Company Registration No. 12671486 (England and Wales)
Rane Aesthetics Ltd
Unaudited accounts
for the year ended 30 June 2024
Rane Aesthetics Ltd
Unaudited accounts
Contents
Rane Aesthetics Ltd
Company Information
for the year ended 30 June 2024
Directors
Dr R Mohammed
Mrs E Mohammed
Company Number
12671486 (England and Wales)
Registered Office
THE PINNACLE DURHAM ROAD
SACRISTON
DURHAM
DH7 6FE
ENGLAND
Accountants
LP Accountants Ltd
Unit E
Colima Avenue
Sunderland
Tyne & Wear
SR5 3XB
Rane Aesthetics Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
45,793
62,705
Cash at bank and in hand
159,789
146,963
Creditors: amounts falling due within one year
(106,109)
(104,963)
Net current assets
58,680
49,978
Total assets less current liabilities
104,473
112,683
Creditors: amounts falling due after more than one year
(15,390)
(23,090)
Called up share capital
100
100
Profit and loss account
88,983
89,493
Shareholders' funds
89,083
89,593
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 4 November 2024 and were signed on its behalf by
Mrs E Mohammed
Director
Company Registration No. 12671486
Rane Aesthetics Ltd
Notes to the Accounts
for the year ended 30 June 2024
Rane Aesthetics Ltd is a private company, limited by shares, registered in England and Wales, registration number 12671486. The registered office is THE PINNACLE DURHAM ROAD, SACRISTON, DURHAM, DH7 6FE, ENGLAND.
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:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
52,710
40,363
9,024
102,097
At 30 June 2024
52,710
40,363
13,458
106,531
At 1 July 2023
18,884
16,145
4,363
39,392
Charge for the year
10,542
8,072
2,732
21,346
At 30 June 2024
29,426
24,217
7,095
60,738
At 30 June 2024
23,284
16,146
6,363
45,793
At 30 June 2023
33,826
24,218
4,661
62,705
Rane Aesthetics Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Accrued income and prepayments
-
1,677
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,700
7,700
Taxes and social security
19,303
18,272
Other creditors
17,601
16,943
Loans from directors
49,298
51,562
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
15,390
23,090
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).