| Registered Number:08250073 |
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2024
Razak and Razak Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Razak and Razak Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
155,386
159,079
2
155,386
159,079
270,000
240,000
3
| Trade and other receivables |
60,000
32,217
4
7,111
| Cash and cash equivalents |
3,738
275,955
337,111
| Trade and other payables: amounts falling due within one |
| year |
(39,850)
(15,575)
5
297,261
260,380
Net current assets
| Total assets less current liabilities |
415,766
456,340
| Trade and other payables: amounts falling due after more |
| than one year |
(190,069)
(174,245)
6
241,521
Net assets
266,271
2
2
241,519
266,269
241,521
266,271
Shareholders' funds
| For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 10 October 2025 and were signed by: |
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For the year ended 31 October 2024
Razak and Razak Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 31 October 2024
Razak and Razak Limited
Notes to the Financial Statements
Statutory Information
| Razak and Razak Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 08250073. |
Unit 4 Ideal Works
62 Hayes Lane
Lye
Stourbridge
DY9 8RE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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For the year ended 31 October 2024
Razak and Razak Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
177,478
6,550
35,928
135,000
135,000
35,928
6,550
177,478
| Provision for depreciation and impairment |
18,399
5,739
12,660
-
Charge for year
3,693
202
3,491
-
22,092
5,941
16,151
-
135,000
19,777
609
155,386
135,000
23,268
811
159,079
2023
2024
240,000
270,000
| 4. Trade and other receivables |
2023
2024
30,000
60,000
2,217
-
60,000
32,217
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
7,225
28,890
| Taxation and social security |
8,350
10,960
15,575
39,850
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For the year ended 31 October 2024
Razak and Razak Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
174,245
190,069
| 7. Average number of persons employed |
During the year the average number of employees was 0 (2023 : 1)
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