Registration number: 10560275

Raintree Developments Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 6

Raintree Developments Limited

Company Information

Directors

Mr S K Mohta Mr N K Singhi Mrs D Khaitan

Registered office

18 Fitzhardinge Street London W1H 6EQ

Auditors

Cameron & Associates Limited The Hour House 32 High Street Rickmansworth Hertfordshire WD3 1ER

Raintree Developments Limited

(Registration number: 10560275)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed Assets
Tangible Assets	4	1	1
Investment property	5	2,052,166	2,052,166
		2,052,167	2,052,167
Current assets
Debtors	6	359	1,702
Cash at bank and in hand		30,207	46,753
		30,566	48,455
Creditors: Amounts falling due within one year	7	(735,220)	(716,566)
Net current liabilities		(704,654)	(668,111)
Net assets		1,347,513	1,384,056
Capital and reserves
Called up share capital	8	1,215,825	1,215,825
Retained earnings		131,688	168,231
Shareholders' funds		1,347,513	1,384,056

 

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 August 2025 and signed on its behalf by:
 

......................................... Mr N K Singhi Director

Raintree Developments Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
18 Fitzhardinge Street
London
W1H 6EQ

These financial statements were authorised for issue by the Board on 22 August 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The Company meets its day to day working capital requirements with continued support from the immediate parent company (Jagmadhur Realty Private Limited - India). The parent company has made a formal confirmation that it will provide adequate financial support to enable Raintree Developments Limited to continue trading for the foreseeable future. On this basis, the Directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of this support.

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 22 August 2025 was Rajinder Basra, who signed for and on behalf of Cameron & Associates Limited.

.........................................

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Raintree Developments Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Raintree Developments Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

4	Tangible Assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2024	910	910
At 31 March 2025	910	910
Depreciation
At 1 April 2024	909	909
At 31 March 2025	909	909
Carrying amount
At 31 March 2025	1	1
At 31 March 2024	1	1

5	Investment properties

	2025 £
At 1 April	2,052,166
At 31 March	2,052,166

There had not been a valuation of the investment property by an independent valuer during the year.

6

Debtors

Current	2025 £	2024 £
Other debtors	359	1,702
	359	1,702

Raintree Developments Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	722,270	700,000
Trade creditors		3,750	7,003
Accruals and deferred income		9,200	9,563
		735,220	716,566

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	221,050	221,050	221,050	221,050
Ordinary A of £1 each	50	50	50	50
Preference of £1 each	994,725	994,725	994,725	994,725
	1,215,825	1,215,825	1,215,825	1,215,825

9	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Other borrowings	722,270	700,000