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REGISTERED NUMBER: 12264896 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

RUSHPOOL VENUES LIMITED

RUSHPOOL VENUES LIMITED (Registered number: 12264896)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RUSHPOOL VENUES LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTORS: S Guy
S A Gilchrist





SECRETARY: S Guy





REGISTERED OFFICE: Fairway House
Portland Road
East Grinstead
West Sussex
RH19 4ET





REGISTERED NUMBER: 12264896 (England and Wales)





ACCOUNTANTS: Bentleys Accounting Limited
Suite 6, 141/143 South Road
Haywards Heath
West Sussex
RH16 4LY

RUSHPOOL VENUES LIMITED (Registered number: 12264896)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 128,469 108,758

CURRENT ASSETS
Debtors 5 456,623 -
Cash at bank 91,341 216,656
547,964 216,656
CREDITORS
Amounts falling due within one year 6 250,029 120,082
NET CURRENT ASSETS 297,935 96,574
TOTAL ASSETS LESS CURRENT
LIABILITIES

426,404

205,332

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 426,304 205,232
SHAREHOLDERS' FUNDS 426,404 205,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2023 and were signed on its behalf by:





S A Gilchrist - Director


RUSHPOOL VENUES LIMITED (Registered number: 12264896)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

RUSHPOOL VENUES LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - not provided
Plant and machinery - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2022 - 32 ) .

RUSHPOOL VENUES LIMITED (Registered number: 12264896)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2022 95,600 17,544 113,144
Additions 18,424 6,102 24,526
At 31 March 2023 114,024 23,646 137,670
DEPRECIATION
At 1 April 2022 - 4,386 4,386
Charge for year - 4,815 4,815
At 31 March 2023 - 9,201 9,201
NET BOOK VALUE
At 31 March 2023 114,024 14,445 128,469
At 31 March 2022 95,600 13,158 108,758

5. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Prepayments 5,487 -

Amounts falling due after more than one year:
Amounts owed by participating interests 451,136 -

Aggregate amounts 456,623 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 65,722 17,486
Tax 24,320 48,475
VAT 141,701 46,513
Other creditors 15,813 4,108
Accrued expenses 2,473 3,500
250,029 120,082

7. RELATED PARTY DISCLOSURES

LOANS TO ASSOCIATED COMPANIES

During the year the company made various loans to and from various associated companies, These are shown within the Financial Statements as 'Amounts owed to and from participating interests'

During the Year Management Charges are charged from associated companies on a commercial basis.

RUSHPOOL VENUES LIMITED (Registered number: 12264896)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Party is 'Gilchrist Holdings Ltd' company number 14268557.