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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
Page
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THE RAINBOW STORES GROUP LTD Company Information for the year ended 30 June 2023
Director
Jaime Jean BAKER
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
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THE RAINBOW STORES GROUP LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,273 
89,681 
Current assets
Inventories
4,640 
4,255 
Cash at bank and in hand
21,642 
2,236 
26,282 
6,491 
Creditors: amounts falling due within one year
(24,396)
(24,480)
Net current assets/(liabilities)
1,886 
(17,989)
Net assets
3,159 
71,692 
Capital and reserves
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
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THE RAINBOW STORES GROUP LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
15%
Fixtures & fittings
15%
Computer equipment
25%
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 
Depreciation
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 
Net book value
At 30 June 2023
- 
307 
652 
314 
1,273 
At 30 June 2022
88,642 
- 
502 
537 
89,681 
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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 
Accruals
350 
350 
24,396 
24,480 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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