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REGISTERED NUMBER: 07419251 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

RAMEK LIMITED

RAMEK LIMITED (REGISTERED NUMBER: 07419251)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAMEK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mr A P Charalambous
Mrs M Charalambous





SECRETARY: Mrs M Charalambous





REGISTERED OFFICE: Park House
16-18 Finsbury Circus
London
EC2M 7EB





REGISTERED NUMBER: 07419251 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

RAMEK LIMITED (REGISTERED NUMBER: 07419251)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 722 963
Investments 5 974,797 119,797
975,519 120,760

CURRENT ASSETS
Debtors 6 475,231 365,079
Cash at bank 10,522 9,733
485,753 374,812
CREDITORS
Amounts falling due within one year 7 510,565 16,312
NET CURRENT (LIABILITIES)/ASSETS (24,812 ) 358,500
TOTAL ASSETS LESS CURRENT
LIABILITIES

950,707

479,260

CREDITORS
Amounts falling due after more than one
year

8

15,400

24,640
NET ASSETS 935,307 454,620

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 935,207 454,520
SHAREHOLDERS' FUNDS 935,307 454,620

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

RAMEK LIMITED (REGISTERED NUMBER: 07419251)

BALANCE SHEET - continued
31 OCTOBER 2023


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 31 October 2024 and were signed on its behalf by:





Mr A P Charalambous - Director


RAMEK LIMITED (REGISTERED NUMBER: 07419251)

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


1. STATUTORY INFORMATION

Ramek 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 represents amounts derived from the trading of financial assets during the year, and is recognised at the date the trade completed. This is stated after trade discounts 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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

RAMEK LIMITED (REGISTERED NUMBER: 07419251)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 4,000 1,532 5,532
DEPRECIATION
At 1 November 2022 3,466 1,103 4,569
Charge for year 134 107 241
At 31 October 2023 3,600 1,210 4,810
NET BOOK VALUE
At 31 October 2023 400 322 722
At 31 October 2022 534 429 963

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 November 2022 100 119,697 119,797
Additions - 855,000 855,000
At 31 October 2023 100 974,697 974,797
NET BOOK VALUE
At 31 October 2023 100 974,697 974,797
At 31 October 2022 100 119,697 119,797

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors - 15,066
Amounts due by related parties 475,231 350,013
475,231 365,079

RAMEK LIMITED (REGISTERED NUMBER: 07419251)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 9,240 9,240
Trade creditors 3,619 3,072
Social security and other taxes 238 568
Amount due to related party 493,900 -
Directors' current accounts 568 228
Accrued expenses 3,000 3,204
510,565 16,312

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 9,240 9,240
Bank loans - 2-5 years 6,160 15,400
15,400 24,640

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary £1 100 100