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Registered Number: 14119072
England and Wales

 

 

 

RASHMI PROPERTIES LTD


Abridged Accounts
 


Period of accounts

Start date: 01 June 2023

End date: 31 May 2024
  2024   2023
    £ £   £ £
Fixed assets   248,636      248,702 
Current assets 8,608      5,944   
Prepayments and accrued income 121      92   
Creditors: amount falling due within one year (70,651)     (70,576)  
Net current assets   (61,922)     (64,540)
Total assets less current liabilities   186,714      184,162 
Creditors: amount falling due after more than one year   (186,775)     (186,763)
Net assets   (61)     (2,601)
 

         
Capital and reserves   (61)     (2,601)
 
NOTES TO THE ACCOUNTS

General Information
Rashmi Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14119072, registration address 653 London Road, Alvaston, Derby, DE24 8UQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).


For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 24 February 2025 and were signed on its behalf by:


--------------------------------
Supreeth Shanthaveerappa Rudrappa
Director
1