Ramsay 69 Limited

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05520632

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3		1,944		1,787

			1,944		1,787
CURRENT ASSETS
Stocks	4	175,940		147,735
Debtors	5	51,176		44,773
Cash at bank and in hand		18,286		55,475

		245,402		247,983
Creditors: Amounts Falling Due Within One Year	6	(100,480 )		(98,675 )

NET CURRENT ASSETS (LIABILITIES)			144,922		149,308

TOTAL ASSETS LESS CURRENT LIABILITIES			146,866		151,095

Creditors: Amounts Falling Due After More Than One Year	7		(19,806 )		(25,309 )

NET ASSETS			127,060		125,786

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			127,058		125,784

SHAREHOLDERS' FUNDS			127,060		125,786

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Ramsay 69 Limited

Balance Sheet (continued)

As At 31 January 2026

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John Ramsay

Director

20 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

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

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax. Turnover comprises income arising from the sale of antiques, collectibles and related items in the ordinary course of business.

Sale of antiques and collectibles

Turnover from the sale of antiques and collectibles is recognised when control of the items has passed to the customer, being the point at which the customer takes possession of the goods or, where goods are delivered, upon delivery to and acceptance by the customer. At this point the significant risks and rewards of ownership have transferred to the customer, recovery of the consideration is probable, and the amount of revenue can be measured reliably.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	Reducing Balance Method - 25%
Computer Equipment	Straight Line Method - 33%

1.4. Stocks and Work in Progress

Stocks comprise antiques, works of art, collectibles and other items held for resale and are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined on an item-by-item basis and includes all costs incurred in bringing the items to their present location and condition. Appropriate provision is made for items that are slow-moving, damaged or where the estimated selling price is lower than cost.

1.5. Foreign Currencies

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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

1.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Ramsay 69 Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 3 (2025: 3)

3. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 February 2025	750	8,610	9,360
Additions	-	1,870	1,870

As at 31 January 2026	750	10,480	11,230

Depreciation
As at 1 February 2025	321	7,252	7,573
Provided during the period	107	1,606	1,713

As at 31 January 2026	428	8,858	9,286

Net Book Value
As at 31 January 2026	322	1,622	1,944

As at 1 February 2025	429	1,358	1,787

4. Stocks

	2026	2025
	£	£
Stock	175,940	147,735

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	42,362	37,399
Prepayments and accrued income	8,814	7,374

	51,176	44,773

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	21,690	14,915
Bank loans and overdrafts	5,556	5,556
Corporation tax	55,472	52,095
Other taxes and social security	731	506
VAT	9,204	21,668
Net wages	2,694	-
Pension	209	-
Accruals and deferred income	4,387	3,359
Directors' loan accounts	537	576

	100,480	98,675

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Ramsay 69 Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	19,806	25,309

	19,806	25,309

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

9. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans from directors:

	As at 1 February 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2026
	£	£	£	£	£
Mr John Ramsay	(288 )	91,890	(91,870 )	-	(268 )
Mrs Louisa Ramsay	(288 )	91,890	(91,870 )	-	(269 )

The above loan is unsecured, interest free and repayable on demand.

10. Related Party Transactions

Stock:

Included within closing stock at the year end is stock with a carrying value of £49,400 (2025: £49,400) purchased from John Ramsay, a director of the company.

Employees:

The company's only employee, other than the two directors, is the daughter of the directors. Her remuneration and terms of employment are considered to be equivalent to those that would prevail in an arm's length transaction.

11. Ultimate Controlling Party

The company's ultimate controlling party are Mr John Patrick Ramsay and Mrs Louisa Ramsay by virtue of their ownership of 100% of the issued share capital in the company.

12. General Information

Ramsay 69 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05520632 . The registered office is 227 Ebury Street, London, United Kingdom, SW1W 8UT.

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