Company Registration No. 09392687 (England and Wales)
C Rackett Ltd
Unaudited accounts
for the year ended 31 January 2024
C Rackett Ltd
Unaudited accounts
Contents
C Rackett Ltd
Company Information
for the year ended 31 January 2024
Director
Christopher Rackett
Company Number
09392687 (England and Wales)
Registered Office
20 Lake Common
Sandown
Isle of Wight
PO36 9HP
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
C Rackett Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
12,455
15,635
Cash at bank and in hand
403
1,245
Creditors: amounts falling due within one year
(12,613)
(20,002)
Net current liabilities
(12,210)
(15,424)
Called up share capital
1
1
Profit and loss account
244
210
Shareholders' funds
245
211
For the year ending 31 January 2024 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 5 March 2024 and were signed on its behalf by
Christopher Rackett
Director
Company Registration No. 09392687
C Rackett Ltd
Notes to the Accounts
for the year ended 31 January 2024
C Rackett Ltd is a private company, limited by shares, registered in England and Wales, registration number 09392687. The registered office is 20 Lake Common, Sandown, Isle of Wight, PO36 9HP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Amounts falling due after more than one year
Accrued income and prepayments
-
3,333
C Rackett Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,445
5,902
Loans from directors
6,685
13,617
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).