1 May 2023 false No description of principal activity Taxfiler 2024.6 SC342350business:PrivateLimitedCompanyLtd2023-05-012024-04-30 SC3423502023-04-30 SC3423502023-05-012024-04-30 SC342350business:AuditExemptWithAccountantsReport2023-05-012024-04-30 SC342350business:FilletedAccounts2023-05-012024-04-30 SC3423502024-04-30 SC3423502023-04-30 SC342350core:WithinOneYear2024-04-30 SC342350core:WithinOneYear2023-04-30 SC342350core:AfterOneYear2024-04-30 SC342350core:AfterOneYear2023-04-30 SC342350core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 SC342350core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 SC342350core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 SC342350core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 SC342350core:PreviouslyStatedAmount2024-04-30 SC342350core:PreviouslyStatedAmount2023-04-30 SC342350business:SmallEntities2023-05-012024-04-30 SC342350business:Director12023-05-012024-04-30 SC342350countries:Scotland2023-05-012024-04-30 SC342350business:RegisteredOffice2023-05-012024-04-30 SC342350core:LandBuildings2023-05-012024-04-30 SC342350core:LandBuildings2023-04-30 SC342350core:LandBuildings2024-04-30 SC342350business:OrdinaryShareClass12023-05-012024-04-30 SC342350business:OrdinaryShareClass12022-05-012023-04-30 SC3423502022-05-012023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC342350 (Scotland)
Ramzan Properties Ltd. Unaudited accounts for the year ended 30 April 2024
Ramzan Properties Ltd. Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,663,186 
3,433,886 
Current assets
Debtors
355,579 
356,656 
Cash at bank and in hand
52,474 
45,369 
408,053 
402,025 
Creditors: amounts falling due within one year
(455,924)
(740,617)
Net current liabilities
(47,871)
(338,592)
Total assets less current liabilities
3,615,315 
3,095,294 
Creditors: amounts falling due after more than one year
(1,924,384)
(1,492,890)
Net assets
1,690,931 
1,602,404 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,690,831 
1,602,304 
Shareholders' funds
1,690,931 
1,602,404 
For the year ending 30 April 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 January 2025 and were signed on its behalf by
Zahid Saleem Director Company Registration No. SC342350
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Ramzan Properties Ltd. Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Ramzan Properties Ltd. is a private company, limited by shares, registered in Scotland, registration number SC342350. The registered office is 8 Benview Road, Clarkston, Glasgow, G76 7PP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0% reducing balance
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 May 2023
3,433,886 
Additions
229,300 
At 30 April 2024
3,663,186 
Depreciation
At 30 April 2024
- 
Net book value
At 30 April 2024
3,663,186 
At 30 April 2023
3,433,886 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,139 
6,216 
Other debtors
350,440 
350,440 
355,579 
356,656 
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Ramzan Properties Ltd. Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
34,256 
57,686 
Taxes and social security
42,275 
28,582 
Loans from directors
369,034 
640,938 
Accruals
10,359 
13,411 
455,924 
740,617 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,853 
10,359 
Other creditors
1,910,531 
1,482,531 
1,924,384 
1,492,890 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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