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Company Registration No. 14744437 (England and Wales)
Raicar Limited Unaudited accounts for the year ended 31 March 2025
Raicar Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Raicar Limited Company Information for the year ended 31 March 2025
Director
Caroline Funmilayo Marshall-Adeniken
Company Number
14744437 (England and Wales)
Registered Office
11 Cornhill Newcastle upon Tyne Tyne and Wear NE5 2AZ England
Accountants
Avinu Consulting Limited 85 Great Portland Street London W1W 7LT
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Raicar Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
201,654
63,777
Current assets
Cash at bank and in hand
3,327
78,113
Creditors: amounts falling due within one year
5
(2,061)
(718)
Net current assets
1,266
77,395
Total assets less current liabilities
202,920
141,172
Creditors: amounts falling due after more than one year
6
(194,262)
(139,601)
Net assets
8,658
1,571
Capital and reserves
Called up share capital
1
1
Profit and loss account
8,657
1,570
Shareholders' funds
8,658
1,571
For the year ending 31 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 director acknowledges her 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 and authorised for issue on 26 December 2025 and were signed on its behalf by
Caroline Funmilayo Marshall-Adeniken Director Company Registration No. 14744437
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Raicar Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Raicar Limited is a private company, limited by shares, registered in England and Wales, registration number 14744437. The registered office is 11 Cornhill, Newcastle upon Tyne, Tyne and Wear, NE5 2AZ, England.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
4
Investment property
2025
£
Fair value at 1 April 2024
63,777
Additions
137,877
At 31 March 2025
201,654
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
1,661
368
Accruals
400
350
2,061
718
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
87,000
-
Loans from directors
107,262
139,601
194,262
139,601
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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