2023-08-012024-03-312024-03-31false14226549RAGEN SF LTD2024-08-06iso4217:GBPxbrli:pure142265492023-08-01142265492024-03-31142265492023-08-012024-03-31142265492022-07-11142265492023-07-31142265492022-07-112023-07-3114226549bus:SmallEntities2023-08-012024-03-3114226549bus:AuditExempt-NoAccountantsReport2023-08-012024-03-3114226549bus:FullAccounts2023-08-012024-03-3114226549bus:PrivateLimitedCompanyLtd2023-08-012024-03-3114226549core:WithinOneYear2024-03-3114226549core:AfterOneYear2024-03-3114226549core:WithinOneYear2023-07-3114226549core:AfterOneYear2023-07-3114226549core:ShareCapital2024-03-3114226549core:SharePremium2024-03-3114226549core:RevaluationReserve2024-03-3114226549core:OtherReservesSubtotal2024-03-3114226549core:RetainedEarningsAccumulatedLosses2024-03-3114226549core:ShareCapital2023-07-3114226549core:SharePremium2023-07-3114226549core:RevaluationReserve2023-07-3114226549core:OtherReservesSubtotal2023-07-3114226549core:RetainedEarningsAccumulatedLosses2023-07-3114226549core:LandBuildings2024-03-3114226549core:PlantMachinery2024-03-3114226549core:Vehicles2024-03-3114226549core:FurnitureFittings2024-03-3114226549core:OfficeEquipment2024-03-3114226549core:NetGoodwill2024-03-3114226549core:IntangibleAssetsOtherThanGoodwill2024-03-3114226549core:ListedExchangeTraded2024-03-3114226549core:UnlistedNon-exchangeTraded2024-03-3114226549core:LandBuildings2023-07-3114226549core:PlantMachinery2023-07-3114226549core:Vehicles2023-07-3114226549core:FurnitureFittings2023-07-3114226549core:OfficeEquipment2023-07-3114226549core:NetGoodwill2023-07-3114226549core:IntangibleAssetsOtherThanGoodwill2023-07-3114226549core:ListedExchangeTraded2023-07-3114226549core:UnlistedNon-exchangeTraded2023-07-3114226549core:LandBuildings2023-08-012024-03-3114226549core:PlantMachinery2023-08-012024-03-3114226549core:Vehicles2023-08-012024-03-3114226549core:FurnitureFittings2023-08-012024-03-3114226549core:OfficeEquipment2023-08-012024-03-3114226549core:NetGoodwill2023-08-012024-03-3114226549core:IntangibleAssetsOtherThanGoodwill2023-08-012024-03-3114226549core:ListedExchangeTraded2023-08-012024-03-3114226549core:UnlistedNon-exchangeTraded2023-08-012024-03-3114226549core:MoreThanFiveYears2023-08-012024-03-3114226549core:Non-currentFinancialInstruments2024-03-3114226549core:Non-currentFinancialInstruments2023-07-3114226549dpl:CostSales2023-08-012024-03-3114226549dpl:DistributionCosts2023-08-012024-03-3114226549core:LandBuildings2023-08-012024-03-3114226549core:PlantMachinery2023-08-012024-03-3114226549core:Vehicles2023-08-012024-03-3114226549core:FurnitureFittings2023-08-012024-03-3114226549core:OfficeEquipment2023-08-012024-03-3114226549dpl:AdministrativeExpenses2023-08-012024-03-3114226549core:NetGoodwill2023-08-012024-03-3114226549core:IntangibleAssetsOtherThanGoodwill2023-08-012024-03-3114226549dpl:GroupUndertakings2023-08-012024-03-3114226549dpl:ParticipatingInterests2023-08-012024-03-3114226549dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-03-3114226549core:ListedExchangeTraded2023-08-012024-03-3114226549dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-03-3114226549core:UnlistedNon-exchangeTraded2023-08-012024-03-3114226549dpl:CostSales2022-07-112023-07-3114226549dpl:DistributionCosts2022-07-112023-07-3114226549core:LandBuildings2022-07-112023-07-3114226549core:PlantMachinery2022-07-112023-07-3114226549core:Vehicles2022-07-112023-07-3114226549core:FurnitureFittings2022-07-112023-07-3114226549core:OfficeEquipment2022-07-112023-07-3114226549dpl:AdministrativeExpenses2022-07-112023-07-3114226549core:NetGoodwill2022-07-112023-07-3114226549core:IntangibleAssetsOtherThanGoodwill2022-07-112023-07-3114226549dpl:GroupUndertakings2022-07-112023-07-3114226549dpl:ParticipatingInterests2022-07-112023-07-3114226549dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-112023-07-3114226549core:ListedExchangeTraded2022-07-112023-07-3114226549dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-112023-07-3114226549core:UnlistedNon-exchangeTraded2022-07-112023-07-3114226549core:NetGoodwill2024-03-3114226549core:IntangibleAssetsOtherThanGoodwill2024-03-3114226549core:LandBuildings2024-03-3114226549core:PlantMachinery2024-03-3114226549core:Vehicles2024-03-3114226549core:FurnitureFittings2024-03-3114226549core:OfficeEquipment2024-03-3114226549core:AfterOneYear2024-03-3114226549core:WithinOneYear2024-03-3114226549core:ListedExchangeTraded2024-03-3114226549core:UnlistedNon-exchangeTraded2024-03-3114226549core:ShareCapital2024-03-3114226549core:SharePremium2024-03-3114226549core:RevaluationReserve2024-03-3114226549core:OtherReservesSubtotal2024-03-3114226549core:RetainedEarningsAccumulatedLosses2024-03-3114226549core:NetGoodwill2023-07-3114226549core:IntangibleAssetsOtherThanGoodwill2023-07-3114226549core:LandBuildings2023-07-3114226549core:PlantMachinery2023-07-3114226549core:Vehicles2023-07-3114226549core:FurnitureFittings2023-07-3114226549core:OfficeEquipment2023-07-3114226549core:AfterOneYear2023-07-3114226549core:WithinOneYear2023-07-3114226549core:ListedExchange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RAGEN SF LTD

