PTP Accounts Production v20.3.0.228 08048306 Board of Directors Board of Directors 1.4.21 31.3.22 31.3.22 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure080483062021-03-31080483062022-03-31080483062021-04-012022-03-31080483062020-03-31080483062020-04-012021-03-31080483062021-03-3108048306ns16:EnglandWales2021-04-012022-03-3108048306ns15:PoundSterling2021-04-012022-03-3108048306ns11:Director12021-04-012022-03-3108048306ns11:Director22021-04-012022-03-3108048306ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3108048306ns11:SmallEntities2021-04-012022-03-3108048306ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3108048306ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3108048306ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3108048306ns11:FullAccounts2021-04-012022-03-3108048306ns11:RegisteredOffice2021-04-012022-03-3108048306ns6:CurrentFinancialInstruments2022-03-3108048306ns6:CurrentFinancialInstruments2021-03-3108048306ns6:ShareCapital2022-03-3108048306ns6:ShareCapital2021-03-3108048306ns6:RetainedEarningsAccumulatedLosses2022-03-3108048306ns6:RetainedEarningsAccumulatedLosses2021-03-3108048306ns6:PlantMachinery2021-04-012022-03-3108048306ns6:PlantMachinery2021-03-3108048306ns6:PlantMachinery2022-03-3108048306ns6:PlantMachinery2021-03-3108048306ns6:CurrentFinancialInstrumentsns6:WithinOneYear2022-03-3108048306ns6:CurrentFinancialInstrumentsns6:WithinOneYear2021-03-31
REGISTERED NUMBER: 08048306 (England and Wales)





















Unaudited Financial Statements for the Year Ended 31 March 2022

for

RESHKA LIMITED

RESHKA LIMITED (Registered number: 08048306)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RESHKA LIMITED

Company Information
for the Year Ended 31 March 2022







DIRECTORS: Dr A Patel
Mrs B A Patel





REGISTERED OFFICE: 3 Fugelmere Close
Harborne
Birmingham
B17 8SE





REGISTERED NUMBER: 08048306 (England and Wales)






RESHKA LIMITED (Registered number: 08048306)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,018 1,198
Investments 5 - -
Investment property 6 250,000 212,500
251,018 213,698

CURRENT ASSETS
Debtors 7 82 240
Cash at bank 60,724 62,712
60,806 62,952
CREDITORS
Amounts falling due within one year 8 2,969 1,899
NET CURRENT ASSETS 57,837 61,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

308,855

274,751

PROVISIONS FOR LIABILITIES 7,794 669
NET ASSETS 301,061 274,082

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 301,059 274,080
SHAREHOLDERS' FUNDS 301,061 274,082

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

RESHKA LIMITED (Registered number: 08048306)

Balance Sheet - continued
31 March 2022


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 15 August 2022 and were signed on its behalf by:




Dr A Patel - Director



Mrs B A Patel - Director


RESHKA LIMITED (Registered number: 08048306)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

RESHKA LIMITED is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

RESHKA LIMITED (Registered number: 08048306)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021
and 31 March 2022 1,409
DEPRECIATION
At 1 April 2021 211
Charge for year 180
At 31 March 2022 391
NET BOOK VALUE
At 31 March 2022 1,018
At 31 March 2021 1,198

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.22 31.3.21
£    £   
Business investment 30,000 30,000
Cashout (30,000 ) (30,000 )
- -

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2021 212,500
Revaluations 37,500
At 31 March 2022 250,000
NET BOOK VALUE
At 31 March 2022 250,000
At 31 March 2021 212,500

Investment property comprise of one residential properties. The fair values of the investment properties has been arrived at on the basis of valuations carried out on 31 March 2022 by the Directors. The valuation was made on an open market values basis by reference to market evidence of similar properties transaction prices.

RESHKA LIMITED (Registered number: 08048306)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

6. INVESTMENT PROPERTY - continued

Fair value at 31 March 2022 is represented by:

£   
Valuation in 2020 208,978
Valuation in 2021 3,522
Valuation in 2022 37,500
250,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Other debtors 82 240

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade creditors 1 1
Taxation and social security 1,122 420
Other creditors 1,846 1,478
2,969 1,899

9. ULTIMATE CONTROLLING PARTY

DR A R Patel Discretionary Settlement Trust and Mrs B A Patel Discretionary Trust holds 100% of the share capital.