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REGISTERED NUMBER: 12682933 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2023

FOR

G E RAMSEY (CHADWICK) LIMITED

G E RAMSEY (CHADWICK) LIMITED (REGISTERED NUMBER: 12682933)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G E RAMSEY (CHADWICK) LIMITED

COMPANY INFORMATION
for the Year Ended 30th June 2023







DIRECTOR: Mrs E C Underhill





REGISTERED OFFICE: Reedham House
31-33 King St West
Manchester
M3 2PN





REGISTERED NUMBER: 12682933 (England and Wales)





ACCOUNTANTS: KJG
100 Barbirolli Square
Manchester
M2 3BD

G E RAMSEY (CHADWICK) LIMITED (REGISTERED NUMBER: 12682933)

BALANCE SHEET
30th June 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 380,000 380,000

CURRENT ASSETS
Debtors 5 1,433 901
Cash at bank 3,460 3,004
4,893 3,905
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

(108,706

)

(409,632

)
NET CURRENT LIABILITIES (103,813 ) (405,727 )
TOTAL ASSETS LESS CURRENT LIABILITIES 276,187 (25,727 )

CREDITORS: AMOUNTS FALLING DUE AFTER
MORE THAN ONE YEAR

7

(332,939

)

-
NET LIABILITIES (56,752 ) (25,727 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (56,852 ) (25,827 )
SHAREHOLDERS' FUNDS (56,752 ) (25,727 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

G E RAMSEY (CHADWICK) LIMITED (REGISTERED NUMBER: 12682933)

BALANCE SHEET - continued
30th June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th March 2024 and were signed by:





Mrs E C Underhill - Director


G E RAMSEY (CHADWICK) LIMITED (REGISTERED NUMBER: 12682933)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th June 2023


1. STATUTORY INFORMATION

G E Ramsey (Chadwick) Limited is a private company, limited by share capital, registered in England and Wales, registration number 12682933. The address of the registered office and principal place of business is Reedham House, 31-33 King St West, Manchester, M3 2PN.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The concept of going concern is an underlying assumption in the production of financial statements. As there are considerable net liabilities there is a question mark over going concern. Although there is no formal agreement in place the director has indicated he will continue to provide financial support to the company for at least 12 months from the date of these accounts.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents amounts recognised by the company in respect of rental services supplied. Turnover principally consists of property rental, which is recognised at the point of which the services are provided.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

G E RAMSEY (CHADWICK) LIMITED (REGISTERED NUMBER: 12682933)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th June 2023


2. ACCOUNTING POLICIES - continued

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the
effective interest method, less impairment losses for bad and doubtful debts except where the effect of
discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for
bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash at bank
Cash and cash equivalents comprise cash at bank and in hand.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st July 2022
and 30th June 2023 380,000
NET BOOK VALUE
At 30th June 2023 380,000
At 30th June 2022 380,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Called up share capital not paid 100 100
Prepayments 1,333 801
1,433 901

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 248,557
Other creditors 106,990 159,755
Accruals and deferred income 1,716 1,320
108,706 409,632

G E RAMSEY (CHADWICK) LIMITED (REGISTERED NUMBER: 12682933)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th June 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 332,939 -

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Together Finance Limited 322,940 240,500

The loan from Together Finance Limited is secured against the property of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary shares £1.00 100 100

10. RELATED PARTY DISCLOSURES

At the year end, a company related by Director was owed £2,559.92 (2022 - £19,724.92).

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs E C Underhill.