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REGISTERED NUMBER: 01595594 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

RANCO COMMERCIAL AND EXPORT SERVICES
LIMITED

RANCO COMMERCIAL AND EXPORT SERVICES
LIMITED (REGISTERED NUMBER: 01595594)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RANCO COMMERCIAL AND EXPORT SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: Mr E M H Ranson
Mrs J S Ranson





SECRETARY: Mrs J S Ranson





REGISTERED OFFICE: Hillcrest
Main Street
Grindleton
Clitheroe
Lancashire
BB7 4QT





REGISTERED NUMBER: 01595594 (England and Wales)





ACCOUNTANTS: Ainsworths Limited
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

RANCO COMMERCIAL AND EXPORT SERVICES
LIMITED (REGISTERED NUMBER: 01595594)

BALANCE SHEET
30TH APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 73 272

CURRENT ASSETS
Debtors 5 3,100 574
Cash at bank 1,292 2,348
4,392 2,922
CREDITORS
Amounts falling due within one year 6 2,094 2,860
NET CURRENT ASSETS 2,298 62
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,371

334

PROVISIONS FOR LIABILITIES 14 52
NET ASSETS 2,357 282

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,257 182
SHAREHOLDERS' FUNDS 2,357 282

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

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

RANCO COMMERCIAL AND EXPORT SERVICES
LIMITED (REGISTERED NUMBER: 01595594)

BALANCE SHEET - continued
30TH APRIL 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 29th November 2024 and were signed on its behalf by:





Mr E M H Ranson - Director


RANCO COMMERCIAL AND EXPORT SERVICES
LIMITED (REGISTERED NUMBER: 01595594)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024


1. STATUTORY INFORMATION

Ranco Commercial and Export Services 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 invoiced sales of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

RANCO COMMERCIAL AND EXPORT SERVICES
LIMITED (REGISTERED NUMBER: 01595594)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st May 2023 2,529
Disposals (988 )
At 30th April 2024 1,541
DEPRECIATION
At 1st May 2023 2,257
Charge for year 199
Eliminated on disposal (988 )
At 30th April 2024 1,468
NET BOOK VALUE
At 30th April 2024 73
At 30th April 2023 272

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 435 400
Other debtors 2,665 174
3,100 574

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 732 510
Other creditors 1,362 2,350
2,094 2,860