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REGISTERED NUMBER: 01801799 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Ralf Stanley Ltd

Ralf Stanley Ltd (Registered number: 01801799)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ralf Stanley Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: R C Shand
S J Shand





REGISTERED OFFICE: Fulling Mill Cottage
Caring Lane
Leeds
Maidstone
Kent
ME17 1TJ





REGISTERED NUMBER: 01801799 (England and Wales)





ACCOUNTANTS: Brightling & Co Accountants Ltd
Vine Hall Farm
Bethersden
Ashford
Kent
TN26 3JY

Ralf Stanley Ltd (Registered number: 01801799)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,626 4,361
Investment property 5 625,000 625,000
628,626 629,361

CURRENT ASSETS
Debtors 6 1,908 303,719
Cash at bank and in hand 2,351,056 2,340,292
2,352,964 2,644,011
CREDITORS
Amounts falling due within one year 7 15,384 288,062
NET CURRENT ASSETS 2,337,580 2,355,949
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,966,206

2,985,310

PROVISIONS FOR LIABILITIES 15,336 15,520
NET ASSETS 2,950,870 2,969,790

CAPITAL AND RESERVES
Called up share capital 10,700 10,700
Capital redemption reserve 11,800 11,800
Fair value reserve 8 94,575 94,575
Retained earnings 2,833,795 2,852,715
2,950,870 2,969,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Ralf Stanley Ltd (Registered number: 01801799)

Balance Sheet - continued
30 June 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by:





R C Shand - Director


Ralf Stanley Ltd (Registered number: 01801799)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Ralf Stanley Ltd 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.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 8 ) .

Ralf Stanley Ltd (Registered number: 01801799)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 27,766
DEPRECIATION
At 1 July 2023 23,405
Charge for year 735
At 30 June 2024 24,140
NET BOOK VALUE
At 30 June 2024 3,626
At 30 June 2023 4,361

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 625,000
NET BOOK VALUE
At 30 June 2024 625,000
At 30 June 2023 625,000

Investment property was revalued as at 30 June 2018. An independent valuation has not been carried out during the year. The directors consider this value to be a fair value as at 30 June 2024 by reference to market evidence of transaction prices for similar properties.The historical cost of the investment properties is £523,445.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 2,094
Other debtors 1,908 301,625
1,908 303,719

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 17,025
Taxation and social security 4,048 266,587
Other creditors 11,336 4,450
15,384 288,062

Ralf Stanley Ltd (Registered number: 01801799)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. RESERVES
Fair
value
reserve
£   
At 1 July 2023
and 30 June 2024 94,575

9. RELATED PARTY DISCLOSURES

During the year the outstanding balance on the directors loan account as at 30 June 2023 of £5,748 was fully repaid.

Dividends paid to shareholders during the year to 30 June 2024 were £26,865 (2023 - £14,000).