Company Registration No. 06234257 (England and Wales)
Ranic Motors Limited
Unaudited accounts
for the year ended 31 March 2025
Ranic Motors Limited
Unaudited accounts
Contents
Ranic Motors Limited
Company Information
for the year ended 31 March 2025
Directors
Amar Raithatha
Harish Raithatha
Prajay Raithatha
Company Number
06234257 (England and Wales)
Registered Office
221 HIGH STREET SOUTH
LONDON
E6 3PD
ENGLAND
Accountants
Cloud Tax Ltd
9-11 New Broadway
Ealing
London
W5 5AW
Ranic Motors Limited
Statement of financial position
as at 31 March 2025
Intangible assets
8,812
10,576
Tangible assets
15,522
19,402
Cash at bank and in hand
966,581
808,320
Creditors: amounts falling due within one year
(260,152)
(856,681)
Net current assets/(liabilities)
765,296
(29,855)
Total assets less current liabilities
789,630
123
Creditors: amounts falling due after more than one year
(785,017)
-
Called up share capital
4
4
Profit and loss account
4,609
119
Shareholders' funds
4,613
123
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 19 August 2025 and were signed on its behalf by
Amar Raithatha
Director
Company Registration No. 06234257
Ranic Motors Limited
Notes to the Accounts
for the year ended 31 March 2025
Ranic Motors Limited is a private company, limited by shares, registered in England and Wales, registration number 06234257. The registered office is 221 HIGH STREET SOUTH, LONDON, E6 3PD, 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:
Fixtures & fittings
20% WDV
Computer equipment
20% WDV
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Ranic Motors Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
47,829
9,704
446
57,979
At 31 March 2025
47,829
9,704
446
57,979
At 1 April 2024
30,194
8,247
136
38,577
Charge for the year
3,527
291
62
3,880
At 31 March 2025
33,721
8,538
198
42,457
At 31 March 2025
14,108
1,166
248
15,522
At 31 March 2024
17,635
1,457
310
19,402
Amounts falling due within one year
Trade debtors
26,130
1,762
Accrued income and prepayments
24,737
8,744
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
201,553
131,586
Taxes and social security
45,538
49,945
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 7 (2024: 7).