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28 February 2016
28 February 2016
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Ramps Events Ltd
Abbreviated accounts
For The Year Ended 28 February 2016
D & K Accountancy Services
Rowlandson House
289-293 Ballards Lane
London
N12 8NP
Abbreviated Balance Sheet
|
2016 |
2015 |
|
Notes |
£ |
£ |
£ |
£ |
FIXED ASSETS |
Tangible Assets |
2
|
|
1,252
|
|
787
|
|
|
|
|
|
|
|
|
|
1,252
|
|
787
|
CURRENT ASSETS |
Cash at bank and in hand |
|
2,537
|
|
9,436
|
|
|
|
|
|
|
|
|
2,537
|
|
9,436
|
|
Creditors: Amounts Falling Due Within One Year |
|
795
|
|
(2,541
)
|
|
|
|
|
|
|
NET CURRENT ASSETS (LIABILITIES) |
|
|
3,332
|
|
6,895
|
|
|
|
|
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
4,584
|
|
7,682
|
|
|
|
|
|
|
NET ASSETS |
|
|
4,584
|
|
7,682
|
|
|
|
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
3
|
|
100
|
|
100
|
Profit and Loss Account |
|
|
4,484
|
|
7,582
|
|
|
|
|
|
|
SHAREHOLDERS' FUNDS |
|
|
4,584
|
|
7,682
|
|
|
|
|
|
|
For the year ending 28 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
-
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
Notes to the Abbreviated Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery |
33% on cost
|
Computer Equipment |
33% on cost
|
2.
Tangible Assets
|
|
Total |
Cost |
As at 1 March 2015 |
3,204
|
Additions |
1,878
|
|
|
As at 28 February 2016 |
5,082
|
|
|
Depreciation |
As at 1 March 2015 |
2,417
|
Provided during the period |
1,413
|
|
|
As at 28 February 2016 |
3,830
|
|
|
Net Book Value |
As at 28 February 2016 |
1,252
|
|
|
As at 1 March 2015 |
787
|
|
|
3.
Share Capital
|
Value |
Number |
2016 |
|
2015 |
Allotted, called up and fully paid |
£ |
|
£ |
|
£ |
Ordinary shares
|
1.000
|
100
|
100
|
|
100
|
|
|
|
|
|
|
|
4.
Transactions With and Loans to Directors
Dividends paid to directors
|
2016 |
2015 |
|
£ |
£ |
Mr Mark Ramprakash |
6,300
|
24,300
|
Page 1
5.
Ultimate Controlling Party
The company's ultimate controlling party is Mr M Ramprakash by virtue of his ownership of 60% of the issued share capital in the company.
Page 2