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REGISTERED NUMBER: 07862791 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

RAMA PROPERTY REFURBISHMENT LIMITED

RAMA PROPERTY REFURBISHMENT LIMITED (Registered number: 07862791)

Contents of the Financial Statements
for the Year Ended 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RAMA PROPERTY REFURBISHMENT LIMITED

Company Information
for the Year Ended 30 NOVEMBER 2024







DIRECTOR: K Rama





REGISTERED OFFICE: Office 10, Devonshire House
582 Honeypot Lane
Stanmore
HA7 1JS





REGISTERED NUMBER: 07862791 (England and Wales)





ACCOUNTANTS: Frasers Young Limited
Chartered Certified Accountants
Alpha House
296 Kenton Road
Harrow
HA3 8DD

RAMA PROPERTY REFURBISHMENT LIMITED (Registered number: 07862791)

Balance Sheet
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 66,755 91,972

CURRENT ASSETS
Stocks 81,026 65,233
Debtors 5 1,466,823 1,432,627
Cash at bank 127,195 429,905
1,675,044 1,927,765
CREDITORS
Amounts falling due within one year 6 (368,713 ) (748,110 )
NET CURRENT ASSETS 1,306,331 1,179,655
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,373,086

1,271,627

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,372,986 1,271,527
SHAREHOLDERS' FUNDS 1,373,086 1,271,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 27 August 2025 and were signed by:




K Rama - Director


RAMA PROPERTY REFURBISHMENT LIMITED (Registered number: 07862791)

Notes to the Financial Statements
for the Year Ended 30 NOVEMBER 2024


1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 25 % on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

RAMA PROPERTY REFURBISHMENT LIMITED (Registered number: 07862791)

Notes to the Financial Statements - continued
for the Year Ended 30 NOVEMBER 2024


2. ACCOUNTING POLICIES - continued

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 14 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant & and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2023 43,302 8,393 147,750 25,647 225,092
Disposals - - (33,516 ) - (33,516 )
At 30 November 2024 43,302 8,393 114,234 25,647 191,576
DEPRECIATION
At 1 December 2023 20,561 7,214 96,987 8,358 133,120
Charge for year 3,420 236 7,978 2,600 14,234
Eliminated on disposal - - (22,533 ) - (22,533 )
At 30 November 2024 23,981 7,450 82,432 10,958 124,821
NET BOOK VALUE
At 30 November 2024 19,321 943 31,802 14,689 66,755
At 30 November 2023 22,741 1,179 50,763 17,289 91,972

5. DEBTORS
30.11.24 30.11.23
£    £   
Amounts falling due within one year:
Trade debtors 227,888 303,585
Amounts owed by associates 264,770 237,000
492,658 540,585

Amounts falling due after more than one year:
Amounts owed by associates 974,165 892,042

Aggregate amounts 1,466,823 1,432,627

RAMA PROPERTY REFURBISHMENT LIMITED (Registered number: 07862791)

Notes to the Financial Statements - continued
for the Year Ended 30 NOVEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts - 1,126
Hire purchase contracts 29,324 33,213
Trade creditors 28,085 213,421
Taxation and social security 150,580 243,272
Other creditors 160,724 257,078
368,713 748,110