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Registered number: 04521837
RAGU ESTATE AGENTS LIMITED
Financial Statements
For The Year Ended 31 December 2025
KST ACCOUNTANTS
INCORPORATED FINANCIAL ACCOUNTANTS
104 Northwood Avenue
Elm Park
Essex
RM12 4PX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04521837
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 26,000 26,000
26,000 26,000
CURRENT ASSETS
Debtors 6 25,896 18,904
Cash at bank and in hand 441 3,477
26,337 22,381
Creditors: Amounts Falling Due Within One Year 7 (45,998 ) (35,043 )
NET CURRENT ASSETS (LIABILITIES) (19,661 ) (12,662 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,339 13,338
Creditors: Amounts Falling Due After More Than One Year 8 (1,225 ) (9,089 )
NET ASSETS 5,114 4,249
CAPITAL AND RESERVES
Called up share capital 9 10,000 10,000
Profit and Loss Account (4,886 ) (5,751 )
SHAREHOLDERS' FUNDS 5,114 4,249
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr RAGURAJ THAVARAJAH
Director
24/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RAGU ESTATE AGENTS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04521837 . The registered office is 16 Tudor Close, Chigwell, Essex, IG7 5BG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 0
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 26,000
As at 31 December 2025 26,000
Net Book Value
As at 31 December 2025 26,000
As at 1 January 2025 26,000
Page 3
Page 4
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2025 8,472
As at 31 December 2025 8,472
Depreciation
As at 1 January 2025 8,472
As at 31 December 2025 8,472
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 -
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 18,000 4,121
Rent arrears - 3,000
Debtors-rent prepayment to landlord 7,896 10,560
Director's loan account - 1,223
25,896 18,904
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 18,000 11,900
Rent arrears to landlord - 10,577
Rent RECEIVED FROM TENANTS IN ADVANCE 21,776 12,566
Director's loan account 6,222 -
45,998 35,043
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Trade creditors - 1,500
Bounce back loan 1,225 7,589
1,225 9,089
Page 4
Page 5
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10,000 10,000
Page 5