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Company Registration No. 10251078 (England and Wales)
RANI'S FROZEN FOODS LTD Unaudited accounts for the year ended 30 June 2025
RANI'S FROZEN FOODS LTD Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
63,436
74,295
Current assets
Inventories
28,795
32,850
Debtors
132,223
135,747
Cash at bank and in hand
64,635
46,003
225,653
214,600
Creditors: amounts falling due within one year
(148,792)
(154,282)
Net current assets
76,861
60,318
Total assets less current liabilities
140,297
134,613
Creditors: amounts falling due after more than one year
(19,317)
(24,429)
Provisions for liabilities
Deferred tax
5
(6,713)
(7,604)
Net assets
114,267
102,580
Capital and reserves
Called up share capital
6
1
1
Profit and loss account
114,266
102,579
Shareholders' funds
114,267
102,580
For the year ending 30 June 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 16 November 2026 and were signed on its behalf by
Shahida Yasin Director Company Registration No. 10251078
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RANI'S FROZEN FOODS LTD Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
RANI'S FROZEN FOODS LTD is a private company, limited by shares, registered in England and Wales, registration number 10251078. The registered office is The Croft, Close Head, Thornton, Bradford, West Yorkshire, BD13 3SH, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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
20% on reducing balance
Motor vehicles
20% on reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The directors have carried out a detailed review of the company's resources and projected income streams. They are confident that the company has sufficient cash flows to meet its liabilities as they fall due for at least one year from the date of approval of the financial statements. Therefore, the company continues to adopt the going concern basis in preparing the financial statements.
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RANI'S FROZEN FOODS LTD Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 July 2024
136,267
At 30 June 2025
136,267
Depreciation
At 1 July 2024
61,972
Charge for the year
10,859
At 30 June 2025
72,831
Net book value
At 30 June 2025
63,436
At 30 June 2024
74,295
5
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
6,713
7,604
2025
2024
£
£
Provision at start of year
7,604
8,753
Credited to the profit and loss account
(891)
(1,149)
Provision at end of year
6,713
7,604
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 24 (2024: 25).
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