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Company Registration No. 08153267 (England and Wales)
Ram and Ramm Ltd Filleted accounts for the year ended 31 July 2024
Ram and Ramm Ltd Filleted accounts Contents
Page
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Ram and Ramm Ltd Company Information for the year ended 31 July 2024
Directors
Dr Premkumar Kumar Suruliram Janakiraman Lavanya
Company Number
08153267 (England and Wales)
Registered Office
50 Lady Hay Road Leicester LE3 9QW
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Ram and Ramm Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,736 
31,030 
Current assets
Cash at bank and in hand
17,524 
124,951 
Creditors: amounts falling due within one year
(9,755)
(19,990)
Net current assets
7,769 
104,961 
Total assets less current liabilities
28,505 
135,991 
Creditors: amounts falling due after more than one year
(16,975)
(62,568)
Net assets
11,530 
73,423 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
11,430 
73,323 
Shareholders' funds
11,530 
73,423 
For the year ending 31 July 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 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 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 of Directors and authorised for issue on 15 February 2025 and were signed on its behalf by
Dr Premkumar Kumar Suruliram Director Company Registration No. 08153267
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Ram and Ramm Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Ram and Ramm Ltd is a private company, limited by shares, registered in England and Wales, registration number 08153267. The registered office is 50 Lady Hay Road, Leicester, LE3 9QW.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% Reducing balance
Motor vehicles
20% Straight line
Computer equipment
20% Reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Ram and Ramm Ltd Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
824 
51,090 
2,534 
54,448 
At 31 July 2024
824 
51,090 
2,534 
54,448 
Depreciation
At 1 August 2023
736 
20,436 
2,246 
23,418 
Charge for the year
18 
10,218 
58 
10,294 
At 31 July 2024
754 
30,654 
2,304 
33,712 
Net book value
At 31 July 2024
70 
20,436 
230 
20,736 
At 31 July 2023
88 
30,654 
288 
31,030 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,901 
- 
Taxes and social security
3,769 
18,946 
Accruals
1,085 
1,044 
9,755 
19,990 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
35,790 
Obligations under finance leases and hire purchase contracts
16,975 
26,778 
16,975 
62,568 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
60 Ordinary shares A of £1 each
60 
60 
40 Ordinary shares B of £1 each
40 
40 
100 
100 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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