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Company Registration No. 12473982 (England and Wales)
Rana Production Ltd Unaudited accounts for the year ended 29 February 2024
Rana Production Ltd Unaudited accounts Contents
Page
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Rana Production Ltd Company Information for the year ended 29 February 2024
Director
Ijaz Nasir Rana
Company Number
12473982 (England and Wales)
Registered Office
87 STOVELL AVENUE MANCHESTER M12 5SE ENGLAND
Accountants
VTax Accountants Ltd 61 Barlow road Manchester M19 3DB
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Rana Production Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,161 
1,451 
Current assets
Debtors
29,487 
37,487 
Cash at bank and in hand
1,479 
4,366 
30,966 
41,853 
Creditors: amounts falling due within one year
(2,629)
(2,229)
Net current assets
28,337 
39,624 
Total assets less current liabilities
29,498 
41,075 
Creditors: amounts falling due after more than one year
(22,632)
(33,391)
Net assets
6,866 
7,684 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,766 
7,584 
Shareholders' funds
6,866 
7,684 
For the year ending 29 February 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 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 18 November 2024 and were signed on its behalf by
Ijaz Nasir Rana Director Company Registration No. 12473982
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Rana Production Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Rana Production Ltd is a private company, limited by shares, registered in England and Wales, registration number 12473982. The registered office is 87 STOVELL AVENUE, MANCHESTER, M12 5SE, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
2,554 
At 29 February 2024
2,554 
Depreciation
At 1 March 2023
1,103 
Charge for the year
290 
At 29 February 2024
1,393 
Net book value
At 29 February 2024
1,161 
At 28 February 2023
1,451 
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Rana Production Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
555 
Other debtors
29,487 
36,932 
29,487 
37,487 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
400 
- 
Taxes and social security
2,229 
2,229 
2,629 
2,229 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
22,632 
33,391 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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