2023-02-01 2024-01-31 false Capium Accounts Production 1.1 12433344 bus:FullAccounts 2023-02-01 2024-01-31 12433344 bus:FRS102 2023-02-01 2024-01-31 12433344 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 12433344 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12433344 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12433344 2023-02-01 2024-01-31 12433344 2024-01-31 12433344 bus:RegisteredOffice 2023-02-01 2024-01-31 12433344 core:WithinOneYear 2024-01-31 12433344 core:AfterOneYear 2024-01-31 12433344 bus:Director1 2023-02-01 2024-01-31 12433344 bus:Director1 2024-01-31 12433344 bus:Director1 2022-02-01 2023-01-31 12433344 bus:Director2 2023-02-01 2024-01-31 12433344 bus:Director2 2024-01-31 12433344 bus:Director2 2022-02-01 2023-01-31 12433344 2022-02-01 12433344 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 12433344 2022-02-01 2023-01-31 12433344 2023-01-31 12433344 core:WithinOneYear 2023-01-31 12433344 core:AfterOneYear 2023-01-31 12433344 bus:EntityAccountantsOrAuditors 2022-02-01 2023-01-31 12433344 core:PlantMachinery 2023-02-01 2024-01-31 12433344 core:PlantMachinery 2024-01-31 12433344 core:PlantMachinery 2023-01-31 12433344 core:FurnitureFittings 2023-02-01 2024-01-31 12433344 core:FurnitureFittings 2024-01-31 12433344 core:FurnitureFittings 2023-01-31 12433344 core:ComputerEquipment 2023-02-01 2024-01-31 12433344 core:ComputerEquipment 2024-01-31 12433344 core:ComputerEquipment 2023-01-31 12433344 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-01-31 12433344 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-01-31 12433344 core:OtherResidualIntangibleAssets 2023-02-01 2024-01-31 12433344 core:OtherResidualIntangibleAssets 2024-01-31 12433344 core:OtherResidualIntangibleAssets 2023-01-31 12433344 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 12433344 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 12433344 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 12433344 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 12433344 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 12433344 core:Non-currentFinancialInstruments 2024-01-31 12433344 core:Non-currentFinancialInstruments 2023-01-31 12433344 core:ShareCapital 2024-01-31 12433344 core:ShareCapital 2023-01-31 12433344 core:RetainedEarningsAccumulatedLosses 2024-01-31 12433344 core:RetainedEarningsAccumulatedLosses 2023-01-31 12433344 dpl:Item1 2023-02-01 12433344 dpl:Item1 2024-01-31 12433344 dpl:Item1 2022-02-01 12433344 dpl:Item1 2023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12433344
England and Wales

 

 

 

RASHAN PANI UK LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 February 2023

End date: 31 January 2024
Directors Nishant Sharma
Kaveendra Sharma Nath
Registered Number 12433344
Registered Office 73 Germander Place
Conniburrow
Milton Keynes
MK14 7DW
Accountants Milton Keynes Accountants Limited
Unit: 4-37, Acorn House
351-397 Midsummer Boulevard
Milton Keynes
MK9 3HP
1
 

 
Notes

 
2024
£

  2023
£
(as restated)
Fixed assets      
Intangible fixed assets 3 10    127 
Tangible fixed assets 4 32,899    44,175 
32,909    44,302 
Current assets      
Stocks 5 159,291    86,847 
Debtors 6 15,414    29,528 
Cash at bank and in hand 45,254    7,652 
219,959    124,027 
Creditors: amount falling due within one year 7 (109,035)   (141,751)
Net current assets 110,924    (17,724)
 
Total assets less current liabilities 143,833    26,578 
Creditors: amount falling due after more than one year 8 (108,109)   (8,152)
Net assets 35,724    18,426 
 

Capital and reserves
     
Called up share capital 10   
Profit and loss account 35,714    18,426 
Shareholders' funds 35,724    18,426 
 


For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 07 October 2024 and were signed on its behalf by:


-------------------------------
Nishant Sharma
Director
2
General Information
Rashan Pani UK Limited is a private company, limited by shares, registered in England and Wales, registration number 12433344, registration address 73 Germander Place, Conniburrow, Milton Keynes, MK14 7DW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Software License
Software License is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the Software License of 4 years.
Tangible fixed assets
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:
Plant and Machinery 25 Straight Line
Fixtures and Fittings 10 Straight Line
Computer Equipment 25 Straight Line
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Stocks
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.
2.

Average number of employees

Average number of employees during the year was 6 (2023 : 2).
3.

Intangible fixed assets

Cost Other   Total
  £   £
At 01 February 2023 468    468 
Additions  
Disposals  
At 31 January 2024 468    468 
Amortisation
At 01 February 2023 341    341 
Charge for year 117    117 
On disposals  
At 31 January 2024 458    458 
Net book values
At 31 January 2024 10    10 
At 31 January 2023 127    127 


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 February 2023 41,140    25,765    1,698    68,603 
Additions     644    644 
Disposals      
At 31 January 2024 41,140    25,765    2,342    69,247 
Depreciation
At 01 February 2023 6,320    17,821    287    24,428 
Charge for year 5,482    5,996    442    11,920 
On disposals      
At 31 January 2024 11,802    23,817    729    36,348 
Net book values
Closing balance as at 31 January 2024 29,338    1,948    1,613    32,899 
Opening balance as at 01 February 2023 19,445    23,319    1,411    44,175 


5.

Stocks

2024
£
  2023
£
Stocks 159,291    86,847 
159,291    86,847 

6.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 149    19,695 
Prepayments & Accrued Income 7,221    206 
Other Debtors   1,253 
VAT 8,044    8,374 
15,414    29,528 

7.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 26,012    33,880 
Corporation Tax 5,737   
PAYE & Social Security 732   
Accrued Expenses 5,983    636 
Wages & Salaries Control Account 3,294    (187)
Directors' Current Accounts 67,277    107,422 
109,035    141,751 

8.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts (secured) 108,109    8,152 
108,109    8,152 

3