Company Registration No. SC655770 (Scotland)
RAM Property Services Limited
Unaudited accounts
for the year ended 29 February 2024
RAM Property Services Limited
Unaudited accounts
Contents
RAM Property Services Limited
Company Information
for the year ended 29 February 2024
Directors
Mark Dobbin
Ross Mulgrew
Company Number
SC655770 (Scotland)
Registered Office
49 JOHN FINNIE STREET
C/O MYVO LTD F4
KILMARNOCK
EAST AYRSHIRE
KA1 1EE
UNITED KINGDOM
Accountants
MYVO Ltd
49 John Finnie Street
Kilmarnock
East Ayrshire
KA1 1EE
RAM Property Services Limited
Statement of financial position
as at 29 February 2024
Tangible assets
39,146
22,302
Cash at bank and in hand
(29,589)
(8,013)
Creditors: amounts falling due within one year
(14,769)
(34,885)
Net current assets/(liabilities)
96,228
(8,434)
Profit and loss account
135,374
13,868
Shareholders' funds
135,374
13,868
For the year ending 29 February 2024 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2024 and were signed on its behalf by
Mark Dobbin
Director
Company Registration No. SC655770
RAM Property Services Limited
Notes to the Accounts
for the year ended 29 February 2024
RAM Property Services Limited is a private company, limited by shares, registered in Scotland, registration number SC655770. The registered office is 49 JOHN FINNIE STREET, C/O MYVO LTD F4, KILMARNOCK, EAST AYRSHIRE, KA1 1EE, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
straight line method
Motor vehicles
straight line method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
383
42,583
42,966
At 29 February 2024
19,473
42,583
62,056
At 1 March 2023
415
20,249
20,664
Charge for the year
2,246
-
2,246
At 29 February 2024
2,661
20,249
22,910
At 29 February 2024
16,812
22,334
39,146
At 28 February 2023
(32)
22,334
22,302
RAM Property Services Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
53,564
2,358
Other debtors
87,022
32,106
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
54
1,749
Other creditors
(9,486)
29,403
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).