Company Registration No. 01495373 (England and Wales)
Ratstands Ltd
Unaudited accounts
for the year ended 31 January 2026
Ratstands Ltd
Unaudited accounts
Contents
Ratstands Ltd
Company Information
for the year ended 31 January 2026
Directors
Andrew Clive Michell
Bernadette Michell
Jacqueline Rachel Thomson
Company Number
01495373 (England and Wales)
Registered Office
16 MELVILLE ROAD
LONDON
SW13 9RJ
Ratstands Ltd
Statement of financial position
as at 31 January 2026
Tangible assets
16,765
26,608
Inventories
419,514
486,621
Cash at bank and in hand
86,469
19,248
Creditors: amounts falling due within one year
(209,769)
(290,613)
Net current assets
347,240
273,818
Net assets
364,005
300,426
Called up share capital
60,400
60,400
Profit and loss account
303,605
240,026
Shareholders' funds
364,005
300,426
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.
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 7 May 2026 and were signed on its behalf by
Andrew Clive Michell
Director
Company Registration No. 01495373
Ratstands Ltd
Notes to the Accounts
for the year ended 31 January 2026
Ratstands Ltd is a private company, limited by shares, registered in England and Wales, registration number 01495373. The registered office is 16 MELVILLE ROAD, LONDON, SW13 9RJ.
2
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.
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:
Other tangible fixed assets
33%
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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Ratstands Ltd
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2025
148,321
5,076
12,643
166,040
At 31 January 2026
148,321
5,076
12,658
166,055
At 1 February 2025
123,214
4,786
11,432
139,432
Charge for the year
8,472
211
1,175
9,858
At 31 January 2026
131,686
4,997
12,607
149,290
At 31 January 2026
16,635
79
51
16,765
At 31 January 2025
25,107
290
1,211
26,608
Amounts falling due within one year
Trade debtors
20,585
31,351
Accrued income and prepayments
29,576
27,211
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
26,566
46,566
Trade creditors
25,374
71,564
Amounts owed to group undertakings and other participating interests
5,614
5,614
Taxes and social security
11,701
12,419
Loans from directors
60,249
109,000
Deferred income
77,648
16,926
Allotted, called up and fully paid:
60,400 Ordinary shares of £1 each
60,400
60,400
The ultimate holding company is Ratstands Barnes Ltd which owns 100% of the issued ordinary
share capital. Ratstand Barnes Ltd is under the control of Mr A C Michell and his wife, Mrs B
Michell
Ratstands Ltd
Notes to the Accounts
for the year ended 31 January 2026
9
Average number of employees
During the year the average number of employees was 14 (2025: 14).