Ramsay Construction Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10682648

Ramsay Construction Ltd

Filleted Unaudited Financial Statements

31 March 2025

Ramsay Construction Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		39,827	49,090

Current assets

Stocks		150,000	140,600
Debtors	5	86,286	131,422
Cash at bank and in hand		24,991	28,530
		---------	---------
		261,277	300,552

Creditors: amounts falling due within one year	6	177,755		243,875
		---------		---------
Net current assets			83,522	56,677
			---------	---------
Total assets less current liabilities			123,349	105,767

Creditors: amounts falling due after more than one year	7	10,426	19,099
		---------	---------
Net assets		112,923	86,668
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	112,823	86,568
	---------	--------
Shareholders funds	112,923	86,668
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Ramsay Construction Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 1 April 2025 , and are signed on behalf of the board by:

Mr T Diakowski	Mr M Paslawski
Director	Director

Company registration number: 10682648

Ramsay Construction Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 203, Regent 88, 210 Church Road, London, E10 7JQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 April 2024	42,033	31,908	73,941
Additions	–	1,250	1,250
	--------	--------	--------
At 31 March 2025	42,033	33,158	75,191
	--------	--------	--------
Depreciation
At 1 April 2024	14,368	10,483	24,851
Charge for the year	7,254	3,259	10,513
	--------	--------	--------
At 31 March 2025	21,622	13,742	35,364
	--------	--------	--------
Carrying amount
At 31 March 2025	20,411	19,416	39,827
	--------	--------	--------
At 31 March 2024	27,665	21,425	49,090
	--------	--------	--------

5. Debtors

	2025	2024
	£	£
Trade debtors	64,082	131,422
Other debtors	22,204	–
	--------	---------
	86,286	131,422
	--------	---------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	32,370	50,151
Corporation tax	31,221	14,865
Social security and other taxes	71,180	90,740
Other creditors	42,984	88,119
	---------	---------
	177,755	243,875
	---------	---------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	10,426	19,099
	--------	--------

8. Related party transactions

The company was under the control of Mr T Diakowski and Mr M Paslawski throughout the current year. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.