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Company Registration No. 7473775 (England and Wales)
RARE BUSINESS LIMITED Unaudited accounts for the year ended 31 December 2022
RARE BUSINESS LIMITED Unaudited accounts Contents
Page
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RARE BUSINESS LIMITED Company Information for the year ended 31 December 2022
Director
Adrian Swinscoe
Company Number
7473775 (England and Wales)
Registered Office
9A LINKS GARDENS BASEMENT FLAT EDINBURGH EH6 7JH
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RARE BUSINESS LIMITED Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
2,080 
12,850 
Investments
8,005 
- 
Cash at bank and in hand
92,534 
38,064 
102,619 
50,914 
Creditors: amounts falling due within one year
(61,115)
(48,364)
Net current assets
41,504 
2,550 
Net assets
41,504 
2,550 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
41,404 
2,450 
Shareholders' funds
41,504 
2,550 
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 October 2023 and were signed on its behalf by
Adrian Swinscoe Director Company Registration No. 7473775
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RARE BUSINESS LIMITED Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
RARE BUSINESS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7473775. The registered office is 9A LINKS GARDENS, BASEMENT FLAT, EDINBURGH, EH6 7JH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
2,080 
12,850 
5
Investments held as current assets
2022 
2021 
£ 
£ 
Unlisted investments
8,005 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
4,104 
1,232 
Taxes and social security
18,662 
27,357 
Accruals
6,349 
6,575 
Deferred income
32,000 
13,200 
61,115 
48,364 
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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