IRIS Accounts Production v23.3.0.418 01542323 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh015423232022-03-31015423232023-03-31015423232022-04-012023-03-31015423232021-03-31015423232021-04-012022-03-31015423232022-03-3101542323ns10:Originalns15:EnglandWales2022-04-012023-03-3101542323ns14:PoundSterlingns10:Original2022-04-012023-03-3101542323ns10:Originalns10:Director12022-04-012023-03-3101542323ns10:Original2022-04-012023-03-3101542323ns10:Original2023-03-3101542323ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3101542323ns10:Originalns10:SmallEntities2022-04-012023-03-3101542323ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3101542323ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3101542323ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3101542323ns10:Originalns10:FullAccounts2022-04-012023-03-3101542323ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3101542323ns10:Originalns10:Director22022-04-012023-03-3101542323ns10:CompanySecretary1ns10:Original2022-04-012023-03-3101542323ns10:Originalns10:RegisteredOffice2022-04-012023-03-3101542323ns10:Original2022-03-3101542323ns10:Originalns5:CurrentFinancialInstruments2023-03-3101542323ns10:Originalns5:CurrentFinancialInstruments2022-03-3101542323ns10:Originalns5:Non-currentFinancialInstruments2023-03-3101542323ns10:Originalns5:Non-currentFinancialInstruments2022-03-3101542323ns5:ShareCapitalns10:Original2023-03-3101542323ns5:ShareCapitalns10:Original2022-03-3101542323ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3101542323ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3101542323ns10:Originalns5:PlantMachinery2022-04-012023-03-3101542323ns10:Originalns5:FurnitureFittings2022-04-012023-03-3101542323ns10:Originalns5:MotorVehicles2022-04-012023-03-3101542323ns10:Originalns5:ComputerEquipment2022-04-012023-03-3101542323ns10:Original2021-04-012022-03-3101542323ns10:Originalns5:PlantMachinery2022-03-3101542323ns10:Originalns5:FurnitureFittings2022-03-3101542323ns10:Originalns5:MotorVehicles2022-03-3101542323ns10:Originalns5:ComputerEquipment2022-03-3101542323ns10:Original2022-03-3101542323ns10:Originalns5:PlantMachinery2023-03-3101542323ns10:Originalns5:FurnitureFittings2023-03-3101542323ns10:Originalns5:MotorVehicles2023-03-3101542323ns10:Originalns5:ComputerEquipment2023-03-3101542323ns10:Originalns5:PlantMachinery2022-03-3101542323ns10:Originalns5:FurnitureFittings2022-03-3101542323ns10:Originalns5:MotorVehicles2022-03-3101542323ns10:Originalns5:ComputerEquipment2022-03-3101542323ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3101542323ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3101542323ns10:Originalns10:OrdinaryShareClass12023-03-3101542323ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3101542323ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 01542323 (England and Wales)















Rabgrange Developments Limited

Unaudited Financial Statements

for the Year Ended 31 March 2023






Rabgrange Developments Limited (Registered number: 01542323)

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


Rabgrange Developments Limited

Company Information
for the year ended 31 March 2023







Directors: N Baldwinson
J Baldwinson





Secretary: P Baldwinson





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 01542323 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Rabgrange Developments Limited (Registered number: 01542323)

Balance Sheet
31 March 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 5,875 1,411

Current assets
Stocks 23,000 10,000
Debtors 5 14,156 52,138
Cash at bank - 9,276
37,156 71,414
Creditors
Amounts falling due within one year 6 18,596 20,820
Net current assets 18,560 50,594
Total assets less current liabilities 24,435 52,005

Creditors
Amounts falling due after more than one
year

7

23,274

31,365
Net assets 1,161 20,640

Capital and reserves
Called up share capital 8 2 2
Retained earnings 9 1,159 20,638
Shareholders' funds 1,161 20,640

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 21 November 2023 and were signed on its behalf by:





J Baldwinson - Director


Rabgrange Developments Limited (Registered number: 01542323)

Notes to the Financial Statements
for the year ended 31 March 2023


1. Statutory information

Rabgrange Developments 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.

Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

Rabgrange Developments Limited (Registered number: 01542323)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


4. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
Cost
At 1 April 2022 2,523 5,956 25,440 2,664 36,583
Additions - - 6,495 - 6,495
At 31 March 2023 2,523 5,956 31,935 2,664 43,078
Depreciation
At 1 April 2022 2,502 5,668 24,679 2,323 35,172
Charge for year 3 43 1,814 171 2,031
At 31 March 2023 2,505 5,711 26,493 2,494 37,203
Net book value
At 31 March 2023 18 245 5,442 170 5,875
At 31 March 2022 21 288 761 341 1,411

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors - 5,400
Other debtors 14,156 46,738
14,156 52,138

6. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 11,274 10,648
Trade creditors 1,686 -
Taxation and social security - 6,610
Other creditors 5,636 3,562
18,596 20,820

7. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans 23,274 31,365

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
2 Ordinary shares £1 2 2

Rabgrange Developments Limited (Registered number: 01542323)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


9. Reserves
Retained
earnings
£

At 1 April 2022 20,638
Deficit for the year (11,479 )
Dividends (8,000 )
At 31 March 2023 1,159

10. Related party disclosures

During the year, total dividends of £8,000 were paid to the directors .

Included in other debtors is an amount of £12,720 (2022: £12,720) owed by a company under common control.