2023-08-01 09757591 2024-07-31 09757591 2023-08-01 2024-07-31 09757591 2023-07-31 09757591 2022-08-01 2023-07-31 09757591 uk-core:WithinOneYear 2023-07-31 09757591 uk-core:WithinOneYear 2024-07-31 09757591 uk-core:AfterOneYear 2023-07-31 09757591 uk-core:AfterOneYear 2024-07-31 09757591 uk-core:ShareCapital 2024-07-31 09757591 uk-core:ShareCapital 2023-07-31 09757591 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 09757591 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 09757591 uk-bus:Director1 2023-08-01 2024-07-31 09757591 uk-core:Buildings 2023-08-01 2024-07-31 09757591 uk-core:PlantMachinery 2023-08-01 2024-07-31 09757591 uk-core:ToolsEquipment 2023-08-01 2024-07-31 09757591 uk-core:FurnitureFittings 2023-08-01 2024-07-31 09757591 uk-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-07-31 09757591 uk-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-07-31 09757591 uk-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-08-01 2024-07-31 09757591 uk-core:ToolsEquipment 2023-07-31 09757591 uk-core:FurnitureFittings 2023-07-31 09757591 uk-core:PlantMachinery 2023-07-31 09757591 uk-core:Buildings 2023-07-31 09757591 uk-core:PlantMachinery 2024-07-31 09757591 uk-core:FurnitureFittings 2024-07-31 09757591 uk-core:ToolsEquipment 2024-07-31 09757591 uk-core:Buildings 2024-07-31 09757591 uk-core:WithinOneYear uk-core:Secured 2024-07-31 09757591 uk-core:WithinOneYear uk-core:Secured 2023-07-31 09757591 uk-core:WithinOneYear 2024-07-31 09757591 uk-core:WithinOneYear 2023-07-31 09757591 uk-core:AfterOneYear uk-core:Secured 2024-07-31 09757591 uk-core:AfterOneYear uk-core:Secured 2023-07-31 iso4217:GBP xbrli:pure 09757591 uk-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 09757591 uk-bus:FRS102 2023-08-01 2024-07-31 09757591 uk-bus:FilletedAccounts 2023-08-01 2024-07-31 09757591 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31
Ralakde Ltd
Registered Number:09757591
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
09757591
As at 31 July 2024
Ralakde Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
16,629
19,071
2
Property, plant and equipment
400,701
402,712
3
417,330
421,783
Current assets
Inventories
190,000
180,000
4
Trade and other receivables
60,769
63,128
5
38,691
Cash and cash equivalents
343
243,471
289,460
Trade and other payables: amounts falling due within one year
(243,736)
(202,567)
6
45,724
40,904
Net current assets
Total assets less current liabilities
458,234
467,507
Trade and other payables: amounts falling due after more than
one year
(281,298)
(259,285)
7
(11,526)
(11,377)
Provisions for liabilities
187,423
Net assets
174,832
Capital and reserves
Called up share capital
1
1
Retained earnings
187,422
174,831
187,423
174,832
Shareholders' funds
For the year ended 31 July 2024 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 year ended 31 July 2024 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.
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Registered Number :
09757591
For the year ended 31 July 2024
Ralakde Ltd
Statement of Financial Position Continued
Mr Deepak Gupta Director
These financial statements were approved and authorised for issue by the Board on 18 October 2024 and were signed by:
The notes form part of these financial statements
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For the year ended 31 July 2024
Ralakde Ltd
Notes to the Financial Statements
Statutory Information
Ralakde Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 09757591.
Registered address:
Unit 56 Winpenny Road
Parkhouse Ind. Estate
Newcastle under Lyme
Staffordshire
ST5 7RH
The presentation currency is £ sterling.
1. Accounting policies
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.
Intangible assets
Other Intangible Assets The company has acquired trademarks and applications that will be written off over 10 years. The company has invested in software development for internal use that has been capitalised and written off over is useful economic life.
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:
Land and buildings
0% Straight line
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 July 2024
Ralakde Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Other Intangible
Assets
Cost or valuation
£
At 01 August 2023
24,416
At 31 July 2024
24,416
Amortisation
At 01 August 2023
5,345
2,442
Charge for year
At 31 July 2024
7,787
Net book value
At 31 July 2024
16,629
At 31 July 2023
19,071
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or valuation
At 01 August 2023
441,211
16,592
57,414
10,000
357,205
12,500
-
12,500
-
-
Additions
At 31 July 2024
10,000
69,914
16,592
453,711
357,205
Provision for depreciation and impairment
At 01 August 2023
38,499
12,910
23,089
2,500
-
Charge for year
14,511
927
11,708
1,876
-
At 31 July 2024
53,010
13,837
34,797
4,376
-
At 31 July 2024
Net book value
357,205
5,624
35,117
2,755
400,701
At 31 July 2023
357,205
7,500
34,325
3,682
402,712
4. Inventories
2023
2024
£
£
Stocks
180,000
190,000
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For the year ended 31 July 2024
Ralakde Ltd
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Trade debtors
55,273
46,393
Other debtors
7,855
14,376
60,769
63,128
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
11,513
11,513
Bank loans and overdraft
55,806
16,750
Trade creditors
-
96,000
Taxation and social security
21,852
39,507
Other creditors
113,396
79,966
202,567
243,736
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
55,896
66,396
Bank loans and overdraft (secured)
203,389
214,902
259,285
281,298
8. Related party transactions
Included within other creditors is the directors loan account balance of £49,567 (2023 - £32,056). This loan is interest free
and has no fixed date of repayment.
9. Average number of persons employed
During the year the average number of employees was 7 (2023 : 4)
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