Registration number: 14008049

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