Registered Number:07249783 |
For the period ended 29 November 2023
England and Wales
Unaudited Financial Statements
RA Partners Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
2,054
1,449
2
2,054
1,449
Trade and other receivables |
78,193
160,932
3
198,287
Cash and cash equivalents |
49,180
210,112
276,480
Trade and other payables: amounts falling due within one |
year |
(48,537)
(32,802)
4
227,943
177,310
Net current assets
Total assets less current liabilities |
179,364
229,392
Trade and other payables: amounts falling due after more |
than one year |
(45,089)
-
5
179,364
Net assets
184,303
100
100
179,264
184,203
179,364
184,303
Shareholders' funds
For the period ended 29 November 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 of its financial statements for the period ended 29 November 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 14 August 2024 and were signed by: |
The notes form part of these financial statements |
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For the period ended 29 November 2023
RA Partners Ltd
Notes to the Financial Statements
Statutory Information
RA Partners Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
07249783. |
Ground Floor 66
High Street
Lewes
BN7 1XG
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
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For the period ended 29 November 2023
RA Partners Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
34,404
34,082
322
1,633
1,633
-
322
35,715
36,037
Provision for depreciation and impairment |
32,955
32,633
322
Charge for period
1,028
1,028
-
33,983
33,661
322
-
2,054
2,054
-
1,449
1,449
3. Trade and other receivables |
2022
2023
9,808
-
151,124
78,193
78,193
160,932
The debtors above include the following amounts falling due after more than one year: |
12,795
12,795
4. Trade and other payables: amounts falling due within one year |
2022
2023
(1)
(1)
Taxation and social security |
16,291
47,796
16,512
742
32,802
48,537
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For the period ended 29 November 2023
RA Partners Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
-
45,089
6. Related party transactions |
The company is controlled by the directors who own 100% of the called up share capital.
7. Directors advances and guarantees |
Loaned
Repaid
Interest
A D Evans
Interest Bearing Loan
39,368
136,185
105,901
11,278
2,194
39,368
136,185
105,901
11,278
2,194
8. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 1)
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