IRIS Accounts Production v23.3.0.418 04398448 director 1.5.22 30.4.23 30.4.23 No description of principal activity 0 0 false true false false true true Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh043984482022-04-30043984482023-04-30043984482022-05-012023-04-30043984482021-04-30043984482021-05-012022-04-30043984482022-04-3004398448ns10:Originalns15:EnglandWales2022-05-012023-04-3004398448ns14:PoundSterlingns10:Original2022-05-012023-04-3004398448ns10:Originalns10:Director12022-05-012023-04-3004398448ns10:Original2022-05-012023-04-3004398448ns10:Original2023-04-3004398448ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3004398448ns10:Originalns10:SmallEntities2022-05-012023-04-3004398448ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3004398448ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3004398448ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3004398448ns10:Originalns10:FullAccounts2022-05-012023-04-3004398448ns10:Original2021-05-012022-04-3004398448ns10:Originalns10:EntityNoLongerTradingButTradedInPast2022-05-012023-04-3004398448ns10:Originalns10:OrdinaryShareClass12022-05-012023-04-3004398448ns10:CompanySecretary1ns10:Original2022-05-012023-04-3004398448ns10:Originalns10:RegisteredOffice2022-05-012023-04-3004398448ns10:Original2022-04-3004398448ns10:Originalns5:CurrentFinancialInstruments2023-04-3004398448ns10:Originalns5:CurrentFinancialInstruments2022-04-3004398448ns5:ShareCapitalns10:Original2023-04-3004398448ns5:ShareCapitalns10:Original2022-04-3004398448ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3004398448ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3004398448ns10:Originalns5:ComputerEquipment2022-05-012023-04-3004398448ns10:Originalns5:ComputerEquipment2022-04-3004398448ns10:Originalns5:ComputerEquipment2023-04-3004398448ns10:Originalns5:ComputerEquipment2022-04-3004398448ns10:Originalns10:OrdinaryShareClass12023-04-30
REGISTERED NUMBER: 04398448 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

RHINO DEVELOPMENTS LIMITED

RHINO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04398448)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RHINO DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTOR: G J Hinson





SECRETARY: Mrs S A Hinson





REGISTERED OFFICE: Watson Associates
30/34 North Street
Hailsham
East Sussex
BN27 1DW





REGISTERED NUMBER: 04398448 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

RHINO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04398448)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 715,605 715,605

CREDITORS
Amounts falling due within one year 5 (679,792 ) (679,792 )
NET CURRENT ASSETS 35,813 35,813
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,813

35,813

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 35,812 35,812
SHAREHOLDERS' FUNDS 35,813 35,813

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 November 2023 and were signed by:





G J Hinson - Director


RHINO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04398448)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

Rhino Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. EMPLOYEES AND DIRECTORS

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

RHINO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04398448)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2022
and 30 April 2023 449
DEPRECIATION
At 1 May 2022
and 30 April 2023 449
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 679,792 679,792

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1.00 1 1