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REGISTERED NUMBER: 12320426 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Rish & San Limited

Rish & San Limited (Registered number: 12320426)






Contents of the Financial Statements
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rish & San Limited

Company Information
for the year ended 31 January 2024







DIRECTOR: Raman Chopra





REGISTERED OFFICE: 18 Church Street
Seaham
United Kingdom
County Durham
SR7 7HQ





REGISTERED NUMBER: 12320426 (England and Wales)





ACCOUNTANTS: TTR Barnes Limited
Chartered Accountants
3-5 Grange Terrace
Stockton Road
Sunderland
Tyne & Wear
SR2 7DG

Rish & San Limited (Registered number: 12320426)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,597 23,229

CURRENT ASSETS
Stocks 2,200 2,750
Debtors 5 1,560 2,824
Cash at bank 67,900 68,972
71,660 74,546
CREDITORS
Amounts falling due within one year 6 46,064 50,594
NET CURRENT ASSETS 25,596 23,952
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,193

47,181

PROVISIONS FOR LIABILITIES 3,533 4,414
NET ASSETS 40,660 42,767

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 40,560 42,667
SHAREHOLDERS' FUNDS 40,660 42,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Rish & San Limited (Registered number: 12320426)

Balance Sheet - continued
31 January 2024


The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2024 and were signed by:





Raman Chopra - Director


Rish & San Limited (Registered number: 12320426)

Notes to the Financial Statements
for the year ended 31 January 2024

1. STATUTORY INFORMATION

Rish & San Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, which the director considers to be appropriate.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% Straight line
Computer equipment - 33% Straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Rish & San Limited (Registered number: 12320426)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2023
and 31 January 2024 28,510 400 489 29,399
DEPRECIATION
At 1 February 2023 5,553 128 489 6,170
Charge for year 4,592 40 - 4,632
At 31 January 2024 10,145 168 489 10,802
NET BOOK VALUE
At 31 January 2024 18,365 232 - 18,597
At 31 January 2023 22,957 272 - 23,229

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 255 367
Other debtors 469 1,654
Prepayments 836 803
1,560 2,824

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 13,256 17,640
Amounts owed to group undertakings 1,218 1,218
Tax 7,891 3,679
Other creditors - 1,725
Directors' current accounts 21,636 25,843
Accrued expenses 2,063 489
46,064 50,594

7. CONTROL

The controlling party is Raman Chopra.