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REGISTERED NUMBER: 11474047 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2023

FOR

ABSOLUTE RACKING INSPECTIONS LIMITED

ABSOLUTE RACKING INSPECTIONS LIMITED (BY SHARES) (REGISTERED NUMBER: 11474047)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3


ABSOLUTE RACKING INSPECTIONS LIMITED (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2023







DIRECTORS: S Parker
Mrs C L Parker





REGISTERED OFFICE: 661 High Street
Kingswinford
West Midlands
DY6 8AL





REGISTERED NUMBER: 11474047 (England and Wales)





ACCOUNTANTS: French Ludlam & Co Limited
Mountfield House
661 High Street
Kingswinford
West Midlands
DY6 8AL

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ABSOLUTE RACKING INSPECTIONS LIMITED (BY SHARES)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Absolute Racking Inspections Limited for the year ended 31st July 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Absolute Racking Inspections Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Absolute Racking Inspections Limited and state those matters that we have agreed to state to the Board of Directors of Absolute Racking Inspections Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Absolute Racking Inspections Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Absolute Racking Inspections Limited. You consider that Absolute Racking Inspections Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Absolute Racking Inspections Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






French Ludlam & Co Limited
Mountfield House
661 High Street
Kingswinford
West Midlands
DY6 8AL


8th March 2024

ABSOLUTE RACKING INSPECTIONS LIMITED (BY SHARES) (REGISTERED NUMBER: 11474047)

BALANCE SHEET
31ST JULY 2023

2023 2022
£ £ £ £
FIXED ASSETS 3,334 14,337

CURRENT ASSETS 48,820 32,091

CREDITORS
Amounts falling due within one year (37,988 ) (26,318 )
NET CURRENT ASSETS 10,832 5,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,166

20,110

CREDITORS
Amounts falling due after more than one
year

12,771

18,728
NET ASSETS 1,395 1,382

CAPITAL AND RESERVES 1,395 1,382

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 2 ) .

2. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st July 2023 and 31st July 2022:

2023 2022
£ £
S Parker
Balance outstanding at start of year 7,156 1,798
Amounts advanced - 5,358
Amounts repaid (136 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,020 7,156

Mrs C L Parker
Balance outstanding at start of year 1,600 -
Amounts advanced 5,420 1,600
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,020 1,600

The loan is repayable on demand and complies with the beneficial loan interest requirements.


ABSOLUTE RACKING INSPECTIONS LIMITED (BY SHARES) (REGISTERED NUMBER: 11474047)

BALANCE SHEET - continued
31ST JULY 2023



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 8th March 2024 and were signed on its behalf by:





S Parker - Director