RAM 227 Limited - Accounts to registrar (filleted) - small 18.2

RAM 227 Limited - Accounts to registrar (filleted) - small 18.2

RAM 227 LIMITED - Company Information

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REGISTERED NUMBER: SC551490 (Scotland)















Unaudited Financial Statements for the Year Ended 30th June 2020

for

RAM 227 Limited
McLaughlin Crolla LLP
2nd Floor
77 Hanover Street
Edinburgh
EH2 1EE








RAM 227 Limited (Registered number: SC551490)






Contents of the Financial Statements
for the Year Ended 30th June 2020




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 4


RAM 227 Limited

Company Information
for the Year Ended 30th June 2020







DIRECTORS: Mr B McAllister
Mr R Ord





REGISTERED OFFICE: c/o Bellwether Green
225 West George Street
Glasgow
G2 2ND





REGISTERED NUMBER: SC551490 (Scotland)





ACCOUNTANTS: McLaughlin Crolla LLP
2nd Floor
77 Hanover Street
Edinburgh
EH2 1EE
Page 1
RAM 227 Limited

Report of the Accountants to the Directors of
RAM 227 Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30th June 2020 set out on pages four to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






McLaughlin Crolla LLP
2nd Floor
77 Hanover Street
Edinburgh
EH2 1EE


14th October 2020

This page does not form part of the statutory financial statements

Page 2
RAM 227 Limited (Registered number: SC551490)

Balance Sheet
30th June 2020

30/6/20 30/6/19
Notes £    £    £    £   
FIXED ASSETS
Investments 4 519,302 519,302

CURRENT ASSETS
Debtors 5 477,753 314,661
Cash in hand 1 1
477,754 314,662
CREDITORS
Amounts falling due within one year 6 61,860 80,900
NET CURRENT ASSETS 415,894 233,762
TOTAL ASSETS LESS CURRENT LIABILITIES 935,196 753,064

CAPITAL AND RESERVES
Called up share capital 16,236 16,236
Retained earnings 918,960 736,828
SHAREHOLDERS' FUNDS 935,196 753,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2020 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 14th October 2020 and were signed on its behalf by:





Mr B McAllister - Director


The notes form part of these financial statements

Page 3
RAM 227 Limited (Registered number: SC551490)

Notes to the Financial Statements
for the Year Ended 30th June 2020

1. STATUTORY INFORMATION

RAM 227 Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Preparation of consolidated financial statements
The financial statements contain information about RAM 227 Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
Cost
At 1st July 2019
and 30th June 2020 519,302
Net book value
At 30th June 2020 519,302
At 30th June 2019 519,302

Page 4 continued...
RAM 227 Limited (Registered number: SC551490)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2020

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/20 30/6/19
£    £   
Amounts owed by group undertakings 477,753 314,661

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/20 30/6/19
£    £   
Directors' loan accounts 60,000 80,000
Accrued expenses 1,860 900
61,860 80,900

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Page 5