditors falling due for payment
after more than five years:				£	£
Payable otherwise than by installment
Payable by installment

£					£
Secured bank loans included in creditors

Capital commitments:				£	£
	contracted

Total future payments due under non-cancellable				£	£
operating leases

Registered number

11942286

Ramirez Products Ltd

Filleted Accounts

30 April 2020

Ramirez Products Ltd
Registered number:		11942286
Balance Sheet
as at 30 April 2020

Notes			2020
£
Current assets
Debtors	2	5,000
Cash at bank and in hand		389
		5,389

Creditors: amounts falling due within one year	3	(4,921)

Net current assets			468

Net assets			468

Capital and reserves
Called up share capital			10
Profit and loss account			458

Shareholder's funds			468

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Gal Cohen
Director
Approved by the board on 14 May 2020

Ramirez Products Ltd
Notes to the Accounts
for the period from 12 April 2019 to 30 April 2020


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Debtors	2020
£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest	5,000


3	Creditors: amounts falling due within one year	2020
£

	Trade creditors	325
	Taxation and social security costs	4,596
		4,921


4	Other information

	Ramirez Products Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Apr 2103 Brindley House
	101 Newhall Street
	Birmingham
	B3 1LL