Rai Estates Ltd 07837244 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Residential property letting company Digita Accounts Production Advanced 6.30.9574.0 true 07837244 2023-01-01 2023-12-31 07837244 2023-12-31 07837244 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07837244 bus:Micro-entities 2023-01-01 2023-12-31 07837244 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07837244 bus:FullAccounts 2023-01-01 2023-12-31 07837244 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07837244 bus:RegisteredOffice 2023-01-01 2023-12-31 07837244 bus:Director1 2023-01-01 2023-12-31 07837244 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07837244 countries:UnitedKingdom 2023-01-01 2023-12-31 07837244 2022-01-01 2022-12-31 07837244 2022-12-31 07837244 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 07837244

Rai Estates Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Rai Estates Ltd

Contents

Company Information

1

Director's Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

Rai Estates Ltd

Company Information

Director

Mr Jaswinder Singh Rai

Registered office

91 Alma Road
Portswood
SO14 6UY

Accountants

Mandair & Co
Chartered Accountants
Partnership House
84 Lodge Road
Southampton
Hampshire
SO14 6RG

 

Rai Estates Ltd

Director's Report for the Year Ended 31 December 2023

The director presents his report and the financial statements for the year ended 31 December 2023.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Director of the company

The director who held office during the year was as follows:

Mr Jaswinder Singh Rai

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 12 April 2024
 

.........................................
Mr Jaswinder Singh Rai
Director

 

Rai Estates Ltd

(Registration number: 07837244)
Balance Sheet as at 31 December 2023

2023
£

2022
£

Fixed assets

1,216,903

892,887

Current assets

62,738

13,425

Creditors: Amounts falling due within one year

(1,259,577)

(909,353)

Net current liabilities

(1,196,839)

(895,928)

Total assets less current liabilities

20,064

(3,041)

Accruals and deferred income

(780)

(780)

 

19,284

(3,821)

Capital and reserves

19,284

(3,821)

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
91 Alma Road
Portswood
SO14 6UY

These financial statements were authorised for issue by the director on 12 April 2024.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Rai Estates Ltd

(Registration number: 07837244)
Balance Sheet as at 31 December 2023

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 April 2024
 

.........................................
Mr Jaswinder Singh Rai
Director