Registered number
14671924
Rawadari Ltd
Filleted Accounts
31 December 2023
Rawadari Ltd
Registered number: 14671924
Balance Sheet
as at 31 December 2023
Notes 2023
£
Current assets
Cash at bank and in hand 710,049
Creditors: amounts falling due within one year 4 (710,049)
Net current assets -
Net assets -
Capital and reserves
Shareholder's funds -
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Rachel Reid
Director
Approved by the board on 15 August 2024
Rawadari Ltd
Notes to the Accounts
for the period from 17 February 2023 to 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants
It is recognised when the company has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.
2 Audit information
The audit report is unqualified.
Senior statutory auditor: Asim Malik FCA
Firm: Hamilton Coopers
Date of audit report: 15 August 2024
3 Employees 2023
Number
Average number of persons employed by the company 0
4 Creditors: amounts falling due within one year 2023
£
Trade creditors 13,018
Other creditors 697,031
710,049
5 Other information
Rawadari Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Rawadari Ltd 14671924 false 2023-02-17 2023-12-31 2023-12-31 VT Final Accounts April 2024 Rachel Reid No description of principal activity 14671924 2023-02-17 2023-12-31 14671924 bus:PrivateLimitedCompanyLtd 2023-02-17 2023-12-31 14671924 bus:Audited 2023-02-17 2023-12-31 14671924 bus:Director40 2023-02-17 2023-12-31 14671924 1 2023-02-17 2023-12-31 14671924 2 2023-02-17 2023-12-31 14671924 countries:England 2023-02-17 2023-12-31 14671924 bus:FRS102 2023-02-17 2023-12-31 14671924 bus:FilletedAccounts 2023-02-17 2023-12-31 14671924 bus:SmallCompaniesRegimeForAccounts 2023-02-17 2023-12-31 14671924 2023-12-31 14671924 core:WithinOneYear 2023-12-31 14671924 2023-02-16 iso4217:GBP xbrli:pure