Company Registration No. 11741554 (England and Wales)
Rawal Veritas Ltd
Unaudited accounts
for the year ended 31 December 2023
Rawal Veritas Ltd
Unaudited accounts
Contents
Rawal Veritas Ltd
Company Information
for the year ended 31 December 2023
Company Number
11741554 (England and Wales)
Registered Office
2-4 Eastern Road
St Georges House
Romford
RM1 3PJ
United Kingdom
Accountants
ABR Chartered Accountants
37th Floor
Canada Square
London
E14 5AA
Rawal Veritas Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
1,851
2,479
Cash at bank and in hand
131,792
131,352
Creditors: amounts falling due within one year
(203,834)
(130,883)
Net current assets
13,958
469
Total assets less current liabilities
15,809
2,948
Creditors: amounts falling due after more than one year
(7,134)
(112,133)
Net assets/(liabilities)
8,675
(109,185)
Called up share capital
1
1
Profit and loss account
8,674
(109,186)
Shareholders' funds
8,675
(109,185)
For the year 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 March 2024 and were signed on its behalf by
Usama Butt
Director
Company Registration No. 11741554
Rawal Veritas Ltd
Notes to the Accounts
for the year ended 31 December 2023
Rawal Veritas Ltd is a private company, limited by shares, registered in England and Wales, registration number 11741554. The registered office is 2-4 Eastern Road, St Georges House, Romford, RM1 3PJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
86,000
-
Rawal Veritas Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,000
5,000
Taxes and social security
1,171
243
Loans from directors
165,491
114,763
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 47 (2022: 21).