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REGISTERED NUMBER: 10424871 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

RAMOSTRADE LTD

RAMOSTRADE LTD (REGISTERED NUMBER: 10424871)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAMOSTRADE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Ms M C Ramos Perez





REGISTERED OFFICE: 55 Loudoun Road
London
NW8 0DL





REGISTERED NUMBER: 10424871 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

RAMOSTRADE LTD (REGISTERED NUMBER: 10424871)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,277 17,372

CURRENT ASSETS
Debtors 5 43,080 79,820
Cash at bank 6,978 33,486
50,058 113,306
CREDITORS
Amounts falling due within one year 6 (156,736 ) (263,862 )
NET CURRENT LIABILITIES (106,678 ) (150,556 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(100,401

)

(133,184

)

CREDITORS
Amounts falling due after more than one year 7 (180,615 ) (187,510 )
NET LIABILITIES (281,016 ) (320,694 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (281,116 ) (320,794 )
SHAREHOLDERS' FUNDS (281,016 ) (320,694 )

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 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.

RAMOSTRADE LTD (REGISTERED NUMBER: 10424871)

BALANCE SHEET - 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 director and authorised for issue on 21 June 2024 and were signed by:





Ms M C Ramos Perez - Director


RAMOSTRADE LTD (REGISTERED NUMBER: 10424871)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Ramostrade Ltd 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.

The director reports net current liabilities of £106,678 (2022: £150,556) at the year end and confirms her continued support for the company for the foreseeable future. On this basis the company's financial statements have been prepared on a going concern basis.

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.
Short leasehold - evenly over the period of the lease
Plant and machinery - 33% on cost
Fixtures and fittings - evenly over the period of the lease
Computer equipment - 25% on reducing balance

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 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.

RAMOSTRADE LTD (REGISTERED NUMBER: 10424871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 11,191 207,934 67,101 8,560 294,786
Additions - - 64 - 64
At 31 October 2023 11,191 207,934 67,165 8,560 294,850
DEPRECIATION
At 1 November 2022 10,331 207,934 52,256 6,893 277,414
Charge for year 860 - 9,882 417 11,159
At 31 October 2023 11,191 207,934 62,138 7,310 288,573
NET BOOK VALUE
At 31 October 2023 - - 5,027 1,250 6,277
At 31 October 2022 860 - 14,845 1,667 17,372

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 4,209 8,805
Other debtors 38,871 71,015
43,080 79,820

RAMOSTRADE LTD (REGISTERED NUMBER: 10424871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 10,648 25,351
Trade creditors 57,354 41,534
Taxation and social security 14,248 32,321
Other creditors 74,486 164,656
156,736 263,862

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 22,491 33,140
Other creditors 158,124 154,370
180,615 187,510

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 1,195

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.10.23 31.10.22
£    £   
Within one year - 4,910
Between one and five years - 988
- 5,898

9. SECURED DEBTS

The following secured debts are included within creditors:

31.10.23 31.10.22
£    £   
Bank loans 33,139 58,491

RAMOSTRADE LTD (REGISTERED NUMBER: 10424871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary £1 100 100