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Company No: 12712819 (England and Wales)

RAYBACKHUVUD LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2023
Pages for filing with the registrar

RAYBACKHUVUD LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2023

Contents

RAYBACKHUVUD LIMITED

COMPANY INFORMATION

For the financial year ended 31 July 2023
RAYBACKHUVUD LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 July 2023
DIRECTOR Mr F R Martin
REGISTERED OFFICE Centenary House Peninsula Park
Rydon Lane
Exeter
EX2 7XE
United Kingdom
COMPANY NUMBER 12712819 (England and Wales)
ACCOUNTANT Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
EX2 7XE
RAYBACKHUVUD LIMITED

BALANCE SHEET

As at 31 July 2023
RAYBACKHUVUD LIMITED

BALANCE SHEET (continued)

As at 31 July 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 67,141 50,700
67,141 50,700
Current assets
Debtors 4 8,246 60,226
Cash at bank and in hand 106,385 74,960
114,631 135,186
Creditors: amounts falling due within one year 5 ( 180,152) ( 179,414)
Net current liabilities (65,521) (44,228)
Total assets less current liabilities 1,620 6,472
Net assets 1,620 6,472
Capital and reserves
Called-up share capital 6 10,000 10,000
Profit and loss account ( 8,380 ) ( 3,528 )
Total shareholder's funds 1,620 6,472

For the financial year ending 31 July 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Raybackhuvud Limited (registered number: 12712819) were approved and authorised for issue by the Director on 04 April 2024. They were signed on its behalf by:

Mr F R Martin
Director
RAYBACKHUVUD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
RAYBACKHUVUD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Raybackhuvud Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Fixed asset investments

Listed investments Total
£ £
Carrying value before impairment
At 01 August 2022 50,700 50,700
Additions 37,350 37,350
Disposals ( 8,345) ( 8,345)
Movement in fair value ( 12,564) ( 12,564)
At 31 July 2023 67,141 67,141
Provisions for impairment
At 01 August 2022 0 0
At 31 July 2023 0 0
Carrying value at 31 July 2023 67,141 67,141
Carrying value at 31 July 2022 50,700 50,700

4. Debtors

2023 2022
£ £
Trade debtors 6,646 10,226
Other debtors 1,600 50,000
8,246 60,226

5. Creditors: amounts falling due within one year

2023 2022
£ £
Corporation tax 1,787 416
Other creditors 178,365 178,998
180,152 179,414

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
1,000,000 Ordinary shares of £ 0.01 each 10,000 10,000