RAMA LIFE CIC

Company limited by guarantee

Company Registration Number:
12401288 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

RAMA LIFE CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

RAMA LIFE CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 21,388 23,471
Total fixed assets: 21,388 23,471
Current assets
Debtors: 4 7,520 7,500
Cash at bank and in hand: 6,064 6,666
Total current assets: 13,584 14,166
Creditors: amounts falling due within one year: 5 ( 13,550 ) ( 7,673 )
Net current assets (liabilities): 34 6,493
Total assets less current liabilities: 21,422 29,964
Creditors: amounts falling due after more than one year: 6 ( 9,336 ) ( 10,990 )
Total net assets (liabilities): 12,086 18,974
Members' funds
Profit and loss account: 12,086 18,974
Total members' funds: 12,086 18,974

The notes form part of these financial statements

RAMA LIFE CIC

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 January 2025
and signed on behalf of the board by:

Name: Jennifer Anne Hodge
Status: Director

The notes form part of these financial statements

RAMA LIFE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lived on the following basis: Plant and Machinery 25% straight line Motor Vehicles 10% straight line Fixtures and Fittings 25% straight line Computer Equipment 25% straight line

RAMA LIFE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 3

RAMA LIFE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 2,648 0 789 26,205 29,642
Additions 1,220 295 1,515
Disposals
Revaluations
Transfers
At 31 January 2024 2,648 1,220 1,084 26,205 31,157
Depreciation
At 1 February 2023 1,655 0 323 4,193 6,171
Charge for year 662 243 247 2,446 3,598
On disposals
Other adjustments
At 31 January 2024 2,317 243 570 6,639 9,769
Net book value
At 31 January 2024 331 977 514 19,566 21,388
At 31 January 2023 993 0 466 22,012 23,471

RAMA LIFE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Trade debtors 450 430
Prepayments and accrued income 7,070 7,070
Total 7,520 7,500

RAMA LIFE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 1,111 1,111
Taxation and social security 7,328 1,693
Accruals and deferred income 4,300 4,150
Other creditors 811 719
Total 13,550 7,673

RAMA LIFE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 9,336 10,990
Total 9,336 10,990

COMMUNITY INTEREST ANNUAL REPORT

RAMA LIFE CIC

Company Number: 12401288 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

TBC

Consultation with stakeholders

TBC

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 January 2025

And signed on behalf of the board by:
Name: Jennifer Anne Hodge
Status: Director