IRIS Accounts Production v23.3.0.418 09325491 Board of Directors 1.1.22 28.2.23 28.2.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure093254912021-12-31093254912023-02-28093254912022-01-012023-02-28093254912020-12-31093254912021-01-012021-12-31093254912021-12-3109325491ns16:EnglandWales2022-01-012023-02-2809325491ns15:PoundSterling2022-01-012023-02-2809325491ns11:Director12022-01-012023-02-2809325491ns11:PrivateLimitedCompanyLtd2022-01-012023-02-2809325491ns11:SmallEntities2022-01-012023-02-2809325491ns11:AuditExempt-NoAccountantsReport2022-01-012023-02-2809325491ns11:SmallCompaniesRegimeForDirectorsReport2022-01-012023-02-2809325491ns11:SmallCompaniesRegimeForAccounts2022-01-012023-02-2809325491ns11:FullAccounts2022-01-012023-02-280932549112022-01-012023-02-2809325491ns11:OrdinaryShareClass12022-01-012023-02-2809325491ns11:Director22022-01-012023-02-2809325491ns11:RegisteredOffice2022-01-012023-02-2809325491ns6:CurrentFinancialInstruments2023-02-2809325491ns6:CurrentFinancialInstruments2021-12-3109325491ns6:ShareCapital2023-02-2809325491ns6:ShareCapital2021-12-3109325491ns6:RetainedEarningsAccumulatedLosses2023-02-2809325491ns6:RetainedEarningsAccumulatedLosses2021-12-3109325491ns6:IntangibleAssetsOtherThanGoodwill2022-01-012023-02-2809325491ns6:PlantMachinery2022-01-012023-02-2809325491ns6:NetGoodwill2021-12-3109325491ns6:NetGoodwill2022-01-012023-02-2809325491ns6:NetGoodwill2023-02-2809325491ns6:NetGoodwill2021-12-3109325491ns6:PlantMachinery2021-12-3109325491ns6:PlantMachinery2023-02-2809325491ns6:PlantMachinery2021-12-3109325491ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2809325491ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3109325491ns11:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: 09325491 (England and Wales)


Financial Statements for the Period 1 January 2022 to 28 February 2023

for

Rana Stores (UK) Ltd

Rana Stores (UK) Ltd (Registered number: 09325491)






Contents of the Financial Statements
for the Period 1 January 2022 to 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Rana Stores (UK) Ltd

Company Information
for the Period 1 January 2022 to 28 February 2023







DIRECTORS: Mr Surinder Rana
Mrs Daljit Kaur Rana





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 09325491 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Rana Stores (UK) Ltd (Registered number: 09325491)

Statement of Financial Position
28 February 2023

28.2.23 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 60,000
Property, plant and equipment 5 - 1,298
- 61,298

CURRENT ASSETS
Inventories - 24,290
Debtors 6 - 920
Cash at bank and in hand 67,420 66,742
67,420 91,952
CREDITORS
Amounts falling due within one year 7 64,136 141,433
NET CURRENT ASSETS/(LIABILITIES) 3,284 (49,481 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,284

11,817

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 3,084 11,617
SHAREHOLDERS' FUNDS 3,284 11,817

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 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.

Rana Stores (UK) Ltd (Registered number: 09325491)

Statement of Financial Position - continued
28 February 2023


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 6 November 2023 and were signed on its behalf by:





Mr Surinder Rana - Director


Rana Stores (UK) Ltd (Registered number: 09325491)

Notes to the Financial Statements
for the Period 1 January 2022 to 28 February 2023

1. STATUTORY INFORMATION

Rana Stores (UK) Ltd 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2021 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2022 60,000
Disposals (60,000 )
At 28 February 2023 -
NET BOOK VALUE
At 28 February 2023 -
At 31 December 2021 60,000

Rana Stores (UK) Ltd (Registered number: 09325491)

Notes to the Financial Statements - continued
for the Period 1 January 2022 to 28 February 2023

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2022 6,679
Disposals (6,679 )
At 28 February 2023 -
DEPRECIATION
At 1 January 2022 5,381
Charge for period 352
Eliminated on disposal (5,733 )
At 28 February 2023 -
NET BOOK VALUE
At 28 February 2023 -
At 31 December 2021 1,298

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 31.12.21
£    £   
Other debtors - 920

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 31.12.21
£    £   
Trade creditors - 3,251
Taxation and social security - 3,184
Other creditors 64,136 134,998
64,136 141,433

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 31.12.21
value: £    £   
200 Ordinary £1 200 200

9. RELATED PARTY DISCLOSURES

During the year, the company has to pay rent of £6,500 (£2021: £6,000) in respect of the business property owned by the directors.