Company Registration No. SC746073 (Scotland)
Ram Fit Ltd
Unaudited accounts
for the year ended 31 January 2026
Ram Fit Ltd
Unaudited accounts
Contents
Ram Fit Ltd
Company Information
for the year ended 31 January 2026
Directors
S Malone
M Clelland
Company Number
SC746073 (Scotland)
Registered Office
Unit 8 & 9, 10 Fodderty Way
Dingwall Business Park
Dingwall
IV15 9XB
Scotland
Accountants
CMM Accountancy (Inverness) Limited
The Green House
Beechwood Business Park North
Inverness
IV2 3BL
Ram Fit Ltd
Statement of financial position
as at 31 January 2026
Intangible assets
6,800
10,200
Tangible assets
25,032
32,560
Cash at bank and in hand
9,220
8,594
Creditors: amounts falling due within one year
(71,157)
(71,980)
Net current liabilities
(50,183)
(51,307)
Net liabilities
(18,351)
(8,547)
Called up share capital
100
100
Profit and loss account
(18,451)
(8,647)
Shareholders' funds
(18,351)
(8,547)
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 April 2026 and were signed on its behalf by
S Malone
Director
Company Registration No. SC746073
Ram Fit Ltd
Notes to the Accounts
for the year ended 31 January 2026
Ram Fit Ltd is a private company, limited by shares, registered in Scotland, registration number SC746073. The registered office is Unit 8 & 9, 10 Fodderty Way, Dingwall Business Park, Dingwall, IV15 9XB, Scotland.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Ram Fit Ltd
Notes to the Accounts
for the year ended 31 January 2026
At 31 January 2026 the company had net liabilities of £18,351 (2025 - £8,547). The financial statements have been prepared on the going concern basis on the grounds that the company has adequate funding in place to meet its needs for the coming year.
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
6
Operating lease commitments
2026
2025
At 31 January 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
70,000
91,000
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Average number of employees
During the year the average number of employees was 2 (2025: 0).