Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 December 2023 31 December 2023 13112530 Prabhjot Paul Manjinder Matharu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13112530 2023-01-31 13112530 2023-12-31 13112530 2023-02-01 2023-12-31 13112530 frs-core:Non-currentFinancialInstruments 2023-12-31 13112530 frs-core:MotorVehicles 2023-02-01 2023-12-31 13112530 frs-core:SharePremium 2023-12-31 13112530 frs-core:ShareCapital 2023-12-31 13112530 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13112530 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2023-12-31 13112530 frs-bus:AbridgedAccounts 2023-02-01 2023-12-31 13112530 frs-bus:SmallEntities 2023-02-01 2023-12-31 13112530 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2023-12-31 13112530 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2023-12-31 13112530 frs-bus:Director1 2023-02-01 2023-12-31 13112530 frs-bus:Director2 2023-02-01 2023-12-31 13112530 frs-countries:EnglandWales 2023-02-01 2023-12-31 13112530 2022-01-31 13112530 2023-01-31 13112530 2022-02-01 2023-01-31 13112530 frs-core:Non-currentFinancialInstruments 2023-01-31 13112530 frs-core:SharePremium 2023-01-31 13112530 frs-core:ShareCapital 2023-01-31 13112530 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13112530
Rodija Properties Ltd
Unaudited ABRIDGED Financial Statements
For the Period 1 February 2023 to 31 December 2023
JMS Accounting Services Ltd
485 Catalyst House
720 Centennial Court, Centennial Park
Elstree
Herfordshire
WD6 3SY
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Statement of Financial Position
Registered number: 13112530
31 December 2023 31 January 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,723,956 2,723,956
2,723,956 2,723,956
CURRENT ASSETS
Debtors (12,050 ) (12,995 )
Cash at bank and in hand 19,587 30,980
7,537 17,985
Creditors: Amounts Falling Due Within One Year (59,766 ) (81,522 )
NET CURRENT ASSETS (LIABILITIES) (52,229 ) (63,537 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,671,727 2,660,419
Creditors: Amounts Falling Due After More Than One Year (2,341,920 ) (2,341,920 )
NET ASSETS 329,807 318,499
CAPITAL AND RESERVES
Called up share capital 6 1,100 1,100
Share premium account 348,421 348,421
Income Statement (19,714 ) (31,022 )
SHAREHOLDERS' FUNDS 329,807 318,499
Page 1
Page 2
For the period ending 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 responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
The financial statements were approved by the board of directors on 16 April 2024 and were signed on its behalf by:
Prabhjot Paul
Director
16/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Rodija Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13112530 . The registered office is 590 Green Lane, Ilford, IG3 9LW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% p.a. on book value
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2023: 2)
2 2
4. Tangible Assets
Total
£
Cost or Valuation
As at 1 February 2023 2,735,848
As at 31 December 2023 2,735,848
Depreciation
As at 1 February 2023 11,892
As at 31 December 2023 11,892
Net Book Value
As at 31 December 2023 2,723,956
As at 1 February 2023 2,723,956
Page 3
Page 4
5. Secured Creditors
Of the creditors the following amounts are secured.
31 December 2023 31 January 2023
£ £
Bank loans and overdrafts 1,476,479 1,476,479
6. Share Capital
31 December 2023 31 January 2023
£ £
Allotted, Called up and fully paid 1,100 1,100
Page 4