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REGISTERED NUMBER: 01199991 (England and Wales)


Unaudited Financial Statements for the Year Ended 30 September 2024

for

Rautogrove Limited

Rautogrove Limited (Registered number: 01199991)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Rautogrove Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mahesh Kanubhai Patel
Mukesh Kanubhai Patel
Parul Narendra Patel
Niral Narendra Patel
Viresh Mukesh Patel





REGISTERED OFFICE: C/o KMP Group
2nd Floor, Compton House
29-33 Church Road
Stanmore
Middlesex
HA7 4AR





REGISTERED NUMBER: 01199991 (England and Wales)





ACCOUNTANTS: Andrew Murray & Co
Business Advisors and Statutory Auditors
144-146 Kings Cross Road
King's Cross
WC1X 9DU

Rautogrove Limited (Registered number: 01199991)

Statement of Financial Position
30 September 2024

30.9.24 30.9.23
Notes £    £   
CURRENT ASSETS
Debtors 4 1,748,424 1,748,424
Cash at bank 3,051 5,035
1,751,475 1,753,459
CREDITORS
Amounts falling due within one year 5 5,383 5,384
NET CURRENT ASSETS 1,746,092 1,748,075
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,746,092

1,748,075

CAPITAL AND RESERVES
Called up share capital 6 600 600
Retained earnings 7 1,745,492 1,747,475
SHAREHOLDER FUNDS 1,746,092 1,748,075

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were authorised for issue by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:





Viresh Mukesh Patel - Director


Rautogrove Limited (Registered number: 01199991)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Rautogrove Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

Rautogrove Limited (Registered number: 01199991)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Amounts owed by group undertakings 1,200 1,200
Due from related companies 1,747,224 1,747,224
1,748,424 1,748,424

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other creditors 362 362
Directors' current accounts 3,063 3,063
Accrued expenses 1,958 1,959
5,383 5,384

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
600 Ordinary 1 600 600

7. RESERVES
Retained
earnings
£   

At 1 October 2023 1,747,475
Deficit for the year (1,983 )
At 30 September 2024 1,745,492

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at balance sheet date the company owed £3,063 (2023 - £3,063) to Mr. Mahesh Patel, a company director.

9. RELATED PARTY DISCLOSURES

As at balance sheet date the company was owed £1,747,224 (2023 - £1,747,224) by KMP Propfin Limited, a related company. This loan is non-interest bearing and payable on demand.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Princetown Securities Limited, a company registered in England and Wales.