RAANTEC PROPERTIES LIMITED

Company Information
for the period from 23 October 2023 to 31 October 2024


Directors	PREMCHAND, Tejaswee
	SHANKAR MEGHAWATH, Rajatha


Registered Number	15229226 (England and Wales)

Balance Sheet as at
31 October 2024

	Notes	2024
		£	£
Fixed assets
Investment property	3		152,430
			152,430
Current assets
Cash at bank and on hand		2,817
		2,817
Creditors amounts falling due within one year	4	(55,427)
Net current assets (liabilities)			(52,610)
Total assets less current liabilities			99,820
Creditors amounts falling due after one year	5		(104,044)
Net assets			(4,224)
Capital and reserves
Called up share capital			100
Profit and loss account			(4,324)
Shareholders' funds			(4,224)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 October 2025, and are signed on its behalf by:

PREMCHAND, Tejaswee
Director
Registered Company No. 15229226

RAANTEC PROPERTIES LIMITED

Notes to the Financial Statements
for the period ended 31 October 2024

1.	Accounting policies

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2024
	Average number of employees during the year	0

3.	Investment property

4.	Creditors: amounts due within one year

		2024
		£
	Trade creditors / trade payables	54,627
	Accrued liabilities and deferred income	800
	Total	55,427

5.	Creditors: amounts due after one year

		2024
		£
	Bank borrowings and overdrafts	104,044
	Total	104,044