2024-01-01 11118314 2024-12-31 11118314 2024-01-01 2024-12-31 11118314 2023-12-31 11118314 2023-01-01 2023-12-31 11118314 uk-core:WithinOneYear 2023-12-31 11118314 uk-core:WithinOneYear 2024-12-31 11118314 uk-core:AfterOneYear 2023-12-31 11118314 uk-core:AfterOneYear 2024-12-31 11118314 uk-core:ShareCapital 2024-12-31 11118314 uk-core:ShareCapital 2023-12-31 11118314 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 11118314 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 11118314 uk-bus:Director1 2024-01-01 2024-12-31 11118314 uk-core:Goodwill 2023-12-31 11118314 uk-core:Goodwill 2024-12-31 11118314 uk-core:Goodwill 2024-01-01 2024-12-31 11118314 uk-core:FurnitureFittings 2023-12-31 11118314 uk-core:Buildings 2023-12-31 11118314 uk-core:Buildings 2024-12-31 11118314 uk-core:FurnitureFittings 2024-12-31 11118314 uk-core:WithinOneYear uk-core:Secured 2024-12-31 11118314 uk-core:WithinOneYear uk-core:Secured 2023-12-31 iso4217:GBP xbrli:pure 11118314 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11118314 uk-bus:FRS102 2024-01-01 2024-12-31 11118314 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 11118314 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Draft
Rashid and Railah Trading Company Limited
Registered Number:11118314
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 December 2024
Rashid and Railah Trading Company Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
11118314
As at 31 December 2024
Rashid and Railah Trading Company Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
30,225
32,550
2
Property, plant and equipment
513,313
513,313
3
543,538
545,863
Current assets
Inventories
2,500
2,500
4
66,785
Cash and cash equivalents
42,917
45,417
69,285
Trade and other payables: amounts falling due within one
year
(112,746)
(182,461)
5
(43,461)
(137,044)
Net current liabilities
Total assets less current liabilities
406,494
502,402
Trade and other payables: amounts falling due after more
than one year
(326,546)
(205,458)
6
201,036
Net assets
175,856
Capital and reserves
Called up share capital
100
100
Retained earnings
200,936
175,756
201,036
175,856
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Rashid Ahmed Director
These financial statements were approved and authorised for issue by the Board on 07 March 2025 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 December 2024
Rashid and Railah Trading Company Limited
Notes to the Financial Statements
Statutory Information
Rashid and Railah Trading Company Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 11118314.
Registered address:
46 Gloucester Road
Bishopston
Bristol
BS7 8AR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 January 2024
46,500
At 31 December 2024
46,500
Amortisation
At 01 January 2024
13,950
2,325
Charge for year
At 31 December 2024
16,275
Net book value
At 31 December 2024
30,225
At 31 December 2023
32,550
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5
Draft
For the year ended 31 December 2024
Rashid and Railah Trading Company Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Furniture and
Fittings
Land and
Buildings
£
£
£
Cost or
valuation
At 01 January 2024
530,235
16,922
513,313
At 31 December 2024
513,313
16,922
530,235
Provision for depreciation and impairment
At 01 January 2024
16,922
16,922
-
At 31 December 2024
16,922
16,922
-
At 31 December 2024
Net book value
513,313
-
513,313
At 31 December 2023
513,313
-
513,313
4. Inventories
2023
2024
£
£
Stocks
2,500
2,500
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
25,000
25,000
Trade creditors
1
1,461
Taxation and social security
7,396
8,153
Other creditors
150,064
78,132
182,461
112,746
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
205,458
326,546
7. Average number of persons employed
During the year the average number of employees was 7 (2023 : 6)
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