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
RARE BUSINESS LIMITED
Company Information
for the year ended 31 December 2022
Company Number
7473775 (England and Wales)
Registered Office
9A LINKS GARDENS
BASEMENT FLAT
EDINBURGH
EH6 7JH
RARE BUSINESS LIMITED
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
92,534
38,064
Creditors: amounts falling due within one year
(61,115)
(48,364)
Net current assets
41,504
2,550
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
RARE BUSINESS LIMITED
Notes to the Accounts
for the year ended 31 December 2022
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
Taxes and social security
18,662
27,357
Deferred income
32,000
13,200
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).