Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2022-05-30falseNo description of principal activity2314true 13285773 2022-05-30 2023-05-31 13285773 2021-05-30 2022-05-29 13285773 2023-05-31 13285773 2022-05-29 13285773 c:Director1 2022-05-30 2023-05-31 13285773 d:Buildings 2022-05-30 2023-05-31 13285773 d:Buildings 2023-05-31 13285773 d:Buildings 2022-05-29 13285773 d:Buildings d:OwnedOrFreeholdAssets 2022-05-30 2023-05-31 13285773 d:Buildings d:ShortLeaseholdAssets 2022-05-30 2023-05-31 13285773 d:Buildings d:ShortLeaseholdAssets 2023-05-31 13285773 d:Buildings d:ShortLeaseholdAssets 2022-05-29 13285773 d:PlantMachinery 2022-05-30 2023-05-31 13285773 d:PlantMachinery 2023-05-31 13285773 d:PlantMachinery 2022-05-29 13285773 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-05-30 2023-05-31 13285773 d:FurnitureFittings 2022-05-30 2023-05-31 13285773 d:FurnitureFittings 2023-05-31 13285773 d:FurnitureFittings 2022-05-29 13285773 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-05-30 2023-05-31 13285773 d:ComputerEquipment 2022-05-30 2023-05-31 13285773 d:ComputerEquipment 2023-05-31 13285773 d:ComputerEquipment 2022-05-29 13285773 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-05-30 2023-05-31 13285773 d:OwnedOrFreeholdAssets 2022-05-30 2023-05-31 13285773 d:CurrentFinancialInstruments 2023-05-31 13285773 d:CurrentFinancialInstruments 2022-05-29 13285773 d:Non-currentFinancialInstruments 2023-05-31 13285773 d:Non-currentFinancialInstruments 2022-05-29 13285773 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13285773 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-29 13285773 d:ShareCapital 2023-05-31 13285773 d:ShareCapital 2022-05-29 13285773 d:RetainedEarningsAccumulatedLosses 2023-05-31 13285773 d:RetainedEarningsAccumulatedLosses 2022-05-29 13285773 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-05-31 13285773 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-05-29 13285773 c:FRS102 2022-05-30 2023-05-31 13285773 c:AuditExempt-NoAccountantsReport 2022-05-30 2023-05-31 13285773 c:FullAccounts 2022-05-30 2023-05-31 13285773 c:PrivateLimitedCompanyLtd 2022-05-30 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 13285773









LE RAMEUR LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2023

 
LE RAMEUR LTD
REGISTERED NUMBER: 13285773

BALANCE SHEET
AS AT 31 MAY 2023

31 May
29 May
2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
154,717
154,986

  
154,717
154,986

Current assets
  

Stocks
  
42,876
36,804

Debtors
 5 
67,317
40,165

Cash at bank and in hand
 6 
50,950
61,411

  
161,143
138,380

Creditors: amounts falling due within one year
 7 
(477,165)
(406,147)

Net current liabilities
  
 
 
(316,022)
 
 
(267,767)

Total assets less current liabilities
  
(161,305)
(112,781)

  

Net liabilities
  
(161,305)
(112,781)


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
(161,605)
(113,081)

  
(161,305)
(112,781)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


Page 1

 
LE RAMEUR LTD
REGISTERED NUMBER: 13285773
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2023



................................................
James Robert Lee
Director

Date: 20 February 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
LE RAMEUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

1.


General information

Le Rameur ltd is a private company, limited by shares, registered in England and Wales. The company's
registered number and registered office address are as below:
Registered number: 13285773
Registered office: C/O Pbsl The Courtyard, 14a Sydenham Road, Croydon, United Kingdom, CR0 2EE

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
LE RAMEUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Profit and loss account in the same period as the related expenditure.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
LE RAMEUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
10%
Short-term leasehold property
-
10%
Plant and machinery
-
25%
Fixtures and fittings
-
25%
Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
Page 5

 
LE RAMEUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)


2.12
Financial instruments (continued)

third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Investments in non-derivative instruments that are equity to the issuer are measured:
at fair value with changes recognised in the Profit and loss account if the shares are publicly traded or their fair value can otherwise be measured reliably;
at cost less impairment for all other investments.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and loss account.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or income as appropriate. The company does not currently apply hedge accounting for interest rate and foreign exchange derivatives.


3.


Employees

The average monthly number of employees, including directors, during the period was 23 (2022 - 14).

Page 6

 
LE RAMEUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

4.


Tangible fixed assets







Freehold property
Short-term leasehold property
Plant and machinery
Fixtures and fittings
Computer equipment

£
£
£
£
£



Cost or valuation


At 30 May 2022
13,821
11,095
39,306
103,151
11,338


Additions
-
-
2,492
40,216
1,110



At 31 May 2023

13,821
11,095
41,798
143,367
12,448



Depreciation


At 30 May 2022
917
834
6,354
13,011
2,609


Charge for the period on owned assets
1,382
1,056
9,923
27,805
3,921



At 31 May 2023

2,299
1,890
16,277
40,816
6,530



Net book value



At 31 May 2023
11,522
9,205
25,521
102,551
5,918



At 29 May 2022
12,904
10,261
32,952
90,140
8,729
Page 7

 
LE RAMEUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

           4.Tangible fixed assets (continued)


Total

£



Cost or valuation


At 30 May 2022
178,711


Additions
43,818



At 31 May 2023

222,529



Depreciation


At 30 May 2022
23,725


Charge for the period on owned assets
44,087



At 31 May 2023

67,812



Net book value



At 31 May 2023
154,717



At 29 May 2022
154,986


5.


Debtors

31 May
29 May
2023
2022
£
£

Due after more than one year

Other debtors
20,000
20,000

20,000
20,000

Due within one year

Trade debtors
27,889
3,000

Other debtors
1,350
-

Prepayments and accrued income
18,078
17,165

67,317
40,165


Page 8

 
LE RAMEUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

6.


Cash and cash equivalents

31 May
29 May
2023
2022
£
£

Cash at bank and in hand
50,950
61,411

50,950
61,411



7.


Creditors: Amounts falling due within one year

31 May
29 May
2023
2022
£
£

Other loans
10,000
10,000

Trade creditors
149,466
138,840

Amounts owed to group undertakings
-
966

Other taxation and social security
22,197
6,102

Other creditors
252,796
226,965

Accruals and deferred income
42,706
23,274

477,165
406,147



8.


Financial instruments

31 May
29 May
2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
50,950
61,411




Financial assets measured at fair value through profit or loss comprise...

 
Page 9