RAVI PAL RADIANCE LTD - Limited company accounts 20.1
RAVI PAL RADIANCE LTD - Limited company accounts 20.1
REGISTERED NUMBER: |
Report of the Director and |
Unaudited Financial Statements for the Year Ended 31 March 2020 |
for |
RAVI PAL RADIANCE LTD |
RAVI PAL RADIANCE LTD (Registered number: 11674757) |
Contents of the Financial Statements |
for the Year Ended 31 March 2020 |
Page |
Company Information | 1 |
Report of the Director | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
RAVI PAL RADIANCE LTD |
Company Information |
for the Year Ended 31 March 2020 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
STAFFORDSHIRE KNOT |
PINFOLD STREET |
WEDNESBURY |
WS10 8TE |
RAVI PAL RADIANCE LTD (Registered number: 11674757) |
Report of the Director |
for the Year Ended 31 March 2020 |
The director presents his report with the financial statements of the company for the year ended 31 March 2020. |
DIRECTOR |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
RAVI PAL RADIANCE LTD (Registered number: 11674757) |
Income Statement |
for the Year Ended 31 March 2020 |
Period |
13/11/18 |
Year Ended | to |
31/3/20 | 31/3/19 |
£ | £ |
TURNOVER |
OPERATING PROFIT and |
PROFIT BEFORE TAXATION |
Tax on profit |
PROFIT FOR THE FINANCIAL YEAR |
RAVI PAL RADIANCE LTD (Registered number: 11674757) |
Balance Sheet |
31 March 2020 |
31/3/20 | 31/3/19 |
£ | £ |
CURRENT ASSETS |
Cash in hand |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the director and authorised for issue on |
RAVI PAL RADIANCE LTD (Registered number: 11674757) |
Notes to the Financial Statements |
for the Year Ended 31 March 2020 |
1. | STATUTORY INFORMATION |
RAVI PAL RADIANCE LTD is a |
and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to |
items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by |
the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are |
recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by |
the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against |
the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2019 - NIL). |