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REGISTERED NUMBER: OC418944 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

RAG CORPORATION LLP

RAG CORPORATION LLP (REGISTERED NUMBER: OC418944)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAG CORPORATION LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DESIGNATED MEMBERS: C A Deol
Ms K R S Deol
N G Deol





REGISTERED OFFICE: 31 Second Avenue
Second Avenue Industrial Estate
Chatham
ME4 5AU





REGISTERED NUMBER: OC418944 (England and Wales)





ACCOUNTANTS: M S Alinek BA FCA
7 Upton Lodge Close
Bushey
Hertfordshire
WD23 1AG

RAG CORPORATION LLP (REGISTERED NUMBER: OC418944)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £   
CURRENT ASSETS
Debtors 4 241,974 241,604
Prepayments and accrued income 152 -
Cash at bank and in hand 9,516 10,544
251,642 252,148
CREDITORS
Amounts falling due within one year 5 (449 ) (710 )
NET CURRENT ASSETS 251,193 251,438
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

251,193

251,438

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

191,193

191,438

MEMBERS' OTHER INTERESTS
Other reserves 60,000 60,000
251,193 251,438

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 191,193 191,438
Members' other interests 60,000 60,000
Amounts due from members 4 (142,383 ) (142,013 )
108,810 109,425

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

RAG CORPORATION LLP (REGISTERED NUMBER: OC418944)

BALANCE SHEET - continued
31 MARCH 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 4 August 2025 and were signed by:





C A Deol - Designated member

RAG CORPORATION LLP (REGISTERED NUMBER: OC418944)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Rag Corporation LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

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. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 97,663 97,663
Amounts owed by joint ventures 1,928 1,928
Other debtors 142,383 142,013
241,974 241,604

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors (1 ) -
Other creditors 450 710
449 710

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in " Loans and other debts due to members " will rank equally with unsecured creditors