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REGISTERED NUMBER: 01621211 (England and Wales)















Abridged Unaudited Financial Statements for the Year Ended 30 April 2024

for

RINGBACK LIMITED

RINGBACK LIMITED (REGISTERED NUMBER: 01621211)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


RINGBACK LIMITED

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mrs C M Oundjian
N Maatouk
M M Oundjian





SECRETARY: Mrs C M Oundjian





REGISTERED OFFICE: Unit 4
Cowley Road
Acton Vale Industrial Park
Acton
London
W3 7XA





REGISTERED NUMBER: 01621211 (England and Wales)





ACCOUNTANTS: Garo & Co UK LLP
Chartered Certified Accountants
27 Daventry Street
London
NW1 6TD

RINGBACK LIMITED (REGISTERED NUMBER: 01621211)

Abridged Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 154,413 159,144

CURRENT ASSETS
Stocks 395,273 711,376
Debtors 551,549 597,016
Cash at bank and in hand 195,015 110,622
1,141,837 1,419,014
CREDITORS
Amounts falling due within one year 445,454 735,203
NET CURRENT ASSETS 696,383 683,811
TOTAL ASSETS LESS CURRENT
LIABILITIES

850,796

842,955

PROVISIONS FOR LIABILITIES 3,100 4,500
NET ASSETS 847,696 838,455

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 847,596 838,355
SHAREHOLDERS' FUNDS 847,696 838,455

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.

RINGBACK LIMITED (REGISTERED NUMBER: 01621211)

Abridged 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 January 2025 and were signed on its behalf by:




N Maatouk - Director



M M Oundjian - Director


RINGBACK LIMITED (REGISTERED NUMBER: 01621211)

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

1. STATUTORY INFORMATION

Ringback 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Freehold property - not provided
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance

Land is not depreciated. The estimated useful life of the building, in the opinion of the directors, is in excess of 200 years. Therefore no depreciation is provided on the building as the amount will be immaterial.

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in profit or loss, and included in other operating income.

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.

RINGBACK LIMITED (REGISTERED NUMBER: 01621211)

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

2. ACCOUNTING POLICIES - continued

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.

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.

Going concern
The directors have continued to assess the Company's trading results at the time of signing the financial statements and confirm that it has adequate resources available to meet its liabilities as they fall due, allowing the Company to continue in operational existence for a period of twelve months from the date of signing these financial statements.

The directors therefore believe that it is appropriate for the financial statements to be prepared on the going concern basis..

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 182,527
Disposals (3,095 )
At 30 April 2024 179,432
DEPRECIATION
At 1 May 2023 23,383
Charge for year 3,139
Eliminated on disposal (1,503 )
At 30 April 2024 25,019
NET BOOK VALUE
At 30 April 2024 154,413
At 30 April 2023 159,144