Company registration number 10787178 (England and Wales)
RAMECO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
RAMECO LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
RAMECO LTD
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
25,125
21,438
Current assets
Stocks
21,786
21,150
Debtors
34,533
31,652
Cash at bank and in hand
33,412
17,090
89,731
69,892
Creditors: amounts falling due within one year
5
(72,208)
(35,122)
Net current assets
17,523
34,770
Total assets less current liabilities
42,648
56,208
Creditors: amounts falling due after more than one year
6
(9,247)
(12,046)
Provisions for liabilities
(4,774)
(4,335)
Net assets
28,627
39,827
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
28,427
39,627
Total equity
28,627
39,827
RAMECO LTD
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2025
31 August 2025
- 2 -
For the financial year ended 31 August 2025 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 of its financial statements for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 24 August 2026 and are signed on its behalf by:
Mrs E L Ramella
Director
Company registration number 10787178 (England and Wales)
RAMECO LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 3 -
1
Accounting policies
Company information
RamEco Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 2A, Charlton Street, Grimsby, N E Lincolnshire, England, DN31 1SQ.
1.1
Basis of preparation
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
1.2
Going concern
Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Turnover
Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
20% RB
Fixtures and fittings
20% RB
Computers
25% RB
Motor vehicles
25% RB
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
RAMECO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
9
9
3
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
8,441
16,515
Deferred tax
Origination and reversal of timing differences
439
(1,347)
Total tax charge
8,880
15,168
RAMECO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 5 -
4
Tangible fixed assets
Total
£
Cost
At 1 September 2024
56,131
Additions
11,682
Disposals
(8,295)
At 31 August 2025
59,518
Depreciation and impairment
At 1 September 2024
34,691
Depreciation charged in the year
6,941
Eliminated in respect of disposals
(7,239)
At 31 August 2025
34,393
Carrying amount
At 31 August 2025
25,125
At 31 August 2024
21,438
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
7,904
10,312
Obligations under finance leases
4,666
2,367
Trade creditors
1,800
Corporation tax
23,311
16,515
Other taxation and social security
2,836
1,643
Other creditors
29,618
610
Accruals and deferred income
3,873
1,875
72,208
35,122
6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
7,904
Obligations under finance leases
9,247
4,142
9,247
12,046