Registered number |
Registered number: | |||||||
Directors' Report | |||||||
The directors present their report and accounts for the year ended | |||||||
Principal activities | |||||||
Directors | |||||||
The following persons served as directors during the year: | |||||||
Small company provisions | |||||||
This report was approved by the board on | |||||||
Mr G Saini,Mr R D Chandegra | |||||||
Director | |||||||
RADHE INVESTMENTS LIMITED | ||||
Accountants' Report | ||||
Accountants' report to the directors of | ||||
RADHE INVESTMENTS LIMITED | ||||
You consider that the company is exempt from an audit for the year ended 30 June 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. | ||||
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. | ||||
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. | ||||
MBSC Accountancy and Consultancy LTD | ||||
Chartered Certified Accountant | ||||
14 Chertsey road | ||||
Shepperton | ||||
Surrey | ||||
TW 17 9LB | ||||
13 September 2023 | ||||
Profit and Loss Account | ||||||||
for the year ended | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Turnover | ||||||||
Cost of sales | ( | ( | ||||||
Gross Profit | ||||||||
Administrative expenses | ( | ( | ||||||
Operating profit | ( | |||||||
Interest payable | ( | ( | ||||||
Profit before taxation | ( | |||||||
Tax on profit | - | - | ||||||
Profit for the financial year | ( | |||||||
Registered number: | |||||||
Balance Sheet | |||||||
as at | |||||||
Notes | 2024 | 2023 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 4 | ||||||
Current assets | |||||||
Stocks | |||||||
Debtors | 5 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 6 | ( | ( | ||||
Net current assets | |||||||
Net assets | |||||||
Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | |||||||
Shareholders' funds | |||||||
Mr G Saini | |||||||
Director | |||||||
Approved by the board on | |||||||
Statement of Changes in Equity | ||||||||||
for the year ended | ||||||||||
Share | Share | Re- | Profit | Total | ||||||
capital | premium | valuation | and loss | |||||||
reserve | account | |||||||||
£ | £ | £ | £ | £ | ||||||
At 1 July 2022 | - | - | ||||||||
Profit for the financial year | 207 | 207 | ||||||||
Dividends | ( | ( | ||||||||
At 30 June 2023 | 2 | - | - | 243,126 | 243,128 | |||||
At 1 July 2023 | - | - | ||||||||
Profit for the financial year | ( | ( | ||||||||
Dividends | ( | ( | ||||||||
At 30 June 2024 | - | - | ||||||||
Notes to the Accounts | ||||||||
for the year ended | ||||||||
1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Turnover | ||||||||
Intangible fixed assets | ||||||||
Tangible fixed assets | ||||||||
Plant and machinery | 25% reducing balance | |||||||
Fixtures, fittings, tools and equipment | 25% reducing balance | |||||||
Investments | ||||||||
Stocks | ||||||||
Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
Provisions | ||||||||
Foreign currency translation | ||||||||
Leased assets | ||||||||
Pensions | ||||||||
2 | Employees | 2024 | 2023 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
3 | Intangible fixed assets | £ | ||||||
Goodwill: | ||||||||
Cost | ||||||||
At 1 July 2023 | ||||||||
At 30 June 2024 | ||||||||
Amortisation | ||||||||
At 1 July 2023 | ||||||||
At 30 June 2024 | ||||||||
Net book value | ||||||||
At 30 June 2024 | - | |||||||
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. | ||||||||
4 | Tangible fixed assets | |||||||
Plant and machinery etc | Motor vehicles | Total | ||||||
£ | £ | £ | ||||||
Cost | ||||||||
At 1 July 2023 | ||||||||
Additions | - | |||||||
At 30 June 2024 | ||||||||
Depreciation | ||||||||
At 1 July 2023 | ||||||||
Charge for the year | - | |||||||
At 30 June 2024 | ||||||||
Net book value | ||||||||
At 30 June 2024 | - | |||||||
At 30 June 2023 | - | |||||||
5 | Debtors | 2024 | 2023 | |||||
£ | £ | |||||||
Amounts owed by group undertakings and undertakings in which the company has a participating interest | ||||||||
Prepayments | 9,437 | 4,173 | ||||||
Other debtors | ||||||||
6 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
£ | £ | |||||||
Bank loans and overdrafts | ||||||||
Trade creditors | ||||||||
Taxation and social security costs | ||||||||
Accruals | 1,211 | - | ||||||
Director's Loan Account | 48 | 93 | ||||||
7 | Other information | |||||||
RADHE INVESTMENTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
7 Tanglyn Avenue | ||||||||
Shepperton | ||||||||
England, | ||||||||
TW17 0AD | ||||||||
Detailed profit and loss account | ||||
for the year ended | ||||
This schedule does not form part of the statutory accounts | ||||
2024 | 2023 | |||
£ | £ | |||
Sales | ||||
Cost of sales | ( | ( | ||
Gross profit | ||||
Administrative expenses | ( | ( | ||
Operating profit | ( | |||
Interest payable | ( | ( | ||
Profit before tax | ( | |||
Detailed profit and loss account | ||||
for the year ended | ||||
This schedule does not form part of the statutory accounts | ||||
2024 | 2023 | |||
£ | £ | |||
Sales | ||||
Sales | 346,312 | 623,771 | ||
Cost of sales | ||||
Purchases | 246,224 | 456,501 | ||
Decrease/increase in stocks | 31,595 | 29,625 | ||
Closing stock | ( 31,595 ) | ( 31,595 ) | ||
246,224 | 454,531 | |||
Administrative expenses | ||||
Employee costs: | ||||
Wages and salaries | 65,289 | 93,805 | ||
Pensions | 459 | - | ||
Employer's NI | 537 | 3,218 | ||
Travel and subsistence | 6 | 13 | ||
Motor expenses | 3,857 | 3,809 | ||
Entertaining | 54 | - | ||
70,202 | 100,845 | |||
Premises costs: | ||||
Rent | 26,436 | 26,279 | ||
Rates | 3,583 | 6,387 | ||
Premises Insurance | 1,163 | 1,251 | ||
Light and heat | 12,015 | 12,923 | ||
Cleaning | - | 160 | ||
43,197 | 47,000 | |||
General administrative expenses: | ||||
Telephone and internet | 1,342 | 1,573 | ||
Stationery and printing | 10 | 22 | ||
Bank charges | 3,006 | 6,237 | ||
Insurance | 392 | 270 | ||
Computer running costs | 406 | 378 | ||
Repairs and maintenance | 7,794 | 994 | ||
Depreciation | 3,104 | 3,856 | ||
Sundry expenses | 2,719 | 872 | ||
18,773 | 14,202 | |||
Legal and professional costs: | ||||
Accountancy fees | 4,600 | 5,125 | ||
Advertising and PR | - | 140 | ||
Other legal and professional | 1,845 | 1,019 | ||
6,445 | 6,284 | |||
138,617 | 168,331 | |||