Company Registration No. 14253988 (England and Wales)
NR RAO LIMITED
Unaudited accounts
for the period from 25 July 2022 to 31 July 2023
NR RAO LIMITED
Unaudited accounts
Contents
NR RAO LIMITED
Company Information
for the period from 25 July 2022 to 31 July 2023
Company Number
14253988 (England and Wales)
Registered Office
2 HEOL EGLWYS
CAERAU
CARDIFF
SOUTH GLAMORGAN
CF5 5NY
Accountants
Numera Accountancy Ltd
Certified Public Accountants
39 Clive Street
CARDIFF
CF11 7HJ
NR RAO LIMITED
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
8,248
Creditors: amounts falling due within one year
(12,951)
Total assets less current liabilities
23,309
Creditors: amounts falling due after more than one year
(27,481)
Called up share capital
100
Profit and loss account
(4,272)
Shareholders' funds
(4,172)
For the period ending 31 July 2023 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 15 April 2024 and were signed on its behalf by
Mrs Natalia Rao
Director
Company Registration No. 14253988
NR RAO LIMITED
Notes to the Accounts
for the period from 25 July 2022 to 31 July 2023
NR RAO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14253988. The registered office is 2 HEOL EGLWYS, CAERAU, CARDIFF, SOUTH GLAMORGAN, CF5 5NY.
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.
These financial statements for the period from 25 July 2022 to 31 July 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 25 July 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
NR RAO LIMITED
Notes to the Accounts
for the period from 25 July 2022 to 31 July 2023
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
1,097
14,547
15,644
At 31 July 2023
1,097
14,547
15,644
Charge for the period
274
3,637
3,911
At 31 July 2023
274
3,637
3,911
At 31 July 2023
823
10,910
11,733
Amounts falling due within one year
Accrued income and prepayments
3,750
7
Creditors: amounts falling due within one year
2023
NR RAO LIMITED
Notes to the Accounts
for the period from 25 July 2022 to 31 July 2023
8
Creditors: amounts falling due after more than one year
2023
Loans from directors
22,481
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
10
Average number of employees
During the period the average number of employees was 1.