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REGISTERED NUMBER: 04779418 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 May 2024

for

Ragdoll Research and Planning Limited

Ragdoll Research and Planning Limited (Registered number: 04779418)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ragdoll Research and Planning Limited

Company Information
for the Year Ended 30 May 2024







DIRECTORS: Mr C Speed
Mr B Taylor
Mr M Jones





REGISTERED OFFICE: Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ





REGISTERED NUMBER: 04779418 (England and Wales)





ACCOUNTANTS: Verinder Powell Associates Ltd
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

Ragdoll Research and Planning Limited (Registered number: 04779418)

Balance Sheet
30 May 2024

30.5.24 30.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,368 20,490
Investments 5 3,146 3,146
18,514 23,636

CURRENT ASSETS
Debtors 6 118,793 129,573
Cash at bank and in hand 54,213 94,307
173,006 223,880
CREDITORS
Amounts falling due within one year 7 148,140 166,471
NET CURRENT ASSETS 24,866 57,409
TOTAL ASSETS LESS CURRENT LIABILITIES 43,380 81,045

CREDITORS
Amounts falling due after more than one
year

8

13,266

20,766
NET ASSETS 30,114 60,279

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 30,014 60,179
SHAREHOLDERS' FUNDS 30,114 60,279

Ragdoll Research and Planning Limited (Registered number: 04779418)

Balance Sheet - continued
30 May 2024


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

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

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 10 February 2025 and were signed on its behalf by:





Mr M Jones - Director


Ragdoll Research and Planning Limited (Registered number: 04779418)

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

1. STATUTORY INFORMATION

Ragdoll Research and Planning 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.

There have been no material departures from the Financial Reporting Standard 102 1A.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tangible fixed assets
Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings and equipment- 25% on reducing balance
Motor vehicles- 25% on cost

Government grants
Government grants have been recognised on an accruals basis and have been recognised in the same period in which the related expense has been incurred.


Ragdoll Research and Planning Limited (Registered number: 04779418)

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

2. ACCOUNTING POLICIES - continued
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.

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.

Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transactions costs.

Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Investments
Investments are shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value are recognised in profit or loss.

Ragdoll Research and Planning Limited (Registered number: 04779418)

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

2. ACCOUNTING POLICIES - continued

Going concern
The directors are satisfied that the company has adequate resources to continue to operate for the foreseeable future. The directors have therefore prepared the financial statements on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and Motor
equipment vehicles Totals
£    £    £   
COST
At 31 May 2023
and 30 May 2024 59,150 32,000 91,150
DEPRECIATION
At 31 May 2023 38,660 32,000 70,660
Charge for year 5,122 - 5,122
At 30 May 2024 43,782 32,000 75,782
NET BOOK VALUE
At 30 May 2024 15,368 - 15,368
At 30 May 2023 20,490 - 20,490

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 31 May 2023
and 30 May 2024 3,146
NET BOOK VALUE
At 30 May 2024 3,146
At 30 May 2023 3,146

Ragdoll Research and Planning Limited (Registered number: 04779418)

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

5. FIXED ASSET INVESTMENTS - continued

The fair value of the investments has been arrived at by a valuation by the directors at their open market value at 30 May 2024.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.5.24 30.5.23
£    £   
Trade debtors 90,092 57,455
Other debtors 28,701 72,118
118,793 129,573

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.5.24 30.5.23
£    £   
Bank loans and overdrafts 5,243 10,000
Trade creditors 31,637 74,336
Taxation and social security 53,843 42,381
Other creditors 57,417 39,754
148,140 166,471

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.5.24 30.5.23
£    £   
Bank loans 13,266 20,766

Included in bank loans in notes 7 and 8 is a combined balance of £18,509 (2023 - £30,766) which is unsecured and guaranteed by the government.

9. PENSION COMMITMENTS

At the year end contributions of £669 (2023 - £760) to defined contribution pension schemes were outstanding.

10. OFF BALANCE SHEET COMMITMENTS

At the year end the company had future minimum lease payments due under non-cancellable operating leases totalling £1,230 (2023 - £14,284).

Ragdoll Research and Planning Limited (Registered number: 04779418)

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

11. RELATED PARTY DISCLOSURES

Loans from related parties



Key
management


Total
2024 £ £
At start of period 14,783 14,783
Advanced 144,937 144,937
Repaid (141,080 ) (141,080 )
At end of period 18,640 18,640


Key
management


Total
2023 £ £
At start of period 15,912 15,912
Advanced 107,291 107,291
Repaid (108,420 ) (108,420 )
At end of period 14,783 14,783

Loans from key management are interest free and repayable on demand.