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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
Page
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NR RAO LIMITED Company Information for the period from 25 July 2022 to 31 July 2023
Director
Mrs Natalia Rao
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
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NR RAO LIMITED Statement of financial position as at 31 July 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
2,186 
Tangible assets
11,733 
13,919 
Current assets
Inventories
6,595 
Debtors
7,498 
Cash at bank and in hand
8,248 
22,341 
Creditors: amounts falling due within one year
(12,951)
Net current assets
9,390 
Total assets less current liabilities
23,309 
Creditors: amounts falling due after more than one year
(27,481)
Net liabilities
(4,172)
Capital and reserves
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
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NR RAO LIMITED Notes to the Accounts for the period from 25 July 2022 to 31 July 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
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
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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NR RAO LIMITED Notes to the Accounts for the period from 25 July 2022 to 31 July 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 25 July 2022
- 
Additions
2,186 
At 31 July 2023
2,186 
Amortisation
At 25 July 2022
- 
At 31 July 2023
- 
Net book value
At 31 July 2023
2,186 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 25 July 2022
- 
- 
- 
Additions
1,097 
14,547 
15,644 
At 31 July 2023
1,097 
14,547 
15,644 
Depreciation
Charge for the period
274 
3,637 
3,911 
At 31 July 2023
274 
3,637 
3,911 
Net book value
At 31 July 2023
823 
10,910 
11,733 
6
Debtors
2023 
£ 
Amounts falling due within one year
Accrued income and prepayments
3,750 
Other debtors
3,748 
7,498 
7
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
9,572 
Other creditors
1,667 
Accruals
1,712 
12,951 
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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 
£ 
Other creditors
5,000 
Loans from directors
22,481 
27,481 
9
Share capital
2023 
£ 
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.
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