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Company Registration No. 07925988 (England and Wales)
Rashid Bhatti Limited Unaudited accounts for the year ended 29 March 2025
Rashid Bhatti Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Rashid Bhatti Limited Company Information for the year ended 29 March 2025
Directors
Dr Rashid Ahmed BHATTI Hasan Rashid BHATTI
Secretary
Haroon Rashid BHATTI
Company Number
07925988 (England and Wales)
Registered Office
87 Harborne Road Birmingham B15 3HG
Accountants
Nextin Accountants 38P Alum Rock Road Birmingham West Midlands B8 1JA
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Rashid Bhatti Limited Statement of financial position as at 29 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,531,180
3,535,310
Current assets
Cash at bank and in hand
34,038
181,210
Creditors: amounts falling due within one year
5
(78,132)
(67,031)
Net current (liabilities)/assets
(44,094)
114,179
Total assets less current liabilities
3,487,086
3,649,489
Creditors: amounts falling due after more than one year
6
(885,415)
(1,278,087)
Net assets
2,601,671
2,371,402
Capital and reserves
Called up share capital
100
100
Profit and loss account
2,601,571
2,371,302
Shareholders' funds
2,601,671
2,371,402
For the year ending 29 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 5 November 2025 and were signed on its behalf by
Dr Rashid Ahmed BHATTI Director Company Registration No. 07925988
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Rashid Bhatti Limited Notes to the Accounts for the year ended 29 March 2025
1
Statutory information
Rashid Bhatti Limited is a private company, limited by shares, registered in England and Wales, registration number 07925988. The registered office is 87 Harborne Road, Birmingham, B15 3HG.
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.
3
Accounting policies
These financial statements for the year ended 29 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 30 March 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
15%
Motor vehicles
20%
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 30 March 2024
3,514,500
37,000
14,268
3,565,768
At 29 March 2025
3,514,500
37,000
14,268
3,565,768
Depreciation
At 30 March 2024
-
16,840
13,618
30,458
Charge for the year
-
4,032
98
4,130
At 29 March 2025
-
20,872
13,716
34,588
Net book value
At 29 March 2025
3,514,500
16,128
552
3,531,180
At 29 March 2024
3,514,500
20,160
650
3,535,310
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Rashid Bhatti Limited Notes to the Accounts for the year ended 29 March 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
78,132
67,031
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
885,415
1,278,087
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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