RAINMAKER SOLUTIONS LIMITED

Company Registration Number:
07408622 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

RAINMAKER SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

RAINMAKER SOLUTIONS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 20,650 27,937
Total fixed assets: 20,650 27,937
Current assets
Debtors:   761,361 1,551,349
Cash at bank and in hand: 198,981 245,621
Total current assets: 960,342 1,796,970
Creditors: amounts falling due within one year:   (580,101) (1,003,010)
Net current assets (liabilities): 380,241 793,960
Total assets less current liabilities: 400,891 821,897
Total net assets (liabilities): 400,891 821,897
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 400,591 821,597
Shareholders funds: 400,891 821,897

The notes form part of these financial statements

RAINMAKER SOLUTIONS LIMITED

Balance sheet statements

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 August 2023
and signed on behalf of the board by:

Name: Jan Joubert
Status: Director

The notes form part of these financial statements

RAINMAKER SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RAINMAKER SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 12 25

RAINMAKER SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 56,504
Additions 2,458
At 31 March 2023 58,962
Depreciation
At 01 April 2022 28,567
Charge for year 9,745
At 31 March 2023 38,312
Net book value
At 31 March 2023 20,650
At 31 March 2022 27,937

RAINMAKER SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Related party transactions

Name of the related party:
Relationship:
Directors & Connected Company
Description of the Transaction: Included within other debtors is a loan made to a director of the company of £62,500 (2022 - £62,500),with interest accrued of £4,856 (2022 - £3,293). Interest on the loan is calculated at 2.5% per annum.There were no amounts repaid, written off or waived during the year. £380 was charged to the directorsloan account. All amounts borrowed by directors are repayable to the company on demand. The amountowed from the director to the company was £67,737 as at 31 March 2023 (2022 - £65,793).During the year, the company received loan repayments from a connected company totalling £12,000(2022: £36,627). As at 31 March 2023 the balance owed to the company from the connected company was £20,284 (2022:£38,175 owed from the connected company)
£
Balance at 01 April 2022 103,968
Balance at 31 March 2023 88,021