Ramsey Trading Limited,Ltd - AccountsLtd - Accounts

Ramsey Trading Limited,Ltd - AccountsLtd - Accounts

RAMSEY TRADING LIMITED - Company Information

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2016-05-01 04788166 2017-04-30 04788166 2016-05-01 2017-04-30 04788166 2016-04-30 04788166 2015-05-01 2016-04-30 04788166 uk-core:WithinOneYear 2016-04-30 04788166 uk-core:WithinOneYear 2017-04-30 04788166 uk-core:AfterOneYear 2016-04-30 04788166 uk-core:AfterOneYear 2017-04-30 04788166 uk-core:ShareCapital 2017-04-30 04788166 uk-core:ShareCapital 2016-04-30 04788166 uk-core:RetainedEarningsAccumulatedLosses 2017-04-30 04788166 uk-core:RetainedEarningsAccumulatedLosses 2016-04-30 04788166 uk-bus:Director1 2016-05-01 2017-04-30 04788166 uk-core:ToolsEquipment 2016-04-30 04788166 uk-core:CommercialMotorVehicles 2016-04-30 04788166 uk-core:PlantMachinery 2016-04-30 04788166 uk-core:PlantMachinery 2017-04-30 04788166 uk-core:CommercialMotorVehicles 2017-04-30 04788166 uk-core:ToolsEquipment 2017-04-30 04788166 uk-core:WithinOneYear 2017-04-30 04788166 uk-core:WithinOneYear 2016-04-30 iso4217:GBP 04788166 uk-bus:AuditExemptWithAccountantsReport 2016-05-01 2017-04-30 04788166 uk-bus:FRS102 2016-05-01 2017-04-30 04788166 uk-bus:FullAccounts 2016-05-01 2017-04-30 04788166 uk-bus:PrivateLimitedCompanyLtd 2016-05-01 2017-04-30
Ramsey Trading Limited
Registered Number:04788166
For the year ended 30 April 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2017
Ramsey Trading Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 April 2017
Ramsey Trading Limited
Statement of Financial Position
Registered Number :
04788166
£
£
2016
2017
Notes
Fixed assets
Intangible assets
17,540
17,540
Property, plant and equipment
21,507
21,507
2
39,047
39,047
Current assets
Inventories
9,704
7,801
7,801
9,704
Trade and other payables: amounts falling due within one
year
(36,192)
(33,340)
3
(26,488)
(25,539)
Net current liabilities
Total assets less current liabilities
13,508
12,559
Trade and other payables: amounts falling due after more
than one year
(2,392)
(2,392)
4
11,116
Net assets
10,167
Capital and reserves
Called up share capital
100
100
Retained earnings
11,016
10,067
11,116
10,167
Shareholders' funds
For the year ended 30 April 2017 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 of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
James Dempsey Director
These financial statements were approved and authorised for issue by the Board on 16 August 2017 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 April 2017
Ramsey Trading Limited
Notes to the Financial Statements
Statutory Information
Ramsey Trading Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04788166.
Registered address:
Suite 1 & 2, Business Centre
Hagley Golf & Country Club
Wassell Grove Lane
Hagley
DY9 9JW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 May 2016
21,507
1,348
16,939
3,220
At 30 April 2017
3,220
16,939
1,348
21,507
At 30 April 2017
Net book value
3,220
16,939
1,348
21,507
At 30 April 2016
3,220
16,939
1,348
21,507
2 of 3
5
For the year ended 30 April 2017
Ramsey Trading Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Bank loans and overdraft
1,767
6,317
Trade creditors
21,295
19,935
Taxation and social security
1,990
1,652
Other creditors
8,288
8,288
33,340
36,192
4. Trade and other payables: amounts falling due after more than one year
2016
2017
£
£
Other creditors
2,392
2,392
3 of 3