Company Registration No. 10108432 (England and Wales)
Ram Online Limited
Unaudited accounts
for the year ended 31 July 2023
Ram Online Limited
Unaudited accounts
Contents
Ram Online Limited
Company Information
for the year ended 31 July 2023
Company Number
10108432 (England and Wales)
Registered Office
UNIT 11 APEX PARK
FRASERFIELDS WAY
LEIGHTON BUZZARD
BEDFORDSHIRE
LU7 3RE
UNITED KINGDOM
Accountants
QUANTUM UK BUSINESS SOLUTIONS LIMITED
Chartered Certified Accountants
Regus, Breakspear Park, Breakspear Way,
Hemel Hempstead
Hertfordshire
HP2 4TZ
Ram Online Limited
Statement of financial position
as at 31 July 2023
Tangible assets
30,610
5,079
Inventories
433,600
383,948
Cash at bank and in hand
33,924
346,832
Creditors: amounts falling due within one year
(521,420)
(888,371)
Net current assets
320,871
517,994
Total assets less current liabilities
351,481
523,073
Creditors: amounts falling due after more than one year
(47,693)
(64,187)
Provisions for liabilities
Net assets
302,823
457,921
Called up share capital
100
100
Profit and loss account
302,723
457,821
Shareholders' funds
302,823
457,921
For the year ending 31 July 2023 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 director acknowledges her 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 and authorised for issue on 19 April 2024 and were signed on its behalf by
Debbie Dey
Director
Company Registration No. 10108432
Ram Online Limited
Notes to the Accounts
for the year ended 31 July 2023
Ram Online Limited is a private company, limited by shares, registered in England and Wales, registration number 10108432. The registered office is UNIT 11 APEX PARK, FRASERFIELDS WAY, LEIGHTON BUZZARD, BEDFORDSHIRE, LU7 3RE, 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.
These financial statements for the year ended 31 July 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
8,525
2,345
4,578
15,448
Additions
-
-
27,866
27,866
At 31 July 2023
8,525
2,345
32,444
43,314
At 1 August 2022
4,262
2,344
3,763
10,369
Charge for the year
2,131
-
204
2,335
At 31 July 2023
6,393
2,344
3,967
12,704
At 31 July 2023
2,132
1
28,477
30,610
At 31 July 2022
4,263
1
815
5,079
Ram Online Limited
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
23,124
452,379
Accrued income and prepayments
9,897
-
Other debtors
341,746
223,206
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
267,457
246,781
Trade creditors
158,429
113,856
Taxes and social security
81,830
514,952
Other creditors
13,704
10,782
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 6 (2022: 5).