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Company Registration No. 05052169 (England and Wales)
Rayan Financial Services Ltd Unaudited accounts for the year ended 28 February 2022
Rayan Financial Services Ltd Unaudited accounts Contents
Page
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Rayan Financial Services Ltd Company Information for the year ended 28 February 2022
Director
Dilshad Cherri
Company Number
05052169 (England and Wales)
Registered Office
648 Hanworth Road Hounslow TW4 5NP England
Accountants
Richard McIntosh 5 South Charlotte Street Edinburgh EH2 4AN
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Rayan Financial Services Ltd Statement of financial position as at 28 February 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
381 
281 
Creditors: amounts falling due within one year
(12,487)
(12,032)
Net current liabilities
(12,106)
(11,751)
Net liabilities
(12,106)
(11,751)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(12,206)
(11,851)
Shareholders' funds
(12,106)
(11,751)
For the year ending 28 February 2022 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 August 2022 and were signed on its behalf by
Dilshad Cherri Director Company Registration No. 05052169
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Rayan Financial Services Ltd Notes to the Accounts for the year ended 28 February 2022
1
Statutory information
Rayan Financial Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 05052169. The registered office is 648 Hanworth Road, Hounslow, TW4 5NP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
5,075 
5,075 
Other creditors
390 
390 
Loans from directors
6,879 
6,567 
Accruals
143 
- 
12,487 
12,032 
5
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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