Ramjam Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07149527 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2022

for

Ramjam Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T Jackson

REGISTERED OFFICE:

12a Marlborough Place

Brighton

BN1 1WN

REGISTERED NUMBER:

07149527 (England and Wales)

ACCOUNTANTS:

Clarke Goodhand Smith Limited

12a Marlborough Place

BRIGHTON

East Sussex

BN1 1WN

FIXED ASSETS

Tangible assets

4

10,217

6,318

CURRENT ASSETS

Debtors

5

26,125

1,425

Cash at bank

283,996

139,435

310,121

140,860

CREDITORS

Amounts falling due within one year

6

67,389

9,951

NET CURRENT ASSETS

242,732

130,909

TOTAL ASSETS LESS CURRENT LIABILITIES

252,949

137,227

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

252,849

137,127

SHAREHOLDERS' FUNDS

252,949

137,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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

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

The financial statements were approved by the director and authorised for issue on 27 October 2022 and were signed by:

T Jackson - Director

1.	STATUTORY INFORMATION

Ramjam Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

FF & equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 5 ) .

4.	TANGIBLE FIXED ASSETS

FF &

equipment

£

COST

At 1 February 2021

21,215

Additions

7,305

At 31 January 2022

28,520

DEPRECIATION

At 1 February 2021

14,897

Charge for year

3,406

At 31 January 2022

18,303

NET BOOK VALUE

At 31 January 2022

10,217

At 31 January 2021

6,318

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.22

31.1.21

£

£

Trade debtors

26,125

960

Tax

-

465

26,125

1,425

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.22

31.1.21

£

£

Bank loans and overdrafts (see note 7)

1,863

619

Tax

30,997

967

Social security and other taxes

4,575

1,416

VAT

5,751

6,746

Directors' loan accounts

24,028

28

Accrued expenses

175

175

67,389

9,951

7.

LOANS

An analysis of the maturity of loans is given below:

31.1.22

31.1.21

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

1,863

619

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.22

31.1.21

value:

£

£

100

Ordinary share

1

100

100

9.

RESERVES

Retained

earnings

£

At 1 February 2021

137,127

Profit for the year

149,722

Dividends

(34,000

)

At 31 January 2022

252,849