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REGISTERED NUMBER: 10216719 (England and Wales)









Financial Statements for the Year Ended 30th June 2023

for

Rahim Group Limited

Rahim Group Limited (Registered number: 10216719)

Contents of the Financial Statements
for the Year Ended 30th June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Rahim Group Limited

Company Information
for the Year Ended 30th June 2023







DIRECTOR: N R Rahim





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





REGISTERED NUMBER: 10216719 (England and Wales)





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

Rahim Group Limited (Registered number: 10216719)

Balance Sheet
30th June 2023

30/6/23 30/6/22
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,245 2,491
Investments 5 1,667 1,667
2,912 4,158

CURRENT ASSETS
Debtors 6 103,899 107,799
Cash at bank 68 54
103,967 107,853
CREDITORS
Amounts falling due within one year 7 (74,605 ) (33,468 )
NET CURRENT ASSETS 29,362 74,385
TOTAL ASSETS LESS CURRENT LIABILITIES 32,274 78,543

CREDITORS
Amounts falling due after more than one year 8 (31,291 ) (39,595 )
NET ASSETS 983 38,948

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 979 38,944
983 38,948

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

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

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 director and authorised for issue on 15th March 2024 and were signed by:





N R Rahim - Director


Rahim Group Limited (Registered number: 10216719)

Notes to the Financial Statements
for the Year Ended 30th June 2023


1. STATUTORY INFORMATION

Rahim Group 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.

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 reducing balance
Computer equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st July 2022
and 30th June 2023 658 4,324 4,982
DEPRECIATION
At 1st July 2022 329 2,162 2,491
Charge for year 165 1,081 1,246
At 30th June 2023 494 3,243 3,737
NET BOOK VALUE
At 30th June 2023 164 1,081 1,245
At 30th June 2022 329 2,162 2,491

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st July 2022
and 30th June 2023 1,667
NET BOOK VALUE
At 30th June 2023 1,667
At 30th June 2022 1,667

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Trade debtors 90,899 91,799
Other debtors 13,000 16,000
103,899 107,799

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 840 -
Taxation and social security 2,618 2,611
Other creditors 61,147 20,857
74,605 33,468

Rahim Group Limited (Registered number: 10216719)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/6/23 30/6/22
£    £   
Bank loans 31,291 39,595