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REGISTERED NUMBER: 11123712 (England and Wales)












REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 NOVEMBER 2023

FOR

RANSON ESTATES LIMITED

RANSON ESTATES LIMITED (REGISTERED NUMBER: 11123712)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2023










Page

Company Information 1

Report of the Directors 2

Chartered Certified Accountants' Report 3

Income Statement 4

Statement of Financial Position 5

Notes to the Financial Statements 7


RANSON ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 NOVEMBER 2023







DIRECTORS: Mr P J Ranson
Mrs B Ranson





REGISTERED OFFICE: Hanham House Hanham Lane
Paulton
Bristol
BS39 7PF





REGISTERED NUMBER: 11123712 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

RANSON ESTATES LIMITED (REGISTERED NUMBER: 11123712)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 29 NOVEMBER 2023


The directors present their report with the financial statements of the company for the year ended 29 November 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of commercial lettings.

REVIEW OF BUSINESS
The results for the year and financial position of the company are as shown in the annexed financial statements.

DIVIDENDS
No dividends will be distributed for the year ended 29 November 2023.

DIRECTORS
The directors shown below have held office during the whole of the period from 30 November 2022 to the date of this report.

Mr P J Ranson
Mrs B Ranson

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

ON BEHALF OF THE BOARD:





Mr P J Ranson - Director


28 August 2024

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RANSON ESTATES LIMITED



In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ranson Estates Limited for the year ended 29 November 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Ranson Estates 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 Ranson Estates Limited and state those matters that we have agreed to state to the Board of Directors of Ranson Estates Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ranson Estates 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 Ranson Estates Limited. You consider that Ranson Estates 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 Ranson Estates 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.






Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE


28 August 2024

RANSON ESTATES LIMITED (REGISTERED NUMBER: 11123712)

INCOME STATEMENT
FOR THE YEAR ENDED 29 NOVEMBER 2023

Period
1.12.21
Year Ended to
29.11.23 29.11.22
Notes £    £   

TURNOVER 34,444 63,296

Cost of sales 1,509 912
GROSS PROFIT 32,935 62,384

Administrative expenses (7,176 ) 70,213
40,111 (7,829 )

Other operating income - 12
OPERATING PROFIT/(LOSS) 4 40,111 (7,817 )


Interest payable and similar expenses 1,570 17,522
PROFIT/(LOSS) BEFORE TAXATION 38,541 (25,339 )

Tax on profit/(loss) (253 ) (169 )
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

38,794

(25,170

)

RANSON ESTATES LIMITED (REGISTERED NUMBER: 11123712)

STATEMENT OF FINANCIAL POSITION
29 NOVEMBER 2023

29.11.23 29.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 533 1,333
Investment property 6 1,566,510 1,445,608
1,567,043 1,446,941

CURRENT ASSETS
Debtors 7 938 48,589
Cash at bank 208 299,327
1,146 347,916
CREDITORS
Amounts falling due within one year 8 1,338,787 1,319,578
NET CURRENT LIABILITIES (1,337,641 ) (971,662 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

229,402

475,279

CREDITORS
Amounts falling due after more than one year 9 (232,791 ) (517,209 )

PROVISIONS FOR LIABILITIES - (253 )
NET LIABILITIES (3,389 ) (42,183 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (3,390 ) (42,184 )
SHAREHOLDERS' FUNDS (3,389 ) (42,183 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 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.

RANSON ESTATES LIMITED (REGISTERED NUMBER: 11123712)

STATEMENT OF FINANCIAL POSITION - continued
29 NOVEMBER 2023


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

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:





Mr P J Ranson - Director


RANSON ESTATES LIMITED (REGISTERED NUMBER: 11123712)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2023


1. STATUTORY INFORMATION

Ranson Estates 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.
Fixtures and fittings - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

RANSON ESTATES LIMITED (REGISTERED NUMBER: 11123712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 NOVEMBER 2023


4. OPERATING PROFIT/(LOSS)

The operating profit (2022 - operating loss) is stated after charging:

Period
1.12.21
Year Ended to
29.11.23 29.11.22
£    £   
Depreciation - owned assets 800 800

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 30 November 2022
and 29 November 2023 4,000
DEPRECIATION
At 30 November 2022 2,667
Charge for year 800
At 29 November 2023 3,467
NET BOOK VALUE
At 29 November 2023 533
At 29 November 2022 1,333

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 November 2022 1,445,608
Additions 120,902
At 29 November 2023 1,566,510
NET BOOK VALUE
At 29 November 2023 1,566,510
At 29 November 2022 1,445,608

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.11.23 29.11.22
£    £   
Other debtors - 47,804
Prepayments 938 785
938 48,589

RANSON ESTATES LIMITED (REGISTERED NUMBER: 11123712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 NOVEMBER 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.11.23 29.11.22
£    £   
Bank loans and overdrafts 11,579 11,503
Trade creditors 17,801 7,308
Taxation and social security 20,049 19,421
Other creditors 1,289,358 1,281,346
1,338,787 1,319,578

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.11.23 29.11.22
£    £   
Bank loans 232,791 242,209
Other creditors - 275,000
232,791 517,209

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 186,779 196,197
Other loans more 5yrs instal - 275,000
186,779 471,197

10. ULTIMATE CONTROLLING PARTY

Wildcat Holdings Limited was the ultimate controlling party.