Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12711307 Dr Dharmesh Rajput Mrs Shakthi Rajput Dr Dharmesh Rajput and Shakthi Rajput true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12711307 2023-07-31 12711307 2024-07-31 12711307 2023-08-01 2024-07-31 12711307 frs-core:CurrentFinancialInstruments 2024-07-31 12711307 frs-core:Non-currentFinancialInstruments 2024-07-31 12711307 frs-core:FurnitureFittings 2024-07-31 12711307 frs-core:FurnitureFittings 2023-08-01 2024-07-31 12711307 frs-core:FurnitureFittings 2023-07-31 12711307 frs-core:PlantMachinery 2024-07-31 12711307 frs-core:PlantMachinery 2023-08-01 2024-07-31 12711307 frs-core:PlantMachinery 2023-07-31 12711307 frs-core:ShareCapital 2024-07-31 12711307 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12711307 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12711307 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12711307 frs-bus:SmallEntities 2023-08-01 2024-07-31 12711307 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12711307 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12711307 1 2023-08-01 2024-07-31 12711307 frs-core:CostValuation 2023-07-31 12711307 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-07-31 12711307 frs-core:CostValuation 2024-07-31 12711307 frs-core:ProvisionsForImpairmentInvestments 2023-07-31 12711307 frs-core:ProvisionsForImpairmentInvestments 2024-07-31 12711307 frs-bus:Director1 2023-08-01 2024-07-31 12711307 frs-bus:Director2 2023-08-01 2024-07-31 12711307 frs-countries:EnglandWales 2023-08-01 2024-07-31 12711307 2022-07-31 12711307 2023-07-31 12711307 2022-08-01 2023-07-31 12711307 frs-core:CurrentFinancialInstruments 2023-07-31 12711307 frs-core:Non-currentFinancialInstruments 2023-07-31 12711307 frs-core:ShareCapital 2023-07-31 12711307 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12711307
Rajput Property Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Calculated Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12711307
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,942 4,374
Investment Properties 5 627,747 627,747
Investments 6 44,082 48,163
674,771 680,284
CURRENT ASSETS
Debtors 7 311,760 273,534
Cash at bank and in hand 2,781 3,687
314,541 277,221
Creditors: Amounts Falling Due Within One Year 8 (1,379 ) (964 )
NET CURRENT ASSETS (LIABILITIES) 313,162 276,257
TOTAL ASSETS LESS CURRENT LIABILITIES 987,933 956,541
Creditors: Amounts Falling Due After More Than One Year 9 (1,008,324 ) (968,476 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,958 ) (2,733 )
NET LIABILITIES (22,349 ) (14,668 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (22,449 ) (14,768 )
SHAREHOLDERS' FUNDS (22,349) (14,668)
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For the year ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Dharmesh Rajput
Director
08/04/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Rajput Property Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12711307 . The registered office is 33 Broadland Drive, Thorpe End, Norwich, NR13 5BT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Plant & Machinery Straight line, effective life 5 years
Fixtures & Fittings Straight line, effective life 5 years
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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2023 360 6,799 7,159
As at 31 July 2024 360 6,799 7,159
Depreciation
As at 1 August 2023 126 2,659 2,785
Provided during the period 72 1,360 1,432
As at 31 July 2024 198 4,019 4,217
Net Book Value
As at 31 July 2024 162 2,780 2,942
As at 1 August 2023 234 4,140 4,374
5. Investment Property
2024
£
Fair Value
As at 1 August 2023 and 31 July 2024 627,747
6. Investments
Other
£
Cost
As at 1 August 2023 48,163
Revaluations (4,081 )
As at 31 July 2024 44,082
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 44,082
As at 1 August 2023 48,163
7. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 308,228 253,747
Other debtors 3,532 19,787
311,760 273,534
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,379 964
1,379 964
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 418,227 418,227
Other creditors 225,500 173,400
Directors loan account 364,597 376,849
1,008,324 968,476
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Related Party Transactions
Included within Creditors is the loan balance of £ 37,967 (2023: £ 36,375) from the Director, Dr Dharmesh Rajput, at the end of the year. The loan is unsecured, interest free and there are no fixed terms of repayment.
Included within Creditors is the loan balance of £ 326,630 (2023: £ 340,474) from the Director, Shakthi Rajput, at the end of the year. The loan is unsecured, interest free and there are no fixed terms of repayment.
Included within Creditors is a loan balance of £ 225,500 (2023: £ 173,400) from related party of Rajput Medical Limited. The company is controlled and run by Dr Dharmesh Rajput and Shakthi Rajput. This loan is unsecured, interest free and there are no fixed terms of repayment.
12. Ultimate Controlling Party
The company's ultimate controlling party is Dr Dharmesh Rajput and Shakthi Rajput by virtue of their ownership of 100% of the issued share capital in the company.
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