Rai & Rai (International) Limited
Rai & Rai (International) Limited
Registered number: 02232852
Unaudited Financial Statements
For The Year Ended
30 June 2020
Allen Rose
Chartered Certified Accountants
Rai & Rai (International) Limited
Accountant's Report
For The Year Ended
30 June 2020
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of
Rai & Rai (International) Limited
For The Year Ended 30 June 2020
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of
Rai & Rai (International) Limited
which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of
Rai & Rai (International) Limited
, as a body, in accordance with the terms of our engagement letter dated 15 August 2018. Our work has been undertaken solely to prepare for your approval the accounts of
Rai & Rai (International) Limited
and state those matters that we have agreed to state to the director of
Rai & Rai (International) Limited
, as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Rai & Rai (International) Limited
and its director as a body for our work or for this report.
It is your duty to ensure that
Rai & Rai (International) Limited
has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of
Rai & Rai (International) Limited
. You consider that
Rai & Rai (International) Limited
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of
Rai & Rai (International) Limited
. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
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Chartered Certified Accountants
PA068 Technology Centre
Wolverhampton Science Park
Wolverhampton
West Midlands
WV10 9RU
Rai & Rai (International) Limited
Balance Sheet
As at
30 June 2020
Balance Sheet
Registered number:
02232852
| 2020 | 2019 | ||
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| £ | £ | ||
| Fixed assets |
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| Current assets |
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| Prepayments and accrued income |
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| Creditors: Amounts Falling Due Within One Year |
( |
( |
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| NET CURRENT ASSETS |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling After More Than One Year |
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( |
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| Accruals and deferred income |
( |
( |
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| NET ASSETS |
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| CAPITAL AND RESERVES |
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Notes
1.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2019: 2)
2.
Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
| As at
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Amounts advanced | Amounts repaid | Amounts written off | As at
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|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Mr Balbir Singhani |
( |
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- |
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The above loan is unsecured, interest free and repayable on demand.
3.
General Information
Rai & Rai (International) Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
02232852
. The registered office is 14 Buttress Way, Smethwick, Warley, West Midlands, B66 3DL.
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Rai & Rai (International) Limited
Balance Sheet (continued)
As at
30 June 2020
Director's responsibilities
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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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
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Director
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