ACCOUNTS - Final Accounts

Share capital

Shares classified as equity

RAJ SUDDHI LIMITED - Company Information

Caseware UK (AP4) 2014.0.91 2014.0.91 2016-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetruecommunity pharmacyfalse2016-01-01 04981336 2016-01-01 2016-12-31 04981336 2016-12-31 04981336 2015-12-31 04981336 c:Director1 2016-01-01 2016-12-31 04981336 c:Director2 2016-01-01 2016-12-31 04981336 d:Buildings 2016-01-01 2016-12-31 04981336 d:Buildings 2016-12-31 04981336 d:Buildings 2015-12-31 04981336 d:Buildings d:OwnedOrFreeholdAssets 2016-01-01 2016-12-31 04981336 d:PlantMachinery 2016-01-01 2016-12-31 04981336 d:PlantMachinery 2016-12-31 04981336 d:PlantMachinery 2015-12-31 04981336 d:PlantMachinery d:OwnedOrFreeholdAssets 2016-01-01 2016-12-31 04981336 d:OwnedOrFreeholdAssets 2016-01-01 2016-12-31 04981336 d:Goodwill 2016-01-01 2016-12-31 04981336 d:Goodwill 2016-12-31 04981336 d:Goodwill 2015-12-31 04981336 d:CurrentFinancialInstruments d:WithinOneYear 2016-12-31 04981336 d:CurrentFinancialInstruments d:WithinOneYear 2015-12-31 04981336 d:Non-currentFinancialInstruments d:AfterOneYear 2016-12-31 04981336 d:Non-currentFinancialInstruments d:AfterOneYear 2015-12-31 04981336 d:ShareCapital 2016-12-31 04981336 d:ShareCapital 2015-12-31 04981336 d:RetainedEarningsAccumulatedLosses 2016-12-31 04981336 d:RetainedEarningsAccumulatedLosses 2015-12-31 04981336 c:OrdinaryShareClass2 2016-01-01 2016-12-31 04981336 c:OrdinaryShareClass2 2016-12-31 04981336 c:OrdinaryShareClass3 2016-01-01 2016-12-31 04981336 c:OrdinaryShareClass3 2016-12-31 04981336 c:FRS102 2016-01-01 2016-12-31 04981336 c:AuditExempt-NoAccountantsReport 2016-01-01 2016-12-31 04981336 c:FullAccounts 2016-01-01 2016-12-31 04981336 c:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04981336

RAJ SUDDHI LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 December 2016

RAJ SUDDHI LIMITED

REGISTERED NUMBER: 04981336

BALANCE SHEET

AS AT 31 DECEMBER 2016

		2016		2015
Note		£		£

Fixed assets
Intangible assets	2		-		70,960
Tangible assets	3		305,043		314,752
Investments			43,155		43,155
			348,198		428,867
Current assets
Stocks		35,594		38,033
Debtors		110,618		115,759
Cash at bank and in hand		389,690		329,519
		535,902		483,311
Creditors: amounts falling due within one year		(193,831)		(194,452)
Net current assets			342,071		288,859
Total assets less current liabilities			690,269		717,726
Creditors: amounts falling due after more than one year			(100,317)		(118,036)
Provisions for liabilities
Deferred tax		(2,394)		-
			(2,394)		-
Net assets			587,558		599,690

Capital and reserves
Called up share capital	100	100
Profit and loss account	587,458	599,590
	587,558	599,690

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject

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RAJ SUDDHI LIMITED

REGISTERED NUMBER: 04981336

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2016

to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf. 8 May 2017.

................................................ Mr R Suddhi	................................................ Mrs B K Suddhi
Director	Director

The notes on pages 3 to 7 form part of these financial statements.

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RAJ SUDDHI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

1.Accounting policies

1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company accounting policies.

The following principal accounting policies have been applied:

1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

·the Company has transferred the significant risks and rewards of ownership to the buyer;

·the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

·the amount of revenue can be measured reliably;

·it is probable that the Company will receive the consideration due under the transaction; and

·the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

·the amount of revenue can be measured reliably;

·it is probable that the Company will receive the consideration due under the contract;

·the stage of completion of the contract at the end of the reporting period can be measured reliably; and

·the costs incurred and the costs to complete the contract can be measured reliably.

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RAJ SUDDHI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

1.Accounting policies (continued)

1.3

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

1.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives .

Depreciation is provided on the following basis:

				Freehold property	-	2%	Straight line
				Plant & machinery	-	25%	Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

1.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each Balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

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RAJ SUDDHI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

1.Accounting policies (continued)

1.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted averagebasis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

1.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

1.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance sheet date, except that:

·The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

·Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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RAJ SUDDHI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

2.	Intangible assets

		Goodwill
		£
	Cost
	At 1 January 2016	157,685
	At 31 December 2016	157,685
	Amortisation
	At 1 January 2016	86,725
	Charge for the year	70,960
	At 31 December 2016	157,685
	Net book value
	At 31 December 2016	-
	At 31 December 2015	70,960

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RAJ SUDDHI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

3.	Tangible fixed assets

	Freehold property	Plant & machinery	Total
	£	£	£
Cost or valuation
At 1 January 2016	352,081	94,143	446,224
Additions	-	1,826	1,826
At 31 December 2016	352,081	95,969	448,050
Depreciation
At 1 January 2016	53,477	77,996	131,473
Charge for the period on owned assets	7,041	4,493	11,534
At 31 December 2016	60,518	82,489	143,007
Net book value
At 31 December 2016	291,563	13,480	305,043
At 31 December 2015	298,604	16,147	314,751

Allotted, called up and fully paid

60 Ordinary A shares of £1 each	60	60
40 Ordinary B shares of £1 each	40	40

	100	100

5.	Controlling party

The company was under the control of Mr R Suddhi (60% share) and Mrs B Suddhi (40% share) by virtue of the fact that they own 100% of the issued share capital.

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