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REGISTERED NUMBER: 00425425 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

RANSOME TRUST LIMITED

RANSOME TRUST LIMITED (REGISTERED NUMBER: 00425425)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RANSOME TRUST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: J H Simmons
R W H Barker
J M Owen





REGISTERED OFFICE: 103 Argentia Place
Portishead
Bristol
BS20 7QS





REGISTERED NUMBER: 00425425 (England and Wales)





AUDITORS: Carter & Coley Limited
Chartered Accountants and Statutory Auditor
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

RANSOME TRUST LIMITED (REGISTERED NUMBER: 00425425)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 168,850 220,835

CURRENT ASSETS
Debtors 5 60,497 20,462

CREDITORS
Amounts falling due within one year 6 920 880
NET CURRENT ASSETS 59,577 19,582
TOTAL ASSETS LESS CURRENT
LIABILITIES

228,427

240,417

CAPITAL AND RESERVES
Called up share capital 7 880 880
Capital redemption reserve 8 120 120
Retained earnings 8 227,427 239,417
SHAREHOLDERS' FUNDS 228,427 240,417

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 May 2024 and were signed on its behalf by:





J H Simmons - Director


RANSOME TRUST LIMITED (REGISTERED NUMBER: 00425425)

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


1. STATUTORY INFORMATION

Ransome Trust 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Fixed asset investments
Investments are stated at cost less provision for impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

RANSOME TRUST LIMITED (REGISTERED NUMBER: 00425425)

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


4. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST
At 1 January 2023 220,835
Disposals (51,985 )
At 31 December 2023 168,850
NET BOOK VALUE
At 31 December 2023 168,850
At 31 December 2022 220,835

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 60,497 20,462

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Accruals and deferred income 920 880

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
880 Ordinary 1 880 880

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 January 2023 239,417 120 239,537
Deficit for the year (11,990 ) (11,990 )
At 31 December 2023 227,427 120 227,547

RANSOME TRUST LIMITED (REGISTERED NUMBER: 00425425)

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


9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew A Clark FCA (Senior Statutory Auditor)
for and on behalf of Carter & Coley Limited

10. RELATED PARTY DISCLOSURES

The Slavanka Trust

The parent company of Ransome Trust Ltd.

During the period the company provided a loan to The Slavanka Trust of £60,497 (2022 - £20,462). This balance is shown in other debtors repayable within one year. It is interest free and repayable on demand.

11. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

12. ULTIMATE PARENT COMPANY

The ultimate parent undertaking of the company is The Slavanka Trust, an incorporated charity in England and Wales. The Slavanka Trust's registered office address is 103 Argentia Place, Portishead, Bristol, BS20 7QS.