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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
Page
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Ronald James Ltd Company Information for the year ended 31 October 2023
Director
Blackwell, James
Company Number
09824756 (England and Wales)
Registered Office
Northumbria House Samson Close Killingworth Tyne & Wear NE12 6DX
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Ronald James Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,398 
27,932 
Current assets
Debtors
209,619 
462,275 
Cash at bank and in hand
223,776 
216,007 
433,395 
678,282 
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 
Capital and reserves
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
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Ronald James Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Depreciation
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 
Net book value
At 31 October 2023
19,375 
- 
1,023 
20,398 
At 31 October 2022
23,250 
- 
4,682 
27,932 
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Ronald James Ltd Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
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 
209,619 
462,275 
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 
Accruals
6,230 
17,008 
Deferred income
15,937 
26,867 
191,785 
295,267 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
48,739 
127,439 
8
Share capital
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 
140 
140 
9
Average number of employees
During the year the average number of employees was 9 (2022: 9).
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