THOMAS RAINSFORD LIMITED

Company Registration Number:
10271133 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

THOMAS RAINSFORD LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

THOMAS RAINSFORD LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Thomas Rainsford
Gillian Adamson
Registered office: 8
Arundel Mews
Arundel Place
Brighton
England
BN2 1GG
Company Registration Number: 10271133 (England and Wales)

THOMAS RAINSFORD LIMITED

Directors' Report Period Ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal Activities

Picture Framing

Directors

The directors shown below have held office during the whole of the period from 01 August 2022 to 31 July 2023
Thomas Rainsford
Gillian Adamson

This report was approved by the board of directors on 20 November 2023
And Signed On Behalf Of The Board By:

Name: Thomas Rainsford
Status: Director

THOMAS RAINSFORD LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 5,480 7,307
Total fixed assets: 5,480 7,307
Current assets
Stocks: 215 523
Debtors: 6 39,280 19,161
Cash at bank and in hand: 2,860 5,561
Total current assets: 42,355 25,245
Creditors: amounts falling due within one year: 7 ( 31,857 ) ( 15,694 )
Net current assets (liabilities): 10,498 9,551
Total assets less current liabilities: 15,978 16,858
Creditors: amounts falling due after more than one year: 8 ( 13,837 ) ( 15,183 )
Total net assets (liabilities): 2,141 1,675

The notes form part of these financial statements

THOMAS RAINSFORD LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,041 1,575
Shareholders funds: 2,141 1,675

For the year ending 31 July 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 November 2023
And Signed On Behalf Of The Board By:

Name: Thomas Rainsford
Status: Director

The notes form part of these financial statements

THOMAS RAINSFORD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THOMAS RAINSFORD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 3

THOMAS RAINSFORD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

THOMAS RAINSFORD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Dividends


2023
£

2022
£
Dividends paid 28,000 20,000

THOMAS RAINSFORD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 August 2022 1,199 3,051 3,057 7,307
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 July 2023 1,199 3,051 3,057 7,307
Depreciation
At 01 August 2022 - - - -
Charge for year 317 746 764 1,827
On disposals - - - -
Other adjustments - - - -
At 31 July 2023 317 746 764 1,827
Net book value
At 31 July 2023 882 2,305 2,293 5,480
At 31 July 2022 1,199 3,051 3,057 7,307

THOMAS RAINSFORD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Debtors


2023
£

2022
£
Trade debtors 23,485 10,778
Other debtors 15,795 8,383
Total 39,280 19,161

THOMAS RAINSFORD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 8,125 4,411
Taxation and social security 23,732 11,283
Total 31,857 15,694

THOMAS RAINSFORD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 13,837 15,183
Total 13,837 15,183

Bounce Back Loan