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REGISTERED NUMBER: 05454198 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

RNDM Retail Limited

RNDM Retail Limited (Registered number: 05454198)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RNDM Retail Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Miss N Hirani
Mrs R Hirani





REGISTERED OFFICE: 258 Tag Lane
Preston
PR2 3TX





REGISTERED NUMBER: 05454198 (England and Wales)





ACCOUNTANTS: Account-Angels (North West) Limited
Uglow Farm
Broadhead Road
Edgworth
Bolton
BL7 0JN

RNDM Retail Limited (Registered number: 05454198)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 42,824 51,757
42,824 51,757

CURRENT ASSETS
Stocks 6 47,475 53,047
Debtors 7 24,955 25,459
Cash at bank and in hand 99,261 80,394
171,691 158,900
CREDITORS
Amounts falling due within one year 8 98,066 66,978
NET CURRENT ASSETS 73,625 91,922
TOTAL ASSETS LESS CURRENT
LIABILITIES

116,449

143,679

CREDITORS
Amounts falling due after more than
one year

9

19,986

69,978
NET ASSETS 96,463 73,701

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 96,363 73,601
SHAREHOLDERS' FUNDS 96,463 73,701

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

RNDM Retail Limited (Registered number: 05454198)

Balance Sheet - continued
31 October 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2025 and were signed on its behalf by:





Miss N Hirani - Director


RNDM Retail Limited (Registered number: 05454198)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

RNDM Retail 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Equipment - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


RNDM Retail Limited (Registered number: 05454198)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 173,600
AMORTISATION
At 1 November 2023
and 31 October 2024 173,600
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

RNDM Retail Limited (Registered number: 05454198)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. TANGIBLE FIXED ASSETS
Improvements
Short to
leasehold property Equipment
£    £    £   
COST
At 1 November 2023
and 31 October 2024 9,429 29,000 43,004
DEPRECIATION
At 1 November 2023 - 14,500 37,472
Charge for year - 2,900 1,106
At 31 October 2024 - 17,400 38,578
NET BOOK VALUE
At 31 October 2024 9,429 11,600 4,426
At 31 October 2023 9,429 14,500 5,532

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 99,188 22,208 202,829
DEPRECIATION
At 1 November 2023 86,261 12,839 151,072
Charge for year 2,585 2,342 8,933
At 31 October 2024 88,846 15,181 160,005
NET BOOK VALUE
At 31 October 2024 10,342 7,027 42,824
At 31 October 2023 12,927 9,369 51,757

6. STOCKS
31.10.24 31.10.23
£    £   
Stocks 47,475 53,047

RNDM Retail Limited (Registered number: 05454198)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 3,831 4,735
Other debtors 21,124 20,724
24,955 25,459

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 5,208 5,208
Trade creditors 79,106 39,670
Taxation and social security 7,116 15,464
Other creditors 6,636 6,636
98,066 66,978

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 762 5,970
Other creditors 19,224 64,008
19,986 69,978