Company Registration No. 01809968 (England and Wales)
Ratecedar Limited
Unaudited accounts
for the year ended 30 April 2023
Ratecedar Limited
Unaudited accounts
Contents
Ratecedar Limited
Company Information
for the year ended 30 April 2023
Directors
Mr P Millard
Mr A P Monk
Company Number
01809968 (England and Wales)
Registered Office
Greenfields
Cox Park
Latchley
Gunnislake
PL18 9BB
Accountants
Blackwell Bate Ltd
Brunel Court
122 Fore Street
Saltash
Cornwall
PL12 6JW
Ratecedar Limited
Statement of financial position
as at 30 April 2023
Intangible assets
105,302
105,302
Tangible assets
10,092
3,195
Cash at bank and in hand
289,457
260,895
Creditors: amounts falling due within one year
(63,724)
(31,376)
Net current assets
280,803
231,899
Total assets less current liabilities
396,197
340,396
Provisions for liabilities
Net assets
394,421
340,396
Called up share capital
102
102
Profit and loss account
394,319
340,294
Shareholders' funds
394,421
340,396
For the year ending 30 April 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
Mr P Millard
Director
Company Registration No. 01809968
Ratecedar Limited
Notes to the Accounts
for the year ended 30 April 2023
Ratecedar Limited is a private company, limited by shares, registered in England and Wales, registration number 01809968. The registered office is Greenfields, Cox Park, Latchley, Gunnislake, PL18 9BB.
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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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Reducing Balance
Computer equipment
33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Ratecedar Limited
Notes to the Accounts
for the year ended 30 April 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
3,295
-
8,839
12,134
Additions
487
8,116
988
9,591
At 30 April 2023
3,782
8,116
9,827
21,725
At 1 May 2022
978
-
7,961
8,939
Charge for the year
863
1,184
647
2,694
At 30 April 2023
1,841
1,184
8,608
11,633
At 30 April 2023
1,941
6,932
1,219
10,092
At 30 April 2022
2,317
-
878
3,195
Amounts falling due within one year
Other debtors
55,070
2,295
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
31,765
27,614
Other creditors
31,959
3,762
8
Average number of employees
During the year the average number of employees was 14 (2022: 15).