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REGISTERED NUMBER: 10531241 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2023

FOR

RAZTAZ PROPERTIES LIMITED

RAZTAZ PROPERTIES LIMITED (REGISTERED NUMBER: 10531241)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


RAZTAZ PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr A Or





REGISTERED OFFICE: First Floor
85 Great Portland Street
London
London
W1W 7LT





REGISTERED NUMBER: 10531241 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

RAZTAZ PROPERTIES LIMITED (REGISTERED NUMBER: 10531241)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 153 -
Investment property 6 415,000 410,000
415,153 410,000

CURRENT ASSETS
Debtors 68 68
Cash at bank 19,577 17,626
19,645 17,694
CREDITORS
Amounts falling due within one year 124,772 127,490
NET CURRENT LIABILITIES (105,127 ) (109,796 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

310,026

300,204

CREDITORS
Amounts falling due after more than one
year

7

(309,590

)

(309,590

)

PROVISIONS FOR LIABILITIES (435 ) -
NET ASSETS/(LIABILITIES) 1 (9,386 )

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Fair value reserve 1,306 (3,258 )
Retained earnings (2,305 ) (7,128 )
SHAREHOLDERS' FUNDS 1 (9,386 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RAZTAZ PROPERTIES LIMITED (REGISTERED NUMBER: 10531241)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 March 2024 and were signed by:





Mr A Or - Director


RAZTAZ PROPERTIES LIMITED (REGISTERED NUMBER: 10531241)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Raztaz Properties 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

At the balance sheet date, the company's liabilities exceed its assets. The company has received assurances from its shareholders that they will continue to give full financial support to the company for the next twelve months.

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 - 33% on cost
Fixtures and fittings - 33% on cost

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

RAZTAZ PROPERTIES LIMITED (REGISTERED NUMBER: 10531241)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 2,921
Additions 230
At 31 December 2023 3,151
DEPRECIATION
At 1 January 2023 2,921
Charge for year 77
At 31 December 2023 2,998
NET BOOK VALUE
At 31 December 2023 153
At 31 December 2022 -

6. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 January 2023 410,000
Revaluations 5,000
At 31 December 2023 415,000
NET BOOK VALUE
At 31 December 2023 415,000
At 31 December 2022 410,000

Cost or valuation at 31 December 2023 is represented by:
£   
Valuation in 2023 5,000
Cost 410,000
415,000

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2023 2022
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 309,590 309,590

RAZTAZ PROPERTIES LIMITED (REGISTERED NUMBER: 10531241)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 309,590 309,590

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2023 and the period ended 31 December 2022:

2023 2022
£    £   
Mr A Or
Balance outstanding at start of year (122,275 ) (121,938 )
Amounts repaid (327 ) (337 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (122,602 ) (122,275 )