Company Registration No. 00299284 (England and Wales)
THE RAINBOW STORES GROUP LTD
Unaudited accounts
for the year ended 30 June 2023
THE RAINBOW STORES GROUP LTD
Unaudited accounts
Contents
THE RAINBOW STORES GROUP LTD
Company Information
for the year ended 30 June 2023
Company Number
00299284 (England and Wales)
Registered Office
112 QUEENSTOWN ROAD
LONDON
SW8 3RZ
Accountants
DAVID & BROWN LTD
10 2 Mahindra way
Beckton
London
E6 5AP
THE RAINBOW STORES GROUP LTD
Statement of financial position
as at 30 June 2023
Tangible assets
1,273
89,681
Cash at bank and in hand
21,642
2,236
Creditors: amounts falling due within one year
(24,396)
(24,480)
Net current assets/(liabilities)
1,886
(17,989)
Called up share capital
92,969
92,969
Profit and loss account
(89,810)
(21,277)
Shareholders' funds
3,159
71,692
For the year ending 30 June 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 28 March 2024 and were signed on its behalf by
Jaime Jean BAKER
Director
Company Registration No. 00299284
THE RAINBOW STORES GROUP LTD
Notes to the Accounts
for the year ended 30 June 2023
THE RAINBOW STORES GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 00299284. The registered office is 112 QUEENSTOWN ROAD, LONDON, SW8 3RZ.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2022
88,642
7,563
1,648
2,109
99,962
Additions
-
824
583
-
1,407
Disposals
(88,642)
-
-
-
(88,642)
At 30 June 2023
-
8,387
2,231
2,109
12,727
At 1 July 2022
-
7,563
1,146
1,572
10,281
Charge for the year
-
517
433
223
1,173
At 30 June 2023
-
8,080
1,579
1,795
11,454
At 30 June 2023
-
307
652
314
1,273
At 30 June 2022
88,642
-
502
537
89,681
THE RAINBOW STORES GROUP LTD
Notes to the Accounts
for the year ended 30 June 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
136
Proposed dividends
20,000
20,000
Loans from directors
4,046
3,994
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Average number of employees
During the year the average number of employees was 1 (2022: 1).