Registered number
12828872
Rupa Enterprise Ltd
Filleted Accounts
31 August 2024
Rupa Enterprise Ltd
Registered number: 12828872
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Investment property 3 1,101,684 626,553
Current assets
Cash at bank and in hand 4,633 24,671
Creditors: amounts falling due within one year 4 (675,710) (226,987)
Net current liabilities (671,077) (202,316)
Total assets less current liabilities 430,607 424,237
Creditors: amounts falling due after more than one year 5 (428,494) (428,199)
Net assets/(liabilities) 2,113 (3,962)
Capital and reserves
Called up share capital 100 100
Profit and loss account 2,013 (4,062)
Shareholders' funds 2,113 (3,962)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Bhindi
Director
Approved by the board on 29 May 2025
Rupa Enterprise Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt going concern basis of accounting in preparing the financial statements.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Investments property
Investment properties are properties held to earn rentals and capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Investments property
Other
investments
£
Cost
At 1 September 2023 626,553
Additions 475,131
At 31 August 2024 1,101,684
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 15,486 15,486
Taxation and social security costs 474 -
Other creditors 659,750 211,501
675,710 226,987
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 428,494 428,199
6 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years 350,769 350,769
Secured bank loans 443,980 443,685
The bankloan is secured over the property held by the company.
7 Other information
Rupa Enterprise Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit D
17 Plumbers Row
London
 E1 1EQ
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