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REGISTERED NUMBER: NI664054 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Ralph's Moira Limited

Ralph's Moira Limited (Registered number: NI664054)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ralph's Moira Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mrs L M I McCabe
J R McCabe





REGISTERED OFFICE: 19 Crescent Business Park
LISBURN
Co. Antrim
BT28 2GN





REGISTERED NUMBER: NI664054 (Northern Ireland)





ACCOUNTANTS: Minshull & Co
19 Crescent Business Park
LISBURN
Co. Antrim
BT28 2GN

Ralph's Moira Limited (Registered number: NI664054)

Balance Sheet
31 August 2024

31/8/24 31/8/23
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 25,425 30,510
Tangible assets 6 509,633 520,813
535,058 551,323

CURRENT ASSETS
Stocks 7 300 225
Debtors 8 148,862 141,425
Cash at bank 9,510 38,110
158,672 179,760
CREDITORS
Amounts falling due within one year 9 586,597 598,652
NET CURRENT LIABILITIES (427,925 ) (418,892 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,133

132,431

CREDITORS
Amounts falling due after more than
one year

10

(7,783

)

(18,214

)

PROVISIONS FOR LIABILITIES 12 (19,005 ) (19,405 )
NET ASSETS 80,345 94,812

Ralph's Moira Limited (Registered number: NI664054)

Balance Sheet - continued
31 August 2024

31/8/24 31/8/23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 13 100 100
Retained earnings 14 80,245 94,712
SHAREHOLDERS' FUNDS 80,345 94,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:





Mrs L M I McCabe - Director


Ralph's Moira Limited (Registered number: NI664054)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Ralph's Moira Limited is a private company, limited by shares , registered in Northern Ireland. 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Ralph's Moira Limited (Registered number: NI664054)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 4 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 50,850
AMORTISATION
At 1 September 2023 20,340
Amortisation for year 5,085
At 31 August 2024 25,425
NET BOOK VALUE
At 31 August 2024 25,425
At 31 August 2023 30,510

Ralph's Moira Limited (Registered number: NI664054)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 September 2023 452,766 268,445 721,211
Additions - 52,680 52,680
At 31 August 2024 452,766 321,125 773,891
DEPRECIATION
At 1 September 2023 34,080 166,318 200,398
Charge for year 9,055 54,805 63,860
At 31 August 2024 43,135 221,123 264,258
NET BOOK VALUE
At 31 August 2024 409,631 100,002 509,633
At 31 August 2023 418,686 102,127 520,813

7. STOCKS
31/8/24 31/8/23
£    £   
Stocks 300 225

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 525 1,275
Other debtors 146,830 137,100
Prepayments and accrued income 270 1,136
Social security and other tax 1,237 1,914
148,862 141,425

Ralph's Moira Limited (Registered number: NI664054)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Bank loans and overdrafts (see note 11)
10,310

10,057
Trade creditors 1,575 1,405
Tax 159 11,574
VAT 9,587 2,789
Other creditors 115,662 132,733
Directors' current accounts 414,149 428,744
Accruals and deferred income 35,155 11,350
586,597 598,652

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31/8/24 31/8/23
£    £   
Bank loans (see note 11) 7,783 18,214

11. LOANS

An analysis of the maturity of loans is given below:

31/8/24 31/8/23
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,310 10,057

Amounts falling due between one and two years:
Bank loans - 1-2 years 7,783 10,310

Amounts falling due between two and five years:
Bank loans - 2-5 years - 7,904

12. PROVISIONS FOR LIABILITIES
31/8/24 31/8/23
£    £   
Deferred tax 19,005 19,405

Ralph's Moira Limited (Registered number: NI664054)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

12. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 September 2023 19,405
Credit to Statement of Income and Retained Earnings during
year

(400

)
Balance at 31 August 2024 19,005

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/8/24 31/8/23
value: £    £   
100 Ordinary £1 100 100

14. RESERVES
Retained
earnings
£   

At 1 September 2023 94,712
Deficit for the year (14,467 )
At 31 August 2024 80,245

15. CAPITAL COMMITMENTS
31/8/24 31/8/23
£    £   
Contracted but not provided for in the
financial statements - -