Registered number
09408565
RAJMANE LIMITED
Filleted Accounts
31 December 2022
RAJMANE LIMITED
Registered number: 09408565
Balance Sheet
as at 31 December 2022
Notes 2022 2021
£ £
Fixed assets
Tangible assets 3 15,028 19,225
Current assets
Stocks 5,135 15,396
Debtors 4 7,863 23,241
Cash at bank and in hand 75,721 39,982
88,719 78,619
Creditors: amounts falling due within one year 5 (32,835) (45,650)
Net current assets 55,884 32,969
Total assets less current liabilities 70,912 52,194
Creditors: amounts falling due after more than one year 6 (5,000) (31,471)
Provisions for liabilities (19,500) -
Net assets 46,412 20,723
Capital and reserves
Called up share capital 100 100
Profit and loss account 46,312 20,623
Shareholders' funds 46,412 20,723
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A.S. Rajmane
Director
Approved by the board on 29 September 2023
RAJMANE LIMITED
Notes to the Accounts
for the year ended 31 December 2022
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Government grant
Since the outbreak of Covid-19, the company has been able to utilise the Coronavirus Job Retention Scheme (CJRS) and the Government's support measure throughout the pandemic. The company has benefited from business rates relief in the current financial year.

Income under these schemes is classified as a government grant and is accounted for under FRS102, section 24 Government Grants. Such grants are recognised in the Income Statment in the period in which the associated costs for which the grants are intended to compensate are incurred. The grant income is reported as "other income" expense in the Income Statement.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Motor Vehicles over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2022 2021
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 January 2022 7,582 15,995 23,577
Additions 568 - 568
At 31 December 2022 8,150 15,995 24,145
Depreciation
At 1 January 2022 3,847 505 4,352
Charge for the year 1,566 3,199 4,765
At 31 December 2022 5,413 3,704 9,117
Net book value
At 31 December 2022 2,737 12,291 15,028
At 31 December 2021 3,735 15,490 19,225
4 Debtors 2022 2021
£ £
Trade debtors 2,426 605
Other debtors 5,437 22,636
7,863 23,241
5 Creditors: amounts falling due within one year 2022 2021
£ £
Trade creditors 10,734 12,206
Taxation and social security costs 8,775 5,386
Other creditors 8,226 25,458
Accruals 5,100 2,600
32,835 45,650
6 Creditors: amounts falling due after one year 2022 2021
£ £
Bank loans 5,000 31,471
7 Other information
RAJMANE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
34 The Glebe, West Drayton,
Middlesex
United Kingdom
UB7 9JF
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