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REGISTERED NUMBER: 07065397 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

GED RAMSDEN MANAGEMENT LTD

GED RAMSDEN MANAGEMENT LTD (REGISTERED NUMBER: 07065397)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GED RAMSDEN MANAGEMENT LTD

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr G Ramsden





REGISTERED OFFICE: 41 St Thomas's Road
Chorley
Lancashire
PR7 4JE





REGISTERED NUMBER: 07065397 (England and Wales)





ACCOUNTANTS: BK Plus - Chorley
Chartered Certified Accountants
41 St Thomas's Road
Chorley
Lancashire
PR7 1JE

GED RAMSDEN MANAGEMENT LTD (REGISTERED NUMBER: 07065397)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,189 17,884

CURRENT ASSETS
Debtors 5 9,303 12,775
Cash at bank 14,294 -
23,597 12,775
CREDITORS
Amounts falling due within one year 6 20,075 47,764
NET CURRENT ASSETS/(LIABILITIES) 3,522 (34,989 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,711

(17,105

)

PROVISIONS FOR LIABILITIES 248 -
NET ASSETS/(LIABILITIES) 18,463 (17,105 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 18,363 (17,205 )
SHAREHOLDERS' FUNDS 18,463 (17,105 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

GED RAMSDEN MANAGEMENT LTD (REGISTERED NUMBER: 07065397)

Balance Sheet - continued
31 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 10 August 2025 and were signed by:





Mr G Ramsden - Director


GED RAMSDEN MANAGEMENT LTD (REGISTERED NUMBER: 07065397)

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

1. STATUTORY INFORMATION

Ged Ramsden Management Ltd 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.

Revenue recognition
Revenue represents the value of services, net of value added tax, provided to customers. Revenue is recognised when the following conditions are satisfied:

- the benefits of the services passes to the customers,
- it is probable that the economic benefits associated with the transaction will flow to the entity; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 10 years
Office equipment - 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.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held with banks, and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

GED RAMSDEN MANAGEMENT LTD (REGISTERED NUMBER: 07065397)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Office
property equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 20,573 10,365 30,938
DEPRECIATION
At 1 January 2024 4,628 8,426 13,054
Charge for year 2,057 638 2,695
At 31 December 2024 6,685 9,064 15,749
NET BOOK VALUE
At 31 December 2024 13,888 1,301 15,189
At 31 December 2023 15,945 1,939 17,884

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 2,654 -
Other debtors 6,649 12,565
VAT - 210
9,303 12,775

GED RAMSDEN MANAGEMENT LTD (REGISTERED NUMBER: 07065397)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts - 88
Trade creditors 96 294
Tax 11,579 -
Social security and other taxes 154 219
VAT 6,789 -
Directors' current accounts 82 45,888
Accrued expenses 1,375 1,275
20,075 47,764

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, advances and credits made to the director during the accounting period resulted in a balance owed from the company of £82 (2023: £45,888). No interest has been charged on this loan and it is repayable on demand.