Company Registration No. 09573093 (England and Wales)
Ratatak Limited
Unaudited accounts
for the year ended 31 May 2024
Ratatak Limited
Unaudited accounts
Contents
Ratatak Limited
Company Information
for the year ended 31 May 2024
Director
Mr Jonathan Tunmore
Company Number
09573093 (England and Wales)
Registered Office
3 ST MARY VIEW CHURCH ROAD
FARNHAM
SAXMONDHAM
SUFFOLK
IP17 1GZ
UNITED KINGDOM
Accountants
ALMS Limited
12 Orchard Drive
West Walton
Cambs
PE14 7EZ
Ratatak Limited
Accountants' report
Accountants' report to the director of Ratatak Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Ratatak Limited for the year ended
31 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Ratatak Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Ratatak Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ratatak Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ratatak Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ratatak Limited. You consider that Ratatak 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 accounts of Ratatak 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 accounts.
ALMS Limited
12 Orchard Drive
West Walton
Cambs
PE14 7EZ
23 September 2024
Ratatak Limited
Statement of financial position
as at 31 May 2024
Tangible assets
350,881
281,898
Cash at bank and in hand
942
9,938
Creditors: amounts falling due within one year
(74,375)
(66,698)
Net current liabilities
(38,291)
(35,970)
Total assets less current liabilities
312,590
245,928
Creditors: amounts falling due after more than one year
(37,054)
(23,475)
Net assets
275,536
222,453
Called up share capital
100
100
Profit and loss account
275,436
222,353
Shareholders' funds
275,536
222,453
For the year ending 31 May 2024 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 23 September 2024 and were signed on its behalf by
Mr Jonathan Tunmore
Director
Company Registration No. 09573093
Ratatak Limited
Notes to the Accounts
for the year ended 31 May 2024
Ratatak Limited is a private company, limited by shares, registered in England and Wales, registration number 09573093. The registered office is 3 ST MARY VIEW CHURCH ROAD, FARNHAM, SAXMONDHAM, SUFFOLK, IP17 1GZ, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Motor vehicles
20% reducing balance
Other tangible fixed assets
0% on tractors
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
307,266
40,233
347,499
Additions
77,285
2,500
79,785
At 31 May 2024
384,551
42,733
427,284
At 1 June 2023
39,165
26,436
65,601
Charge for the year
7,542
3,260
10,802
At 31 May 2024
46,707
29,696
76,403
At 31 May 2024
337,844
13,037
350,881
At 31 May 2023
268,101
13,797
281,898
Ratatak Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
29,597
20,790
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,000
9,000
Obligations under finance leases and hire purchase contracts
16,429
16,626
Trade creditors
24,270
23,625
Taxes and social security
12,999
11,763
Loans from directors
3,445
4,984
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
25,731
4,124
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).