REGISTERED NUMBER: 06731726 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Raman Associates Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

29,787

37,624

CURRENT ASSETS

Debtors

5

118,957

108,114

Cash at bank

30,289

15,422

149,246

123,536

CREDITORS

Amounts falling due within one year

6

19,175

11,657

NET CURRENT ASSETS

130,071

111,879

TOTAL ASSETS LESS CURRENT LIABILITIES

159,858

149,503

CREDITORS

Amounts falling due after more than one year

7

(21,619

)

(25,936

)

PROVISIONS FOR LIABILITIES

8

(5,660

)

(7,149

)

NET ASSETS

132,579

116,418

CAPITAL AND RESERVES

Called up share capital

9

202

200

Retained earnings

132,377

116,218

SHAREHOLDERS' FUNDS

132,579

116,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2026 and were signed on its behalf by:

Dr R Sethuraman - Director

1.	STATUTORY INFORMATION

Raman Associates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06731726

Registered office:

C/o Echo Tax, SPACES Manchester

Peter House

Oxford Street

Manchester

M1 5AN

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

3,346

46,228

49,574

Disposals

(1,582

)

-

(1,582

)

At 31 March 2026

1,764

46,228

47,992

DEPRECIATION

At 1 April 2025

2,704

9,246

11,950

Charge for year

441

7,396

7,837

Eliminated on disposal

(1,582

)

-

(1,582

)

At 31 March 2026

1,563

16,642

18,205

NET BOOK VALUE

At 31 March 2026

201

29,586

29,787

At 31 March 2025

642

36,982

37,624

5.

DEBTORS

31.3.26

31.3.25

£

£

Amounts falling due within one year:

Trade debtors

12,604

7,137

Amounts falling due after more than one year:

Amounts owed by associates

106,353

100,977

Aggregate amounts

118,957

108,114

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

4,317

4,317

Tax

11,693

5,602

Social security and other taxes

414

(339

)

Directors' current accounts

1,431

1,057

Accrued expenses

1,320

1,020

19,175

11,657

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

21,619

25,936

8.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

5,660

7,149

Deferred

tax

£

Balance at 1 April 2025

7,149

Utilised during year

(1,489

)

Balance at 31 March 2026

5,660

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£100

100

100

1

Ordinary C

£1

1

-

(31.3.25 - NIL)

1

Ordinary D

£1

1

-

(31.3.25 - NIL)

202

200

The following shares were issued during the year for cash at par :

1 Ordinary C share of £1

1 Ordinary D share of £1

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

Dr R Sethuraman and Mrs A Sethuraman

Balance outstanding at start of year

(1,057

)

(7,198

)

Amounts advanced

18,659

7,408

Amounts repaid

(19,033

)

(1,267

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,431

)

(1,057

)

11.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors.