8RCC LIMITED

Company Registration Number:
14903157 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 30 May 2023

End date: 31 December 2023

8RCC LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Ian Robert WOODALL
Registered office: 8 Royal Crescent Court
Royal Crescent
Bridlington
England
YO15 2PF
Company Registration Number: 14903157 (England and Wales)

8RCC LIMITED

Directors' Report Period Ended 31 December 2023

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

Principal Activities

Home baking business for sales by order and from market stall.

Political and charitable donations

There were no political donations during the period. Charitable donations during the period were GBP7.57.

Company policy on the employment of disabled persons

The company does not have any policies relating to disabled employees as the company does not have any employees aside from the company director. Policies will be put into place prior to non-related employees being employed.

Additional information

N/A

Directors

The director(s) shown below were appointed to the company during the period
Ian Robert WOODALL
30 May 2023

This report was approved by the board of directors on 31 January 2024
And Signed On Behalf Of The Board By:

Name: Ian Robert WOODALL
Status: Director

8RCC LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes
7 months to
31 Dec 2023
£
Turnover 4,262
Cost of sales ( 4,417 )
Gross Profit or (Loss) ( 155 )
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 0 )
Administrative Expenses ( 3,055 )
Other operating income 0
Operating Profit or (Loss) ( 3,210 )
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax 4 ( 3,210 )
Profit or (Loss) for Period ( 3,210 )

The notes form part of these financial statements

8RCC LIMITED

Balance sheet

As at 31 December 2023


Notes
7 months to
31 Dec 2023
£
Fixed assets
Tangible assets: 6 682
Total fixed assets: 682
Current assets
Stocks: 95
Debtors: 7 0
Cash at bank and in hand: 125
Total current assets: 220
Net current assets (liabilities): 220
Total assets less current liabilities: 902
Provision for liabilities: ( 2,380 )
Accruals and deferred income: ( 125 )
Total net assets (liabilities): ( 1,603 )

The notes form part of these financial statements

8RCC LIMITED

Balance sheet continued

As at 31 December 2023


Notes
7 months to
31 Dec 2023
£
Capital and reserves
Called up share capital: 1,263
Revaluation reserve: 8 344
Profit and loss account: ( 3,210 )
Shareholders funds: ( 1,603 )

For the year ending 31 December 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 31 January 2024
And Signed On Behalf Of The Board By:

Name: Ian Robert WOODALL
Status: Director

The notes form part of these financial statements

8RCC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

    Turnover policy

    This represents the total of all sales and income recorded by the Company.

    Tangible fixed assets depreciation policy

    Assets relating to Plant, Equipment and all others (excluding Property or Land) is depreciated at 50% per year due to the high wear and tear of these items.

    Other accounting policies

    Accounting data is suplied via the Company's Zoho Books and Zoho Inventory software.

8RCC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    7 months to
    31 Dec 2023
    Average number of employees during the period 1

    The one employee is both the Director of the Company and the sole employee responsible for the activities of the Company.

8RCC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

8RCC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4.Profit or (Loss) before tax

Significant expenditure was incurred establishing the business and building an initial client base. These will not be incurred in future years, so the profitability of the company should grow in future periods.

8RCC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Dividends

7 months to
31 Dec 2023
£
Dividends paid 0

No dividends were paid or incurred during the period. It is unlikely that dividend will be paid in the 2024 period. Dividends are only paid from surplus funds over and above the total operating costs and expenses.

8RCC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Tangible assets

Fixtures & fittings Total
Cost £ £
Additions 1,363 1,363
Disposals ( 135 ) ( 135 )
Revaluations - -
Transfers - -
At 31 December 2023 1,228 1,228
Depreciation
Charge for year 546 546
On disposals - -
Other adjustments - -
At 31 December 2023 546 546
Net book value
At 31 December 2023 682 682

8RCC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Debtors

7 months to
31 Dec 2023
£
Trade debtors 0
Prepayments and accrued income 0
Other debtors 0
Total 0

Long Term Liability to Director of GBP2,380.34. This is planned to be repaid in the 2024 Financial Year

8RCC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Revaluation reserve

7 months to
31 Dec 2023
£
Surplus or deficit after revaluation 344
Balance at 31 December 2023 344

Opening Balance Offset of GBP344.53

8RCC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

9.1. Loans to Directors

Name of director receiving advance or credit: Ian Robert WOODALL
Description of the transaction:
No loans from the Company to the Director were recorded during the period.
Advances or credits made: 0
Advances or credits repaid: 0
Balance at 31 December 2023 0