Acorah Software Products - Accounts Production 16.2.850 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 OC429478 Mrs Gitanjali Narang Mr Sanjeev Kumar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC429478 2023-10-31 OC429478 2024-10-31 OC429478 2023-11-01 2024-10-31 OC429478 frs-core:InvestmentPropertyIncludedWithinPPE 2024-10-31 OC429478 frs-core:InvestmentPropertyIncludedWithinPPE 2023-11-01 2024-10-31 OC429478 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 OC429478 frs-bus:LimitedLiabilityPartnershipLLP 2023-11-01 2024-10-31 OC429478 frs-bus:LimitedLiabilityPartnershipsSORP 2023-11-01 2024-10-31 OC429478 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 OC429478 frs-bus:SmallEntities 2023-11-01 2024-10-31 OC429478 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 OC429478 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 OC429478 frs-countries:EnglandWales 2023-11-01 2024-10-31 OC429478 frs-bus:PartnerLLP1 2023-11-01 2024-10-31 OC429478 frs-bus:PartnerLLP2 2023-11-01 2024-10-31 OC429478 2022-10-31 OC429478 2023-10-31 OC429478 2022-11-01 2023-10-31
Registered number: OC429478
RAHAS Investments LLP
Unaudited Financial Statements
For The Year Ended 31 October 2024
HMA Accountancy Services
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: OC429478
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,848,000
- 1,848,000
CURRENT ASSETS
Cash at bank and in hand 4,212 8,753
4,212 8,753
Creditors: Amounts Falling Due Within One Year 5 (525 ) (500 )
NET CURRENT ASSETS (LIABILITIES) 3,687 8,253
TOTAL ASSETS LESS CURRENT LIABILITIES 3,687 1,856,253
NET ASSETS ATTRIBUTABLE TO MEMBERS 3,687 1,856,253
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (66,503) 1,797,329
Other amounts 70,190 58,924
3,687 1,856,253
3,687 1,856,253
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 3,687 1,856,253
3,687 1,856,253
Page 1
Page 2
For the year ending 31 October 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Mr Sanjeev Kumar
Designated Member
10/03/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RAHAS Investments LLP is a limited liability partnership, incorporated in England & Wales, registered number OC429478 . The Registered Office is 54 Bonnersfield Lane, Harrow, Middlesex, HA1 2LE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and 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, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties
£
Cost
As at 1 November 2023 1,848,000
Disposals (1,848,000 )
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 1,848,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 525 500
Page 3