RISHIGA LIMITED

Company Registration Number:
SC373121 (Scotland)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

RISHIGA LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

RISHIGA LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 55,386 56,732
Total fixed assets: 55,386 56,732
Current assets
Stocks: 16,100 10,200
Debtors: 4 101,655 19,430
Cash at bank and in hand: 42,729 115,735
Total current assets: 160,484 145,365
Creditors: amounts falling due within one year: 5 (36,189) (20,752)
Net current assets (liabilities): 124,295 124,613
Total assets less current liabilities: 179,681 181,345
Creditors: amounts falling due after more than one year: 6 (114,874) (133,263)
Total net assets (liabilities): 64,807 48,082
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 64,797 48,072
Shareholders funds: 64,807 48,082

The notes form part of these financial statements

RISHIGA LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 November 2024
and signed on behalf of the board by:

Name: Mr S Vettivelu
Status: Director

The notes form part of these financial statements

RISHIGA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable , net of discounts and the value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation on the following basis : Freehold No Amortization provided Leasehold No Amortization provided Fixtures & Fittings 20% W D Value

RISHIGA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 15 17

RISHIGA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 66,435
At 28 February 2024 66,435
Depreciation
At 01 March 2023 9,703
Charge for year 1,346
At 28 February 2024 11,049
Net book value
At 28 February 2024 55,386
At 28 February 2023 56,732

RISHIGA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

RISHIGA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Creditors: amounts falling due within one year note

£ Corporation Tax 15,413 Other Taxes 2,472 VAT 15,304 Other Creditors 3,000

RISHIGA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

6. Creditors: amounts falling due after more than one year note

£ Bank Loans 114,874