BrightAccountsProduction v1.0.0 v1.0.0 2023-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts charity fundraising. 28 March 2025 0 0 09216893 2024-10-31 09216893 2023-10-31 09216893 2022-10-31 09216893 2023-11-01 2024-10-31 09216893 2022-11-01 2023-10-31 09216893 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09216893 uk-curr:PoundSterling 2023-11-01 2024-10-31 09216893 uk-bus:AbridgedAccounts 2023-11-01 2024-10-31 09216893 uk-core:ShareCapital 2024-10-31 09216893 uk-core:ShareCapital 2023-10-31 09216893 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 09216893 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 09216893 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 09216893 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-10-31 09216893 uk-bus:FRS102 2023-11-01 2024-10-31 09216893 uk-core:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 09216893 2023-11-01 2024-10-31 09216893 uk-bus:Director1 2023-11-01 2024-10-31 09216893 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Ralph Associates Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 October 2024



Ralph Associates Limited
ABRIDGED PROFIT AND LOSS ACCOUNT
for the financial year ended 31 October 2024
2024 2023
Notes £ £

Gross profit 81,894 73,260
 
Administrative expenses (19,270) (18,149)
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Operating profit 62,624 55,111
 
Interest receivable and similar income 161 -
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Profit before taxation 62,785 55,111
 
Tax on profit (12,925) (10,652)
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Profit for the financial year 49,860 44,459
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Total comprehensive income 49,860 44,459
    ═════════   ═════════



Ralph Associates Limited
Company Registration Number: 09216893
ABRIDGED BALANCE SHEET
as at 31 October 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 931 1,421
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Current Assets
Debtors 10,892 10,864
Cash and cash equivalents 8,635 7,549
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19,527 18,413
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Creditors: amounts falling due within one year (13,625) (11,263)
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Net Current Assets 5,902 7,150
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Total Assets less Current Liabilities 6,833 8,571
 
Provisions for liabilities (177) (270)
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Net Assets 6,656 8,301
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Capital and Reserves
Called up share capital 100 100
Retained earnings 6,556 8,201
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Equity attributable to owners of the company 6,656 8,301
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The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Director's Report.
For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges her responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 28 March 2025
           
           
Lysa Ralph          
Director          
           



Ralph Associates Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 October 2024

   
1. General Information
 
Ralph Associates Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 09216893. The registered office of the company is 36 Danby Terrace, Devon, EX8 1QR, United Kingdom. charity fundraising. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 October 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of services supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 25% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2023 - 1).
       
4. Tangible assets
  Fixtures, Total
  fittings and  
  equipment  
  £ £
Cost
At 1 November 2023 6,353 6,353
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At 31 October 2024 6,353 6,353
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Depreciation
At 1 November 2023 4,932 4,932
Charge for the financial year 490 490
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At 31 October 2024 5,422 5,422
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Net book value
At 31 October 2024 931 931
  ═════════ ═════════
At 31 October 2023 1,421 1,421
  ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 October 2024.
       
6. Ultimate Controlling Party
 
The controlling party is Miss L Ralph by virtue of her shareholding in the company.