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Company Registration No. 07438086 (England and Wales)
Rhino Associates Limited Unaudited accounts for the year ended 31 March 2023
Rhino Associates Limited Unaudited accounts Contents
Page
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Rhino Associates Limited Company Information for the year ended 31 March 2023
Director
Neil Alexander Hinds
Company Number
07438086 (England and Wales)
Registered Office
Salisbury House London Wall London EC2M 5PS England
Accountants
Fox Accountancy Limited 88 Corbets Tey Road Upminster Essex RM14 2BA
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Rhino Associates Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,891 
3,781 
Current assets
Debtors
151,883 
128,975 
Cash at bank and in hand
82,370 
85,766 
234,253 
214,741 
Creditors: amounts falling due within one year
(6,291)
(6,856)
Net current assets
227,962 
207,885 
Net assets
229,853 
211,666 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
229,852 
211,665 
Shareholders' funds
229,853 
211,666 
For the year ending 31 March 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 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 1 September 2023 and were signed on its behalf by
Neil Alexander Hinds Director Company Registration No. 07438086
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Rhino Associates Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Rhino Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 07438086. The registered office is Salisbury House, London Wall, London, EC2M 5PS, England.
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.
Presentation currency
The accounts are presented in £ sterling.
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 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:
Fixtures & fittings
4 years straight line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2022
7,561 
At 31 March 2023
7,561 
Depreciation
At 1 April 2022
3,780 
Charge for the year
1,890 
At 31 March 2023
5,670 
Net book value
At 31 March 2023
1,891 
At 31 March 2022
3,781 
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Rhino Associates Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,000 
- 
Accrued income and prepayments
6,883 
3,975 
Other debtors
135,000 
125,000 
151,883 
128,975 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,488 
2,610 
Taxes and social security
4,803 
4,246 
6,291 
6,856 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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