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Registration number: 14008049

Rams Vision Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 November 2025

Rams Vision Ltd

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 6

Rams Vision Ltd

(Registration number: 14008049)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 75,971 | 112,706
Tangible assets | 5 | 45,174 | 67,367
|  | 121,145 | 180,073
Current assets |  |  |
Stocks | 6 | 27,616 | 22,184
Debtors | 7 | 19,905 | 30,432
Cash at bank and in hand |  | 6,673 | 26,446
|  | 54,194 | 79,062
Creditors: Amounts falling due within one year | 8 | (47,458) | (110,840)
Net current assets/(liabilities) |  | 6,736 | (31,778)
Total assets less current liabilities |  | 127,881 | 148,295
Creditors: Amounts falling due after more than one year | 8 | (188,437) | (210,137)
Net liabilities |  | (60,556) | (61,842)
Capital and reserves |  |  |
Called up share capital |  | 205 | 205
Retained earnings |  | (60,761) | (62,047)
Shareholders' deficit |  | (60,556) | (61,842)

Rams Vision Ltd

(Registration number: 14008049)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 July 2026

......................................... Mrs Sonia Talwar Director |  |

Rams Vision Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
4 Mulberry Walk
302 Lichfield Road
Sutton Coldfield
West Midlands
B74 2UG
England

These financial statements were authorised for issue by the director on 9 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Rams Vision Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 20% Straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Franchise Fee | 10% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Rams Vision Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2024 - 8).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 December 2024 | 186,178 | 186,178
At 30 November 2025 | 186,178 | 186,178
Amortisation
At 1 December 2024 | 73,471 | 73,471
Amortisation charge | 36,736 | 36,736
At 30 November 2025 | 110,207 | 110,207
Carrying amount
At 30 November 2025 | 75,971 | 75,971
At 30 November 2024 | 112,706 | 112,706

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 December 2024 | 112,025 | 112,025
Additions | 265 | 265
At 30 November 2025 | 112,290 | 112,290
Depreciation
At 1 December 2024 | 44,658 | 44,658
Charge for the year | 22,458 | 22,458
At 30 November 2025 | 67,116 | 67,116
Carrying amount
At 30 November 2025 | 45,174 | 45,174
At 30 November 2024 | 67,367 | 67,367

Rams Vision Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

6 | Stocks

| 2025 £ | 2024 £
Finished goods and goods for resale | 27,616 | 22,184

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | 8,266 | 11,304
Other debtors | - | 5,498
Prepayments | 11,639 | 13,630
| 19,905 | 30,432

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 16,973 | 12,245
Trade creditors |  | 36,839 | 41,490
Taxation and social security |  | 24,171 | 14,648
Accruals and deferred income |  | 6,979 | 12,079
Other creditors |  | (37,504) | 30,378
|  | 47,458 | 110,840

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 188,437 | 210,137