REGISTERED NUMBER: 09510626 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

R N A ELITE & CO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr O Agbaje

Mrs A Agbaje

REGISTERED OFFICE:

31 Riverside Walk

Wickford

Essex

SS12 0DU

REGISTERED NUMBER:

09510626 (England and Wales)

ACCOUNTANTS:

Carleys

Second Floor South

The Fitted Rigging House

The Historic Dockyard

Chatham

Kent

ME4 4TZ

FIXED ASSETS

Investment property

4

170,576

142,680

CURRENT ASSETS

Debtors

5

969

969

CREDITORS

Amounts falling due within one year

6

(107,890

)

(102,921

)

NET CURRENT LIABILITIES

(106,921

)

(101,952

)

TOTAL ASSETS LESS CURRENT LIABILITIES

63,655

40,728

PROVISIONS FOR LIABILITIES

(18,530

)

(15,778

)

NET ASSETS

45,125

24,950

CAPITAL AND RESERVES

Called up share capital

7

100

100

Fair Value Reserve

89,467

64,323

Retained earnings

(44,442

)

(39,473

)

SHAREHOLDERS' FUNDS

45,125

24,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

Dr O Agbaje - Director

1.	STATUTORY INFORMATION

R N A Elite & Co Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

The accounts have been prepared on the going concern basis. The directors have indicated that they will not be withdrawing money from their loan accounts until such time as the company becomes solvent.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

142,680

Revaluations

27,896

At 31 March 2025

170,576

NET BOOK VALUE

At 31 March 2025

170,576

At 31 March 2024

142,680

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

2,969

Valuation in 2022

3,118

Valuation in 2023

61,334

Valuation in 2024

12,680

Valuation in 2025

27,896

Cost

62,579

170,576

Investment properties were valued on an open market basis on 31 March 2024 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

969

969

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

107,890

102,921

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100