Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-312023-08-01property managementfalsefalse00trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12099482 2023-08-01 2024-07-31 12099482 2022-08-01 2023-07-31 12099482 2024-07-31 12099482 2023-07-31 12099482 c:Director1 2023-08-01 2024-07-31 12099482 d:CurrentFinancialInstruments 2024-07-31 12099482 d:CurrentFinancialInstruments 2023-07-31 12099482 d:Non-currentFinancialInstruments 2024-07-31 12099482 d:Non-currentFinancialInstruments 2023-07-31 12099482 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 12099482 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12099482 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 12099482 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 12099482 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-07-31 12099482 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-07-31 12099482 d:ShareCapital 2024-07-31 12099482 d:ShareCapital 2023-07-31 12099482 d:RetainedEarningsAccumulatedLosses 2024-07-31 12099482 d:RetainedEarningsAccumulatedLosses 2023-07-31 12099482 c:FRS102 2023-08-01 2024-07-31 12099482 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12099482 c:FullAccounts 2023-08-01 2024-07-31 12099482 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12099482 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 12099482









RAMPARTS SALISBURY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
RAMPARTS SALISBURY LIMITED
REGISTERED NUMBER: 12099482

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
1,027,005
2,259,411

Debtors: amounts falling due within one year
 5 
3,331
45,478

Cash at bank and in hand
 6 
17,012
11,451

  
1,047,348
2,316,340

Creditors: amounts falling due within one year
 7 
(27,406)
(74,167)

Net current assets
  
 
 
1,019,942
 
 
2,242,173

Total assets less current liabilities
  
1,019,942
2,242,173

Creditors: amounts falling due after more than one year
 8 
(210,914)
(1,329,758)

  

Net assets
  
809,028
912,415


Capital and reserves
  

Called up share capital 
  
914,940
914,940

Profit and loss account
  
(105,912)
(2,525)

  
809,028
912,415


Page 1

 
RAMPARTS SALISBURY LIMITED
REGISTERED NUMBER: 12099482
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 June 2025.




................................................
Juan Rodon
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
RAMPARTS SALISBURY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Ramparts Salisbury Limited is a private company, limited by share capital, incorporated in England and Wales. The principal activity of the Company throughout the year was property development.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
RAMPARTS SALISBURY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £Nil).


4.


Stocks

2024
2023
£
£

Finished goods and goods for resale
1,027,005
2,259,411

1,027,005
2,259,411


Page 4

 
RAMPARTS SALISBURY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Amounts owed by joint ventures and associated undertakings
2,000
2,000

Other debtors
1,331
43,478

3,331
45,478



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
17,012
11,451

17,012
11,451



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
9,605
21,200

Amounts owed to joint ventures
6,171
37,673

Other creditors
2,133
13,133

Accruals and deferred income
9,497
2,161

27,406
74,167



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
210,914
1,329,758

210,914
1,329,758


Page 5

 
RAMPARTS SALISBURY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£


Amounts falling due 1-2 years

Bank loans
210,914
1,329,758



210,914
1,329,758



10.


Controlling party

The Company is controlled by the director's, Juan Rodon, by virtue of his shareholding, as described in the directors' report.

 
Page 6