RAJARTISAN LIMITED - Filleted accounts

RAJARTISAN LIMITED - Filleted accounts

RAJARTISAN LIMITED - Company Information

Print Friendly Version

Registered number
06436445
RAJARTISAN LIMITED
Filleted Accounts
31 March 2023
RAJARTISAN LIMITED
Registered number: 06436445
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 263 -
Current assets
Debtors 4 36,070 32,158
Creditors: amounts falling due within one year 5 (18,486) (23,717)
Net current assets 17,584 8,441
Net assets 17,847 8,441
Capital and reserves
Called up share capital 100 100
Profit and loss account 17,747 8,341
Shareholders' funds 17,847 8,441
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 Sudheer Rajan
Director
Approved by the board on 15 December 2023
RAJARTISAN LIMITED
Notes to the Accounts
for the year ended 31 March 2023
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.
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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2022 1,973
Additions 263
At 31 March 2023 2,236
Depreciation
At 1 April 2022 1,973
At 31 March 2023 1,973
Net book value
At 31 March 2023 263
4 Debtors 2023 2022
£ £
Trade debtors 21,035 24,126
CIS Tax recoverable 8,988 7,217
Other debtors 6,047 815
36,070 32,158
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 6,488 2,687
Trade creditors - 2,760
Corporation tax 4,338 7,011
Other taxes and social security costs 792 792
Subcontractors 2,160 3,024
Accruals and deferred income 3,165 6,129
Other creditors 1,543 1,314
18,486 23,717
6 Other information
RAJARTISAN LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
34 Gragonfly Court
3 Heybourne Crescent
Colindale
London
NW9 5UW
RAJARTISAN LIMITED 06436445 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts October 2023 release 2 Mr Sudheer Rajan No description of principal activity 06436445 2021-04-01 2022-03-31 06436445 core:WithinOneYear 2022-03-31 06436445 core:ShareCapital 2022-03-31 06436445 core:RetainedEarningsAccumulatedLosses 2022-03-31 06436445 2022-04-01 2023-03-31 06436445 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06436445 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06436445 bus:Director40 2022-04-01 2023-03-31 06436445 1 2022-04-01 2023-03-31 06436445 2 2022-04-01 2023-03-31 06436445 core:PlantMachinery 2022-04-01 2023-03-31 06436445 countries:England 2022-04-01 2023-03-31 06436445 bus:FRS102 2022-04-01 2023-03-31 06436445 bus:FullAccounts 2022-04-01 2023-03-31 06436445 2023-03-31 06436445 core:WithinOneYear 2023-03-31 06436445 core:ShareCapital 2023-03-31 06436445 core:RetainedEarningsAccumulatedLosses 2023-03-31 06436445 core:PlantMachinery 2023-03-31 06436445 2022-03-31 06436445 core:PlantMachinery 2022-03-31 iso4217:GBP xbrli:pure