Rai & Rai (International) Limited - Period Ending 2018-06-30

Rai & Rai (International) Limited - Period Ending 2018-06-30


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Registration number: 02232852

Rai & Rai (International) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2018

Allen Rose
Chartered Certified Accountants
PA068 Technology Centre
Wolverhampton Science Park
Glaisher Drive
Wolverhampton
West Midlands
WV10 9RU

 

Rai & Rai (International) Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Financial Statements

3

 

Rai & Rai (International) Limited

Company Information

Director

B S Singhani

Registered office

14 Buttress Way
Smethwick
Warley
West Midlands
B66 3DL

Accountants

Allen Rose
Chartered Certified Accountants
PA068 Technology Centre
Wolverhampton Science Park
Glaisher Drive
Wolverhampton
West Midlands
WV10 9RU

 

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Rai & Rai (International) Limited
for the Year Ended 30 June 2018

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Rai & Rai (International) Limited for the year ended 30 June 2018 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm 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/gb/en/discover/public-value/rulebook.html.

This report is made solely to the Board of Directors of Rai & Rai (International) Limited, as a body, in accordance with the terms of our engagement letter. 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 Board of Directors of Rai & Rai (International) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rai & Rai (International) Limited and its Board of Directors 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 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 statutory accounts.

......................................

Allen Rose
Chartered Certified Accountants
PA068 Technology Centre
Wolverhampton Science Park
Glaisher Drive
Wolverhampton
West Midlands
WV10 9RU

24 September 2018

 

Rai & Rai (International) Limited

(Registration number: 02232852)
Balance Sheet as at 30 June 2018

Note

2018
£

2017
£

Fixed assets

 

9,392

12,690

Current assets

 

37,337

30,796

Prepayments and accrued income

 

774

927

Creditors: Amounts falling due within one year

 

34,165

29,158

Net current assets

 

3,946

2,565

Total assets less current liabilities

 

13,338

15,255

Accruals and deferred income

 

675

900

   

12,663

14,355

Capital and reserves

 

12,663

14,355

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
14 Buttress Way
Smethwick
Warley
West Midlands
B66 3DL

These financial statements were authorised for issue by the director on 24 September 2018.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2017 - 2).

 

Rai & Rai (International) Limited

(Registration number: 02232852)
Balance Sheet as at 30 June 2018 (continued)

For the financial year ending 30 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 24 September 2018
 

.........................................

B S Singhani
Director