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REGISTERED NUMBER: 07883882 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

RATALIN LIMITED

RATALIN LIMITED (REGISTERED NUMBER: 07883882)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RATALIN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTOR: J T Boardwell





SECRETARY: Mrs E R Boardwell





REGISTERED OFFICE: 43 Westbourne Road
Sheffield
S10 2QT





REGISTERED NUMBER: 07883882 (England and Wales)





ACCOUNTANTS: Ainsworths Limited
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

RATALIN LIMITED (REGISTERED NUMBER: 07883882)

BALANCE SHEET
31ST DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 890 1,045

CURRENT ASSETS
Debtors 5 6,969 45,298
Cash at bank and in hand 1,093 36,550
8,062 81,848
CREDITORS
Amounts falling due within one year 6 4,387 22,963
NET CURRENT ASSETS 3,675 58,885
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,565

59,930

PROVISIONS FOR LIABILITIES 180 211
NET ASSETS 4,385 59,719

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,285 59,619
SHAREHOLDERS' FUNDS 4,385 59,719

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RATALIN LIMITED (REGISTERED NUMBER: 07883882)

BALANCE SHEET - continued
31ST DECEMBER 2024


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 director and authorised for issue on 5th June 2025 and were signed by:





J T Boardwell - Director


RATALIN LIMITED (REGISTERED NUMBER: 07883882)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. STATUTORY INFORMATION

Ratalin 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.

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.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on cost, 33% on cost and 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

RATALIN LIMITED (REGISTERED NUMBER: 07883882)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2024 16,271
Additions 479
At 31st December 2024 16,750
DEPRECIATION
At 1st January 2024 15,226
Charge for year 634
At 31st December 2024 15,860
NET BOOK VALUE
At 31st December 2024 890
At 31st December 2023 1,045

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 1,800 -
Other debtors 5,169 45,298
6,969 45,298

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 250 17,699
Other creditors 4,137 5,264
4,387 22,963

RATALIN LIMITED (REGISTERED NUMBER: 07883882)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2024 and 31st December 2023:

31.12.24 31.12.23
£    £   
J T Boardwell
Balance outstanding at start of year 45,148 (260 )
Amounts advanced 13,555 45,408
Amounts repaid (61,469 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,766 ) 45,148

Director advances are interest free, unsecured and repayable on demand.