Abbreviated Company Accounts - RAMAR LIMITED

Registered Number 02897947

RAMAR LIMITED

Abbreviated Accounts

31 March 2014

RAMAR LIMITED Registered Number 02897947

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	10,356	10,703
		10,356	10,703
Current assets
Stocks		1,750	1,485
Debtors		4,339	32,600
Cash at bank and in hand		14,042	2,463
		20,131	36,548
Creditors: amounts falling due within one year		(44,589)	(68,312)
Net current assets (liabilities)		(24,458)	(31,764)
Total assets less current liabilities		(14,102)	(21,061)
Total net assets (liabilities)		(14,102)	(21,061)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(14,202)	(21,161)
Shareholders' funds		(14,102)	(21,061)

For the year ending 31 March 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 December 2014

And signed on their behalf by:
Mrs L. M. Diggins, Director

RAMAR LIMITED Registered Number 02897947

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
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:

Plant and Machinery - 15% Reducing balance
Computer Equipment - 33 1/3% Reducing balance
Motor Vehicles - 25% Reducing balance
Fixtures and Fittings - 15% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	31,026
Additions	1,479
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	32,505
Depreciation
At 1 April 2013	20,323
Charge for the year	1,826
On disposals	-
At 31 March 2014	22,149
Net book values
At 31 March 2014	10,356
At 31 March 2013	10,703