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REGISTERED NUMBER: 00539560 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Ramsden Trading Company Limited

Ramsden Trading Company Limited (Registered number: 00539560)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Ramsden Trading Company Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: R S Holgate
T L Holgate





SECRETARY: R S Holgate





REGISTERED OFFICE: Sandals Mill
Cliffe Avenue
Baildon
Bradford
West Yorkshire
BD17 6PB





REGISTERED NUMBER: 00539560 (England and Wales)





ACCOUNTANTS: Baker Fox Limited
Chartered Accountants
Owl Cotes Barn
Low Lane
Cowling
Keighley
West Yorkshire
BD22 0LE

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Ramsden Trading Company Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ramsden Trading Company Limited for the year ended 31 October 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ramsden Trading Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ramsden Trading Company Limited and state those matters that we have agreed to state to the Board of Directors of Ramsden Trading Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ramsden Trading Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ramsden Trading Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ramsden Trading Company Limited. You consider that Ramsden Trading Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ramsden Trading Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Baker Fox Limited
Chartered Accountants
Owl Cotes Barn
Low Lane
Cowling
Keighley
West Yorkshire
BD22 0LE


11 July 2024

Ramsden Trading Company Limited (Registered number: 00539560)

Statement of Financial Position
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,540 27,500

CURRENT ASSETS
Stocks 903,108 871,586
Debtors 5 1,184,505 1,142,440
Cash at bank 139,530 175,183
2,227,143 2,189,209
CREDITORS
Amounts falling due within one year 6 1,554,555 1,449,729
NET CURRENT ASSETS 672,588 739,480
TOTAL ASSETS LESS CURRENT
LIABILITIES

694,128

766,980

CREDITORS
Amounts falling due after more than one year 7 (17,500 ) (27,500 )

PROVISIONS FOR LIABILITIES (5,385 ) (6,875 )
NET ASSETS 671,243 732,605

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings 621,243 682,605
SHAREHOLDERS' FUNDS 671,243 732,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Ramsden Trading Company Limited (Registered number: 00539560)

Statement of Financial Position - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2024 and were signed on its behalf by:





R S Holgate - Director


Ramsden Trading Company Limited (Registered number: 00539560)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Ramsden Trading Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Operating leases
Rentals under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2022 - 46 ) .

Ramsden Trading Company Limited (Registered number: 00539560)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 207,471
Additions 1,017
At 31 October 2023 208,488
DEPRECIATION
At 1 November 2022 179,971
Charge for year 6,977
At 31 October 2023 186,948
NET BOOK VALUE
At 31 October 2023 21,540
At 31 October 2022 27,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 165,263 323,484
Amounts owed by group undertakings 721,208 711,052
Amounts owed by associates 260,354 85,269
Other debtors 37,680 22,635
1,184,505 1,142,440

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 624,861 482,343
Amounts owed to group undertakings 783,912 713,830
Amounts owed to associates - 62,967
Taxation and social security 41,052 96,888
Other creditors 94,730 83,701
1,554,555 1,449,729

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 17,500 27,500

Ramsden Trading Company Limited (Registered number: 00539560)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 27,500 37,500

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £96,000 (2022: £118,000).

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The company leases premises from a pension scheme of which the directors are members. The rent payable is at a commercial rate of £23,000 p.a. (2022: £23,000). The remaining lease term is for a period between two and five years.