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
R Walia Ltd
Company Information
for the year ended 30 September 2024
Company Number
07388139 (England and Wales)
Registered Office
7 The Oaks
Corley
Coventry
West Midlands
CV7 8QN
England
R Walia Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
3,973
4,966
Cash at bank and in hand
29,563
5,429
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)
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
R Walia Ltd
Notes to the Accounts
for the year ended 30 September 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 30 September 2024
13,164
At 30 September 2024
9,191
At 30 September 2024
3,973
At 30 September 2023
4,966
Amounts falling due after more than one year
Amounts due from group undertakings etc.
15,400
20,000
Other debtors
24,476
24,476
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
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).