Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30false12202023-12-01falseNo description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07631696 2023-12-01 2024-11-30 07631696 2022-12-01 2023-11-30 07631696 2024-11-30 07631696 2023-11-30 07631696 c:Director1 2023-12-01 2024-11-30 07631696 d:MotorVehicles 2023-12-01 2024-11-30 07631696 d:MotorVehicles 2024-11-30 07631696 d:MotorVehicles 2023-11-30 07631696 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07631696 d:OfficeEquipment 2023-12-01 2024-11-30 07631696 d:OfficeEquipment 2024-11-30 07631696 d:OfficeEquipment 2023-11-30 07631696 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07631696 d:ComputerEquipment 2023-12-01 2024-11-30 07631696 d:ComputerEquipment 2024-11-30 07631696 d:ComputerEquipment 2023-11-30 07631696 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07631696 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07631696 d:CurrentFinancialInstruments 2024-11-30 07631696 d:CurrentFinancialInstruments 2023-11-30 07631696 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 07631696 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 07631696 d:ShareCapital 2024-11-30 07631696 d:ShareCapital 2023-11-30 07631696 d:RetainedEarningsAccumulatedLosses 2024-11-30 07631696 d:RetainedEarningsAccumulatedLosses 2023-11-30 07631696 d:AcceleratedTaxDepreciationDeferredTax 2024-11-30 07631696 d:AcceleratedTaxDepreciationDeferredTax 2023-11-30 07631696 c:OrdinaryShareClass1 2023-12-01 2024-11-30 07631696 c:OrdinaryShareClass1 2024-11-30 07631696 c:OrdinaryShareClass1 2023-11-30 07631696 c:FRS102 2023-12-01 2024-11-30 07631696 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 07631696 c:FullAccounts 2023-12-01 2024-11-30 07631696 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07631696 2 2023-12-01 2024-11-30 07631696 e:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07631696










RAYAN FACILITIES MANAGEMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
RAYAN FACILITIES MANAGEMENT LIMITED
REGISTERED NUMBER: 07631696

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
65,624
9,961

  
65,624
9,961

Current assets
  

Stocks
 5 
1,123,986
-

Debtors: amounts falling due within one year
 6 
1,660,258
1,771,001

Cash at bank and in hand
 7 
1,510,764
1,972,724

  
4,295,008
3,743,725

Creditors: amounts falling due within one year
 8 
(3,109,935)
(3,523,064)

Net current assets
  
 
 
1,185,073
 
 
220,661

Total assets less current liabilities
  
1,250,697
230,622

Provisions for liabilities
  

Deferred tax
 9 
(13,759)
-

  
 
 
(13,759)
 
 
-

Net assets
  
1,236,938
230,622


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
1,236,937
230,621

  
1,236,938
230,622


Page 1

 
RAYAN FACILITIES MANAGEMENT LIMITED
REGISTERED NUMBER: 07631696
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Siobhan Hamill
Director

Date: 29 August 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
RAYAN FACILITIES MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Rayan Facilities Management Limited, (07631696), is a private limited company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at St James House, Hollinswood Road, Central Park, Telford, England, TF2 9TZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
RAYAN FACILITIES MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
RAYAN FACILITIES MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
reducing balance
Office equipment
-
20%
reducing balance
Computer equipment
-
20%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
RAYAN FACILITIES MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







Employees
20
12

Page 6

 
RAYAN FACILITIES MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Tangible fixed assets





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 December 2023
10,500
-
1,951
12,451


Additions
-
61,251
1,833
63,084



At 30 November 2024

10,500
61,251
3,784
75,535



Depreciation


At 1 December 2023
2,100
-
390
2,490


Charge for the year on owned assets
1,680
5,104
637
7,421



At 30 November 2024

3,780
5,104
1,027
9,911



Net book value



At 30 November 2024
6,720
56,147
2,757
65,624



At 30 November 2023
8,400
-
1,561
9,961


5.


Stocks

2024
2023
£
£

Work in progress
1,123,986
-

1,123,986
-


Page 7

 
RAYAN FACILITIES MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
1,285,066
1,735,872

Other debtors
363,513
35,129

Prepayments and accrued income
11,679
-

1,660,258
1,771,001



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,510,764
1,972,724

1,510,764
1,972,724



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,581,933
3,370,688

Taxation and social security
343,345
89,835

Other creditors
35,342
19,541

Accruals and deferred income
149,315
43,000

3,109,935
3,523,064



9.


Deferred taxation




2024


£






Charged to profit or loss
(13,759)



At end of year
(13,759)

Page 8

 
RAYAN FACILITIES MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
 
9.Deferred taxation (continued)

The deferred taxation balance is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(13,759)
-

(13,759)
-


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary A share of £1.00
1
1


 
Page 9