Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-3012023-10-01falseNo description of principal activity1falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11104228 2023-10-01 2024-09-30 11104228 2022-10-01 2023-09-30 11104228 2024-09-30 11104228 2023-09-30 11104228 c:Director1 2023-10-01 2024-09-30 11104228 d:CurrentFinancialInstruments 2024-09-30 11104228 d:CurrentFinancialInstruments 2023-09-30 11104228 c:Micro-entities 2023-10-01 2024-09-30 11104228 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11104228 c:FullAccounts 2023-10-01 2024-09-30 11104228 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11104228 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 11104228










REMASHAN LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
REMASHAN LIMITED
REGISTERED NUMBER: 11104228

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
£
£


Fixed assets
755,000
755,000

Current assets
12,056
22,899

Creditors: amounts falling due within one year
(35,371)
(8,128)

Net current (liabilities)/assets
 
 
(23,315)
 
 
14,771

Total assets less current liabilities
731,685
769,771

Provisions for liabilities

Deferred taxation
-
(24,700)

 
 
-
 
 
(24,700)

Net assets
731,685
745,071



Capital and reserves
731,685
745,071


Notes


General information

Remashan Limited is a private company, limited by share capital, incorporated in England and Wales under registration number 11104228. The address of the company's registered office is Newport Pharmacy, The Brown House, High Street, Newport, Saffron Walden, CB11 3QY.


Average number of employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 1

 
REMASHAN LIMITED
REGISTERED NUMBER: 11104228
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 March 2025.




Mr S N Ghasemi
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
REMASHAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
REMASHAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.Accounting policies (continued)

 
1.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
1.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
REMASHAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.


Fixed asset investments





Investment property

£



Cost or valuation


At 1 October 2023
755,000



At 30 September 2024
755,000




in the opinion of the director, the aggregate open market value of the property is £755,000 the value shown in the accounts.


3.


Debtors

2024
2023
£
£


Other debtors
-
1,413

Director's loan account
-
16,059

Corporation tax repayable
6,302
-

6,302
17,472



4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
5,753
5,427

5,753
5,427


Page 5

 
REMASHAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
289

Corporation tax
-
6,302

Director's loan account
35,371
-

Accruals and deferred income
-
1,537

35,371
8,128



6.


Controlling party

The company was under the control of the sole director Mr S N Ghasemi, by virtue of the fact that he owns 100% of the issued share capital.

 
Page 6