James Ranson Limited 07884831 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of business support services. Digita Accounts Production Advanced 6.30.9574.0 true 07884831 2022-04-01 2023-03-31 07884831 2023-03-31 07884831 core:RetainedEarningsAccumulatedLosses 2023-03-31 07884831 core:ShareCapital 2023-03-31 07884831 core:SharePremium 2023-03-31 07884831 core:CurrentFinancialInstruments 2023-03-31 07884831 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07884831 bus:SmallEntities 2022-04-01 2023-03-31 07884831 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 07884831 bus:FullAccounts 2022-04-01 2023-03-31 07884831 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 07884831 bus:RegisteredOffice 2022-04-01 2023-03-31 07884831 bus:Director1 2022-04-01 2023-03-31 07884831 bus:Director2 2022-04-01 2023-03-31 07884831 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 07884831 countries:AllCountries 2022-04-01 2023-03-31 07884831 2021-04-01 2022-03-31 07884831 2022-03-31 07884831 core:RetainedEarningsAccumulatedLosses 2022-03-31 07884831 core:ShareCapital 2022-03-31 07884831 core:SharePremium 2022-03-31 07884831 core:CurrentFinancialInstruments 2022-03-31 07884831 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 07884831

James Ranson Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

James Ranson Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

James Ranson Limited

Company Information

Directors

Mr J G Ranson

Mr J J J Ranson

Registered office

Rough Hill
Church Lench
Evesham
Worcestershire
WR11 4UH

Accountants

Ballards LLP
Chartered Accountants
Oakmoore Court
11C Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH

 

James Ranson Limited

(Registration number: 07884831)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

2,610

2,610

Creditors: Amounts falling due within one year

5

(2,008)

(754)

Net assets

 

602

1,856

Capital and reserves

 

Called up share capital

120

120

Share premium reserve

17,980

17,980

Profit and loss account

(17,498)

(16,244)

Shareholders' funds

 

602

1,856

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 1 November 2023 and signed on its behalf by:
 

.........................................
Mr J J J Ranson
Director

   
 

James Ranson Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Rough Hill
Church Lench
Evesham
Worcestershire
WR11 4UH

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance


These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

James Ranson Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Debtors

2023
£

2022
£

Other debtors

2,610

2,610

2,610

2,610

5

Creditors

2023
£

2022
£

Due within one year

Amounts owed to related parties

1,508

254

Other creditors

500

500

2,008

754