REGISTERED NUMBER: SC194706 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Ram-Tech Hydraulics Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J J Hendry

REGISTERED OFFICE:

Westknock

Stuartfield

Peterhead

Aberdeenshire

AB42 5DJ

REGISTERED NUMBER:

SC194706 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

174,488

181,456

174,488

181,456

CURRENT ASSETS

Stocks

13,000

14,000

Debtors

6

141,747

99,427

Cash at bank

566,746

485,754

721,493

599,181

CREDITORS

Amounts falling due within one year

7

111,210

118,459

NET CURRENT ASSETS

610,283

480,722

TOTAL ASSETS LESS CURRENT LIABILITIES

784,771

662,178

PROVISIONS FOR LIABILITIES

19,123

19,012

NET ASSETS

765,648

643,166

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

762,648

640,166

SHAREHOLDERS' FUNDS

765,648

643,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 September 2025 and were signed by:

Mr J J Hendry - Director

1.	STATUTORY INFORMATION

Ram-Tech Hydraulics Ltd. is a private company, limited by shares , registered in Scotland. 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 the amounts (excluding value added tax) derived from the provision of goods and services to customers. Revenue is recognised at the point goods and services are provided.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013 has been amortised over its estimated useful life of five years and is now fully written down.

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

-

4% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

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 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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

10,600

AMORTISATION

At 1 April 2024

and 31 March 2025

10,600

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

136,126

139,030

375

Additions

-

12,000

-

Disposals

-

(1,148

)

-

At 31 March 2025

136,126

149,882

375

DEPRECIATION

At 1 April 2024

48,869

111,124

312

Charge for year

5,446

5,916

10

Eliminated on disposal

-

(684

)

-

At 31 March 2025

54,315

116,356

322

NET BOOK VALUE

At 31 March 2025

81,811

33,526

53

At 31 March 2024

87,257

27,906

63

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

100,500

1,541

377,572

Additions

12,500

440

24,940

Disposals

-

-

(1,148

)

At 31 March 2025

113,000

1,981

401,364

DEPRECIATION

At 1 April 2024

34,610

1,201

196,116

Charge for year

19,597

475

31,444

Eliminated on disposal

-

-

(684

)

At 31 March 2025

54,207

1,676

226,876

NET BOOK VALUE

At 31 March 2025

58,793

305

174,488

At 31 March 2024

65,890

340

181,456

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

122,060

95,770

Amounts recoverable on contract

16,224

511

Other debtors

3,463

3,146

141,747

99,427

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

23,050

32,708

Taxation and social security

84,341

57,223

Other creditors

3,819

28,528

111,210

118,459

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by the Director.