Raftis Consultants Limited - Filleted accounts

Registered number

03766490

Raftis Consultants Limited

Filleted Accounts

31 March 2025

Raftis Consultants Limited
Registered number:		03766490
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,085,016			2,004,621
Investments	4		203,462			199,671
			2,288,478			2,204,292

Current assets
Debtors	5	21,703			20,038
Cash at bank and in hand		103,353			60,881
		125,056			80,919

Creditors: amounts falling due within one year	6	(1,745,636)			(1,757,274)

Net current liabilities			(1,620,580)			(1,676,355)

Net assets			667,898			527,937

Capital and reserves
Called up share capital			100			100
Revaluation reserve	7		5,084			5,084
Profit and loss account			662,714			522,753

			667,898			527,937

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr R W Emanuel
Director
Approved by the board on 1 December 2025

Raftis Consultants Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Turnover
	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					-		-


3	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 April 2024			1,970,029		66,360		2,036,389
	Additions			77,475		10,086		87,561
	At 31 March 2025			2,047,504		76,446		2,123,950

	Depreciation
	At 1 April 2024			-		31,768		31,768
	Charge for the year			-		7,166		7,166
	At 31 March 2025			-		38,934		38,934

	Net book value
	At 31 March 2025			2,047,504		37,512		2,085,016
	At 31 March 2024			1,970,029		34,592		2,004,621


4	Investments

Other
investments
£
	Cost
	At 1 April 2024							199,671
	Additions							19,791
	Disposals							(16,000)

	At 31 March 2025							203,462


5	Debtors					2025		2024
£							£

	Trade debtors					15,778		15,986
	Other debtors					5,925		4,052
						21,703		20,038


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					2,108		5,294
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					120,000		120,000
	Corporation tax					45,835		20,686
	Other taxes and social security costs					8,180		7,229
	Other creditors					1,569,513		1,604,065
						1,745,636		1,757,274


7	Revaluation reserve					2025		2024
£							£

	At 1 April 2024					5,084		5,084

	At 31 March 2025					5,084		5,084


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr R W Emanuel
	Directors Loan Account	(1,572,439)		89,414		(54,737)		(1,537,762)

		(1,572,439)		89,414		(54,737)		(1,537,762)


9	Related party transactions

	As at 31st March 2025, the director, Mr R W Emanuel, was owed £1,537,762 (2024: £1,572,439) by the Company. This loan is unsecured and interest free.

	During the year the Company charged rental fees of £16,735 (2024: £14,079) to Emanuel Jones LLP, a business whereby Mr R W Emanuel is a member.

	During the year the Company charged management service charge fees of £757 (2024: £721) to Castle House Partnership, a business whereby Mr R W Emanuel is a partner.


10	Controlling party

	The company is controlled by its director and sole shareholder, Mr R W Emanuel.

11	Other information

	Raftis Consultants Limited is a private company limited by shares and incorporated in England. Its registered office is:
	6 Ty Nant Court
	Morganstown
	Cardiff
	CF15 8LW