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Company Registration No. 01809968 (England and Wales)
Ratecedar Limited Unaudited accounts for the year ended 30 April 2023
Ratecedar Limited Unaudited accounts Contents
Page
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Ratecedar Limited Company Information for the year ended 30 April 2023
Directors
Mr P Millard Mr A P Monk
Secretary
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
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Ratecedar Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
105,302 
105,302 
Tangible assets
10,092 
3,195 
115,394 
108,497 
Current assets
Debtors
55,070 
2,380 
Cash at bank and in hand
289,457 
260,895 
344,527 
263,275 
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
Deferred tax
(1,776)
- 
Net assets
394,421 
340,396 
Capital and reserves
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
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Ratecedar Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
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.
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.
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2022
105,302 
At 30 April 2023
105,302 
Amortisation
At 1 May 2022
- 
At 30 April 2023
- 
Net book value
At 30 April 2023
105,302 
At 30 April 2022
105,302 
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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 
Depreciation
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 
Net book value
At 30 April 2023
1,941 
6,932 
1,219 
10,092 
At 30 April 2022
2,317 
- 
878 
3,195 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Deferred tax asset
85 
Other debtors
55,070 
2,295 
55,070 
2,380 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
31,765 
27,614 
Other creditors
31,959 
3,762 
63,724 
31,376 
8
Average number of employees
During the year the average number of employees was 14 (2022: 15).
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