IRIS Accounts Production v22.1.4.3 12170453 Board of Directors 1.12.20 30.11.21 30.11.21 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure121704532020-11-30121704532021-11-30121704532020-12-012021-11-30121704532019-08-21121704532019-08-222020-11-30121704532020-11-3012170453ns16:EnglandWales2020-12-012021-11-3012170453ns15:PoundSterling2020-12-012021-11-3012170453ns11:Director12020-12-012021-11-3012170453ns11:PrivateLimitedCompanyLtd2020-12-012021-11-3012170453ns11:SmallEntities2020-12-012021-11-3012170453ns11:AuditExempt-NoAccountantsReport2020-12-012021-11-3012170453ns11:SmallCompaniesRegimeForDirectorsReport2020-12-012021-11-3012170453ns11:SmallCompaniesRegimeForAccounts2020-12-012021-11-3012170453ns11:FullAccounts2020-12-012021-11-301217045312020-12-012021-11-3012170453ns11:Director22020-12-012021-11-3012170453ns11:RegisteredOffice2020-12-012021-11-3012170453ns6:CurrentFinancialInstruments2021-11-3012170453ns6:CurrentFinancialInstruments2020-11-3012170453ns6:Non-currentFinancialInstruments2021-11-3012170453ns6:Non-currentFinancialInstruments2020-11-3012170453ns6:ShareCapital2021-11-3012170453ns6:ShareCapital2020-11-3012170453ns6:RetainedEarningsAccumulatedLosses2021-11-3012170453ns6:RetainedEarningsAccumulatedLosses2020-11-3012170453ns6:NetGoodwill2020-12-012021-11-3012170453ns6:IntangibleAssetsOtherThanGoodwill2020-12-012021-11-3012170453ns6:PlantMachinery2020-12-012021-11-3012170453ns6:FurnitureFittings2020-12-012021-11-3012170453ns6:NetGoodwill2020-11-3012170453ns6:NetGoodwill2021-11-3012170453ns6:NetGoodwill2020-11-3012170453ns6:PlantMachinery2020-11-3012170453ns6:FurnitureFittings2020-11-3012170453ns6:PlantMachinery2021-11-3012170453ns6:FurnitureFittings2021-11-3012170453ns6:PlantMachinery2020-11-3012170453ns6:FurnitureFittings2020-11-3012170453ns6:WithinOneYearns6:CurrentFinancialInstruments2021-11-3012170453ns6:WithinOneYearns6:CurrentFinancialInstruments2020-11-30
REGISTERED NUMBER: 12170453 (England and Wales)















Financial Statements for the Year Ended 30 November 2021

for

Russell Evans Rahaman Limited

Russell Evans Rahaman Limited (Registered number: 12170453)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Russell Evans Rahaman Limited

Company Information
for the Year Ended 30 November 2021







DIRECTORS: Ms B R Rahaman-Rahim
N R Rahim





REGISTERED OFFICE: 795 Harrow Road
Wembley
United Kingdom
HA0 2LP





REGISTERED NUMBER: 12170453 (England and Wales)





ACCOUNTANTS: Vitta Advisory Limited
54 Newberries Avenue
Radlett
WD7 7EP

Russell Evans Rahaman Limited (Registered number: 12170453)

Balance Sheet
30 November 2021

30.11.21 30.11.20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 11,964 16,066
Tangible assets 5 3,926 5,681
15,890 21,747

CURRENT ASSETS
Work in progress 26,000 18,000
Debtors 6 83,246 63,695
Cash at bank 614,196 50,764
723,442 132,459
CREDITORS
Amounts falling due within one year 7 685,360 88,581
NET CURRENT ASSETS 38,082 43,878
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,972

65,625

CREDITORS
Amounts falling due after more than one
year

8

40,000

50,000
NET ASSETS 13,972 15,625

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,872 15,525
13,972 15,625

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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.

Russell Evans Rahaman Limited (Registered number: 12170453)

Balance Sheet - continued
30 November 2021


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 25 August 2022 and were signed on its behalf by:





N R Rahim - Director


Russell Evans Rahaman Limited (Registered number: 12170453)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

Russell Evans Rahaman 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on cost
Fixtures and fittings - 25% on cost

Work in progress
Work in progress is valued at the lower of cost and net realisable value.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Russell Evans Rahaman Limited (Registered number: 12170453)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2020
and 30 November 2021 20,510
AMORTISATION
At 1 December 2020 4,444
Amortisation for year 4,102
At 30 November 2021 8,546
NET BOOK VALUE
At 30 November 2021 11,964
At 30 November 2020 16,066

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 December 2020
and 30 November 2021 1,506 5,516 7,022
DEPRECIATION
At 1 December 2020 408 933 1,341
Charge for year 376 1,379 1,755
At 30 November 2021 784 2,312 3,096
NET BOOK VALUE
At 30 November 2021 722 3,204 3,926
At 30 November 2020 1,098 4,583 5,681

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Other debtors 83,246 63,695

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Bank loans and overdrafts 10,000 116
Trade creditors 7,286 6,279
Taxation and social security 21,954 12,318
Other creditors 646,120 69,868
685,360 88,581

Russell Evans Rahaman Limited (Registered number: 12170453)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.21 30.11.20
£    £   
Bank loans 40,000 50,000