RAMAGE YOUNG DESIGN LTD

Company Registration Number:
SC462410 (Scotland)

Unaudited abridged accounts for the year ended 31 October 2021

Period of accounts

Start date: 01 November 2020

End date: 31 October 2021

RAMAGE YOUNG DESIGN LTD

Contents of the Financial Statements

for the Period Ended 31 October 2021

Balance sheet
Notes

RAMAGE YOUNG DESIGN LTD

Balance sheet

As at 31 October 2021


Notes

2021

2020


£

£
Fixed assets
Tangible assets: 3 12,942 3,728
Total fixed assets: 12,942 3,728
Current assets
Stocks: 123,335 119,516
Debtors:   691,058 732,781
Cash at bank and in hand: 100,809 152,969
Total current assets: 915,202 1,005,266
Creditors: amounts falling due within one year:   (486,283) (573,335)
Net current assets (liabilities): 428,919 431,931
Total assets less current liabilities: 441,861 435,659
Total net assets (liabilities): 441,861 435,659
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 441,761 435,559
Shareholders funds: 441,861 435,659

The notes form part of these financial statements

RAMAGE YOUNG DESIGN LTD

Balance sheet statements

For the year ending 31 October 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 August 2022
and signed on behalf of the board by:

Name: John G Ramage
Status: Director

The notes form part of these financial statements

RAMAGE YOUNG DESIGN LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover shown in the Profit and Loss Account represents amounts invoiced during the period, exclusive of Value Added Tax.

RAMAGE YOUNG DESIGN LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

2. Employees

2021 2020
Average number of employees during the period 24 24

RAMAGE YOUNG DESIGN LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

3. Tangible Assets

Total
Cost £
At 01 November 2020 53,958
Additions 16,735
At 31 October 2021 70,693
Depreciation
At 01 November 2020 50,230
Charge for year 7,521
At 31 October 2021 57,751
Net book value
At 31 October 2021 12,942
At 31 October 2020 3,728