Company Registration No. 09663775 (England and Wales)
Rams Pure Vegetarian Limited
Unaudited accounts
for the year ended 30 June 2021
Rams Pure Vegetarian Limited
Unaudited accounts
Contents
Rams Pure Vegetarian Limited
Company Information
for the year ended 30 June 2021
Directors
Mr Prashant Arvindbhai Upadhyay
Mr Nishant Harish Shah
Company Number
09663775 (England and Wales)
Registered Office
203 Kenton Road
Harrow
Middlesex
HA3 0HD
United Kingdom
Accountants
Urvashi Shah
3E'S Accountants Ltd
231 Kenton Road
Harrow
Middlesex
HA3 0HD
Rams Pure Vegetarian Limited
Statement of financial position
as at 30 June 2021
Intangible assets
123,560
123,560
Tangible assets
10,450
1,000
Cash at bank and in hand
5,494
1,831
Creditors: amounts falling due within one year
(383,160)
(350,625)
Net current liabilities
(151,989)
(73,011)
Total assets less current liabilities
(17,979)
51,549
Creditors: amounts falling due after more than one year
(49,061)
(50,000)
Net (liabilities)/assets
(67,040)
1,549
Called up share capital
300
300
Profit and loss account
(67,340)
1,249
Shareholders' funds
(67,040)
1,549
For the year ending 30 June 2021 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2022 and were signed on its behalf by
Mr Prashant Arvindbhai Upadhyay
Director
Company Registration No. 09663775
Rams Pure Vegetarian Limited
Notes to the Accounts
for the year ended 30 June 2021
Rams Pure Vegetarian Limited is a private company, limited by shares, registered in England and Wales, registration number 09663775. The registered office is 203 Kenton Road, Harrow, Middlesex, HA3 0HD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% on straight line basis
Fixtures & fittings
25% on reducing balance method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Total liabilities exceed current assets at the balance sheet date. The directors consider, however that the company has sufficient liquid assets to meet its liabilities as and when they fall due and that the company has sufficient support from its creditors. Accordingly the director considers that it is appropriate to prepare the accounts on a going concern basis.
Rams Pure Vegetarian Limited
Notes to the Accounts
for the year ended 30 June 2021
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2020
10,000
-
10,000
At 30 June 2021
10,000
13,920
23,920
At 1 July 2020
9,000
-
9,000
Charge for the year
990
3,480
4,470
At 30 June 2021
9,990
3,480
13,470
At 30 June 2021
10
10,440
10,450
At 30 June 2020
1,000
-
1,000
6
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
2,299
1,436
Other debtors
211,378
268,247
7
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
72,791
52,608
Other creditors
216,238
213,277
Loans from directors
36,079
17,790
Rams Pure Vegetarian Limited
Notes to the Accounts
for the year ended 30 June 2021
8
Creditors: amounts falling due after more than one year
2021
2020
Amount represent, bounce back loan received in wake of pandemic of Covid-19 to provide the business support assistance.
The said loan is interest free for first 12 months. The loan span over 6 years and rate of interest being notified at 2.5%.
9
Average number of employees
During the year the average number of employees was 8 (2020: 8).