Registered Number
14226549
(England and Wales)

Unaudited Financial Statements for the Period ended
31 March 2024

RAGEN SF LTD
Company Information
for the period from 1 August 2023 to 31 March 2024

Director

Mr R Scholtz-Furness

Registered Address

35 Canesworde Road
Dunstable
LU6 3JL

Registered Number

14226549 (England and Wales)
RAGEN SF LTD
Balance Sheet as at
31 March 2024

Notes

31 Mar 2024

31 Jul 2023

£

£

£

£

Fixed assets
Tangible assets36,0135,063
6,0135,063
Current assets
Cash at bank and on hand8,54713,133
8,54713,133
Creditors amounts falling due within one year4(12,369)(7,833)
Net current assets (liabilities)(3,822)5,300
Total assets less current liabilities2,19110,363
Net assets2,19110,363
Capital and reserves
Called up share capital11
Profit and loss account2,19010,362
Shareholders' funds2,19110,363
The financial statements were approved and authorised for issue by the Director on 6 August 2024, and are signed on its behalf by:
Mr R Scholtz-Furness
Director
Registered Company No. 14226549
RAGEN SF LTD
Notes to the Financial Statements
for the period ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit and loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue from sale of goods
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transactions it is measured at present value.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 August 236,7516,751
Additions3,8963,896
Disposals(1,737)(1,737)
At 31 March 248,9108,910
Depreciation and impairment
At 01 August 231,6881,688
Charge for year1,6431,643
On disposals(434)(434)
At 31 March 242,8972,897
Net book value
At 31 March 246,0136,013
At 31 July 235,0635,063
4.Creditors: amounts due within one year

2024

2023

££
Taxation and social security81,983
Other creditors11,3615,350
Accrued liabilities and deferred income1,000500
Total12,3697,833
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.
5.Related party transactions
At the balance sheet date, the company owed a director £11,361 (2023: £5,350).