Rayan & Co Enterprises Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08267017

Rayan & Co Enterprises Limited

Filleted Unaudited Financial Statements

31 October 2024

Rayan & Co Enterprises Limited

Financial Statements

Year ended 31 October 2024

Contents	Pages

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	1

Balance sheet	2 to 3

Notes to the financial statements	4 to 6

Rayan & Co Enterprises Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Rayan & Co Enterprises Limited

Year ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rayan & Co Enterprises Limited for the year ended 31 October 2024, which comprise the balance sheet and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Rayan & Co Enterprises Limited in accordance with the terms of our engagement letter dated 26 August 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Rayan & Co Enterprises Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rayan & Co Enterprises Limited and its director for our work or for this report.

It is your duty to ensure that Rayan & Co Enterprises Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rayan & Co Enterprises Limited. You consider that Rayan & Co Enterprises Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Rayan & Co Enterprises Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MILLER DAVIES LLP Chartered Accountants

A3 Broomsleigh Business Park Worsley Bridge Road London SE26 5BN

9 October 2025

Rayan & Co Enterprises Limited

Balance Sheet

31 October 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	4	3,349,689	3,363,551

Current assets

Debtors	5	9,738	82,726
Cash at bank and in hand		69,045	80,527
		--------	---------
		78,783	163,253

Creditors: amounts falling due within one year	6	1,920,095	1,854,746
		------------	------------
Net current liabilities		1,841,312	1,691,493
		------------	------------
Total assets less current liabilities		1,508,377	1,672,058

Creditors: amounts falling due after more than one year	7	1,770,000	1,770,000
		------------	------------
Net liabilities		( 261,623)	( 97,942)
		------------	------------

Capital and reserves

Called up share capital	4	4
Profit and loss account	( 261,627)	( 97,946)
	---------	--------
Shareholders deficit	( 261,623)	( 97,942)
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Rayan & Co Enterprises Limited

Balance Sheet (continued)

31 October 2024

These financial statements were approved by the board of directors and authorised for issue on 9 October 2025 , and are signed on behalf of the board by:

Mr S A A Kafil-Husain
Director

Company registration number: 08267017

Rayan & Co Enterprises Limited

Notes to the Financial Statements

Year ended 31 October 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is A3 Broomsleigh Business Park, Worsley Bridge Road, London, SE26 5BN, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	10% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Tangible assets

	Long leasehold property	Fixtures and fittings	Total
	£	£	£
Cost
At 1 November 2023 and 31 October 2024	3,335,923	138,622	3,474,545
	------------	---------	------------
Depreciation
At 1 November 2023	–	110,994	110,994
Charge for the year	–	13,862	13,862
	------------	---------	------------
At 31 October 2024	–	124,856	124,856
	------------	---------	------------
Carrying amount
At 31 October 2024	3,335,923	13,766	3,349,689
	------------	---------	------------
At 31 October 2023	3,335,923	27,628	3,363,551
	------------	---------	------------

5. Debtors

	2024	2023
	£	£
Other debtors	9,738	82,726
	-------	--------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	–	5,845
Corporation tax	–	450
Social security and other taxes	–	114
Other creditors	1,920,095	1,848,337
	------------	------------
	1,920,095	1,854,746
	------------	------------

7. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	1,770,000	1,770,000
	------------	------------

8. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2024	2023
	£	£

Financial assets measured at fair value through profit or loss

Financial assets measured at fair value through profit or loss	457	163,253
	----	---------

Financial liabilities measured at fair value through profit or loss

Financial liabilities measured at fair value through profit or loss	3,690,099	3,624,166
	------------	------------

9. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2024
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr S A A Kafil-Husain	( 1,685,773)	( 41,850)	( 1,727,623)
	------------	--------	------------

	2023
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr S A A Kafil-Husain	( 1,682,685)	( 3,088)	( 1,685,773)
	------------	-------	------------