2023-01-01 2023-12-31 02755876 Ranu Enterprises Limited false 02755876 2023-01-01 2023-12-31 02755876 uk-bus:Director1 2023-01-01 2023-12-31 02755876 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02755876 uk-bus:SmallEntities 2023-01-01 2023-12-31 02755876 uk-bus:FullAccounts 2023-01-01 2023-12-31 02755876 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02755876 2023-01-01 02755876 2023-12-31 02755876 2022-12-31 xbrli:pure iso4217:GBP 02755876 2022-01-01 2022-12-31
Company Registration Number : 02755876 (England and Wales)
02755876
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-12-31
false
Ranu Enterprises Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-01-01
Ranu Enterprises Limited
Unaudited filleted financial statements
For the year ended 31 December 2023
Ranu Enterprises Limited
Contents
For the year ended 31 December 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 7


Ranu Enterprises Limited
Company Information
For the year ended 31 December 2023

Company registration number 02755876 (England and Wales)
Directors Randhir Ranu
Ranjit Ranu
Company secretary Ranjit Ranu
Registered office address 50 Elizabeth Street
Leicester
LE5 4FL
Accountant DNS Associates
Pacific House
Middlesex Harrow
HA3 8DP
Ranu Enterprises Limited
Statement of Financial Position
For the year ended 31 December 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 46,967 49,314
46,967 49,314
Current assets
Inventories 13,752 14,752
Debtors 6 21,944 23,500
Cash and cash equivalents 7,122 15,148
42,818 53,400
Current liabilities
Creditors: Amounts falling due within one year 7 (17,467) (19,244)
(17,467) (19,244)
Net current assets/(liabilities) 25,351 34,156
Total assets less current liabilities 72,317 83,470
Non-current liabilities
Provision for liabilities (2,109) (2,486)
Net assets/(liabilities) 70,209 80,984
Capital and reserves
Called up share capital 2 2
Retained earnings 70,207 80,982
Shareholder's funds 70,209 80,984
For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 December 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 directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 24 July 2024
.............................
Ranjit Ranu (Director)
Company registration number: 02755876
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-12-31 31 December 2023
2023 2022
£ £
Fixed Assets 46,967 49,314
Current Assets 42,526 52,744
Prepayments and accrued income 291 656
Creditors: amounts falling due within one year (17,467) (19,244)
Net current assets (liabilities) 25,351 34,156
Total assets less current liabilities 72,317 83,470
Provisions for liabilities (2,109) (2,486)
Net Assets (liabilities) 70,209 80,984
Capital and Reserves 70,209 80,984
For the year ending 31/12/2023 the company was entitled to exemption 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. For the year ending 31-12-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 24 July 2024 2024-07-24 and signed on behalf of the board,
.............................
Ranjit Ranu
Director
Company registration number: 02755876
Ranu Enterprises Limited
Notes to the Financial Statements
For the year ended 31 December 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 50 Elizabeth Street, Leicester, LE5 4FL.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings2% straight line
Plant and Machinery15% reducing balance
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings15% reducing balance
Equipment25% reducing balance
Motor Cars
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

(4) Employees
During the year, the average number of employees including director was 6 (2022 : 5).

(5) Tangible fixed assets
Land and BuildingsPlant and MachineryFixtures and FittingsEquipmentTotals
£££££
Cost
As at 01 January 202341,86463,62634,9631,579142,032
As at 31 December 202341,86463,62634,9631,579142,032
Depreciation
As at 01 January 20232,49558,01530,8131,39592,718
For the year837842622462,347
As at 31 December 20233,33258,85731,4351,44195,065
Net book value
As at 31 December 202338,5324,7693,52813846,967
As at 31 December 202239,3695,6114,15018449,314

(6) Debtors
Amounts falling due within one year
2023 2022
£ £
Trade debtors 19,902 20,911
Other debtors 1,750 1,933
Prepayments and accrued income 291 656
21,944 23,500

(7) Creditors: Amounts falling due within one year
2023 2022
£ £
Trade creditors 9,532 7,265
Bank loans and overdrafts 368 -
Other taxes and social security 112 202
Other creditors 6,455 9,627
Accruals and deferred income 1,000 2,150
17,467 19,244

(8) Related party transactions
The directors have loaned money to the company. The balance outstanding as at 31 December 2023 was £5,814 (2022 - £9,611). No interest is charged on this loan and it is repayable on demand.