RAINTON OF ASHBY LIMITED

Company Registration Number:
00497381 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

RAINTON OF ASHBY LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

RAINTON OF ASHBY LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 1 1
Tangible assets: 4 332,996 274,230
Investments:   0 0
Total fixed assets: 332,997 274,231
Current assets
Stocks: 56,750 54,000
Debtors:   23,667 23,667
Cash at bank and in hand: 212,465 156,155
Investments:   0 0
Total current assets: 292,882 233,822
Creditors: amounts falling due within one year:   (136,595) (79,885)
Net current assets (liabilities): 156,287 153,937
Total assets less current liabilities: 489,284 428,168
Creditors: amounts falling due after more than one year:   (61,235) (77,787)
Provision for liabilities: (15,279) (15,279)
Total net assets (liabilities): 412,770 335,102
Capital and reserves
Called up share capital: 400 400
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 412,370 334,702
Shareholders funds: 412,770 335,102

The notes form part of these financial statements

RAINTON OF ASHBY LIMITED

Balance sheet statements

For the year ending 31 July 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 24 April 2024
and signed on behalf of the board by:

Name: Gary Carnaby
Status: Director

The notes form part of these financial statements

RAINTON OF ASHBY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade diuscounts

Tangible fixed assets and depreciation policy

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 25% on reducing balanceMotor vehicles 25% on reducing balanceFixtures & fittings1 5% on reducing balanceComputer equipment 33% on cost

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items. Cost includes all direct expenditure and overheads

RAINTON OF ASHBY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 10 7

RAINTON OF ASHBY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Intangible Assets

Total
Cost £
At 01 August 2022 1
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 July 2023 1
Amortisation
At 01 August 2022 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 July 2023 0
Net book value
At 31 July 2023 1
At 31 July 2022 1

RAINTON OF ASHBY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible Assets

Total
Cost £
At 01 August 2022 396,714
Additions 83,846
Disposals 0
Revaluations 0
Transfers 0
At 31 July 2023 480,560
Depreciation
At 01 August 2022 122,484
Charge for year 25,080
On disposals 0
Other adjustments 0
At 31 July 2023 147,564
Net book value
At 31 July 2023 332,996
At 31 July 2022 274,230