RASHID HOLDINGS AND INVESTMENTS LIMITED


Director	RASHID, Maeidur


Company Secretary	RASHID, Maeidur


Registered Address	28 North Station Road
	Colchester
	CO1 1RB


Registered Number	12359836 (England and Wales)

Balance Sheet as at
31 December 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	3		150,305		150,305
			150,305		150,305
Current assets
Debtors		40,000		40,000
Cash at bank and on hand		15		135
		40,015		40,135
Creditors amounts falling due within one year	4	(29,406)		(38,042)
Net current assets (liabilities)			10,609		2,093
Total assets less current liabilities			160,914		152,398
Creditors amounts falling due after one year	5		(100,236)		(102,137)
Net assets			60,678		50,261
Capital and reserves
Called up share capital			40,000		40,000
Profit and loss account			20,678		10,261
Shareholders' funds			60,678		50,261

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 3 May 2025, and are signed on its behalf by:

RASHID, Maeidur
Director
Registered Company No. 12359836

RASHID HOLDINGS AND INVESTMENTS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2023

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees


		2023		2022
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 January 23	150,305	150,305
At 31 December 23	150,305	150,305
Net book value
At 31 December 23	150,305	150,305
At 31 December 22	150,305	150,305

4.	Creditors: amounts due within one year

	2023	2022
	£	£
Trade creditors / trade payables	29,406	38,042
Total	29,406	38,042

5.	Creditors: amounts due after one year

	2023	2022
	£	£
Bank borrowings and overdrafts	100,236	102,137
Total	100,236	102,137