RAS JET SERVICES LTD - Filleted accounts

Registered number

10517400

RAS JET SERVICES LTD

Filleted Accounts

for the year ended 31 December 2025

RAS JET SERVICES LTD
Registered number:		10517400
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Current assets
Stocks		9,812			9,234
Debtors	3	61,226			63,685
Cash at bank and in hand		28,282			1,985
		99,320			74,904

Creditors: amounts falling due within one year	4	(123,119)			(122,726)

Net current liabilities			(23,799)			(47,822)

Net liabilities			(23,799)			(47,822)

Capital and reserves
Called up share capital			2			2
Profit and loss account			(23,801)			(47,824)

Shareholders' funds			(23,799)			(47,822)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 Fahed Fadel
Director
Approved by the board on 21 September 2026

RAS JET SERVICES LTD
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	2		2


3	Debtors	2025		2024
£			£

	Trade debtors	61,226		63,685


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

	Trade creditors	79,846		69,075
	Nest Pension	394		104
	Taxation and social security costs	5,105		(385)
	Other creditors	37,774		53,932
		123,119		122,726

5	Other information

	RAS JET SERVICES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	667-669 Garratt Lane
	Earlsfield
	London
	SW17 0PB