Company Registration No. 09824756 (England and Wales)
Ronald James Ltd
Unaudited accounts
for the year ended 31 October 2023
Ronald James Ltd
Unaudited accounts
Contents
Ronald James Ltd
Company Information
for the year ended 31 October 2023
Company Number
09824756 (England and Wales)
Registered Office
Northumbria House
Samson Close
Killingworth
Tyne & Wear
NE12 6DX
Ronald James Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
20,398
27,932
Cash at bank and in hand
223,776
216,007
Creditors: amounts falling due within one year
(191,785)
(295,267)
Net current assets
241,610
383,015
Total assets less current liabilities
262,008
410,947
Creditors: amounts falling due after more than one year
(48,739)
(127,439)
Net assets
213,269
283,508
Called up share capital
140
140
Profit and loss account
213,129
283,368
Shareholders' funds
213,269
283,508
For the year ending 31 October 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 his 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 22 July 2024 and were signed on its behalf by
Blackwell, James
Director
Company Registration No. 09824756
Ronald James Ltd
Notes to the Accounts
for the year ended 31 October 2023
Ronald James Ltd is a private company, limited by shares, registered in England and Wales, registration number 09824756. The registered office is Northumbria House, Samson Close, Killingworth, Tyne & Wear, NE12 6DX.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line over 10 years
Motor vehicles
Straight line over 5 years
Fixtures & fittings
Straight line over 3 years
Computer equipment
Straight line over 3 years
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
38,750
83,337
27,978
150,065
At 31 October 2023
38,750
83,337
27,978
150,065
At 1 November 2022
15,500
83,337
23,296
122,133
Charge for the year
3,875
-
3,659
7,534
At 31 October 2023
19,375
83,337
26,955
129,667
At 31 October 2023
19,375
-
1,023
20,398
At 31 October 2022
23,250
-
4,682
27,932
Ronald James Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
81,911
54,834
Accrued income and prepayments
22,702
77,093
Other debtors
105,006
330,348
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
68,783
68,783
Trade creditors
3,671
25,708
Taxes and social security
88,258
137,261
Other creditors
8,906
19,640
Deferred income
15,937
26,867
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
40 B Ordinary shares of £1 each
40
40
9
Average number of employees
During the year the average number of employees was 9 (2022: 9).