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Company Registration No. 07388139 (England and Wales)
R Walia Ltd Unaudited accounts for the year ended 30 September 2024
R Walia Ltd Unaudited accounts Contents
Page
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R Walia Ltd Company Information for the year ended 30 September 2024
Director
Randeep Singh
Company Number
07388139 (England and Wales)
Registered Office
7 The Oaks Corley Coventry West Midlands CV7 8QN England
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R Walia Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,973 
4,966 
Current assets
Debtors
39,876 
44,476 
Cash at bank and in hand
29,563 
5,429 
69,439 
49,905 
Creditors: amounts falling due within one year
(29,031)
(41,411)
Net current assets
40,408 
8,494 
Total assets less current liabilities
44,381 
13,460 
Creditors: amounts falling due after more than one year
(3,536)
(5,551)
Net assets
40,845 
7,909 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
40,844 
7,908 
Shareholders' funds
40,845 
7,909 
For the year ending 30 September 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 June 2025 and were signed on its behalf by
Randeep Singh Director Company Registration No. 07388139
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R Walia Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
R Walia Ltd is a private company, limited by shares, registered in England and Wales, registration number 07388139. The registered office is 7 The Oaks, Corley, Coventry, West Midlands, CV7 8QN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
13,164 
At 30 September 2024
13,164 
Depreciation
At 1 October 2023
8,198 
Charge for the year
993 
At 30 September 2024
9,191 
Net book value
At 30 September 2024
3,973 
At 30 September 2023
4,966 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
15,400 
20,000 
Other debtors
24,476 
24,476 
39,876 
44,476 
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R Walia Ltd Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
10,223 
2,149 
Loans from directors
17,808 
38,262 
Accruals
1,000 
1,000 
29,031 
41,411 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,536 
5,551 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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