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REGISTERED NUMBER: 00288362 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

RAMSTER ESTATE LIMITED

RAMSTER ESTATE LIMITED (REGISTERED NUMBER: 00288362)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAMSTER ESTATE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Ms R M Glaister
M E M Glaister
P M Gunn
Ms M R Gunn
M C Gunn





REGISTERED OFFICE: Ramster
Petworth Road
Chiddingfold
Godalming
Surrey
GU8 4SN





REGISTERED NUMBER: 00288362 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

RAMSTER ESTATE LIMITED (REGISTERED NUMBER: 00288362)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 3,531,933 3,540,782
Investments 4 312 312
3,532,245 3,541,094

CURRENT ASSETS
Stocks 5 2,000 2,000
Debtors 6 20,773 34,858
Cash at bank and in hand 83,499 53,402
106,272 90,260
CREDITORS
Amounts falling due within one year 7 283,341 211,496
NET CURRENT LIABILITIES (177,069 ) (121,236 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,355,176

3,419,858

CREDITORS
Amounts falling due after more than one
year

8

(209,091

)

(234,829

)

PROVISIONS FOR LIABILITIES (20,949 ) (22,947 )
NET ASSETS 3,125,136 3,162,082

CAPITAL AND RESERVES
Called up share capital 8,800 8,800
Share premium 25,837 25,837
Fair Value 9 2,495,690 2,495,690
Retained earnings 594,809 631,755
3,125,136 3,162,082

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

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

RAMSTER ESTATE LIMITED (REGISTERED NUMBER: 00288362)

BALANCE SHEET - continued
30 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 17 December 2024 and were signed on its behalf by:




Ms R M Glaister - Director



M E M Glaister - Director


RAMSTER ESTATE LIMITED (REGISTERED NUMBER: 00288362)

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

1. 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 sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Turnover represents the following types of income:

- Tea House and Garden
- Long hall hire income
- Events
- Retained deposit
- Farm
- Royalties

All income is recognised on a receivable basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Improvements to property - 10% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

RAMSTER ESTATE LIMITED (REGISTERED NUMBER: 00288362)

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

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

3. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 May 2023 3,444,242 14,283 276,209
Additions - - 8,904
Disposals - - -
At 30 April 2024 3,444,242 14,283 285,113
DEPRECIATION
At 1 May 2023 - 340 221,779
Charge for year - 1,428 8,513
Eliminated on disposal - - -
At 30 April 2024 - 1,768 230,292
NET BOOK VALUE
At 30 April 2024 3,444,242 12,515 54,821
At 30 April 2023 3,444,242 13,943 54,430

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 20,150 48,448 1,328 3,804,660
Additions - - - 8,904
Disposals - (7,000 ) - (7,000 )
At 30 April 2024 20,150 41,448 1,328 3,806,564
DEPRECIATION
At 1 May 2023 2,264 39,018 477 263,878
Charge for year 5,037 2,357 418 17,753
Eliminated on disposal - (7,000 ) - (7,000 )
At 30 April 2024 7,301 34,375 895 274,631
NET BOOK VALUE
At 30 April 2024 12,849 7,073 433 3,531,933
At 30 April 2023 17,886 9,430 851 3,540,782

4. FIXED ASSET INVESTMENTS

As at the year end 30 April 2024 the fixed asset investment of silver is valued at £312.

5. STOCKS
2024 2023
£    £   
Stocks 2,000 2,000

RAMSTER ESTATE LIMITED (REGISTERED NUMBER: 00288362)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,116 24,885
Tax - 5,167
Prepayments 5,657 4,806
20,773 34,858

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 24,999 24,323
Trade creditors 13,666 10,997
Social security and other taxes 3,594 4,057
VAT 19,745 13,740
Other creditors 79,879 44,371
Directors' loan accounts 97,756 86,923
Accruals and deferred income 41,455 24,885
Accrued expenses 2,247 2,200
283,341 211,496

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 24,999 24,323
Bank loans - 2-5 years 50,831 58,803
Bank loans more 5 yr by instal 133,261 151,703
209,091 234,829

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 133,261 151,703

9. RESERVES
Fair
Value
£   
At 1 May 2023
and 30 April 2024 2,495,690

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, Ms R M Glaister increased her loan to the company. As at 30 April 2024, the company owed her £92,198 (2023: £81,364). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

During the year, Mr P M Gunn maintained his loan to the company. As at 30 April 2024, the company owed him £5,558 (2023: £5,558). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The controlling party is the Board of Directors.

The ultimate controlling party is the Board of Directors.

RAMSTER ESTATE LIMITED (REGISTERED NUMBER: 00288362)

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

12. ACCOUNTING BASIS

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a loss of £38,944, and as at the year end the current liabilities exceeded current assets by £177,069.

The validity of this basis depends upon the continued support of the company's directors. The directors confirms that they will give the required support.