2022-06-01 05125337 2023-10-31 05125337 2022-06-01 2023-10-31 05125337 2022-05-31 05125337 2021-06-01 2022-05-31 05125337 uk-core:WithinOneYear 2022-05-31 05125337 uk-core:WithinOneYear 2023-10-31 05125337 uk-core:ShareCapital 2023-10-31 05125337 uk-core:ShareCapital 2022-05-31 05125337 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 05125337 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 05125337 uk-bus:Director1 2022-06-01 2023-10-31 05125337 uk-core:ToolsEquipment 2022-06-01 2023-10-31 05125337 uk-core:CommercialMotorVehicles 2022-06-01 2023-10-31 05125337 uk-core:ToolsEquipment 2022-05-31 05125337 uk-core:CommercialMotorVehicles 2022-05-31 05125337 uk-core:CommercialMotorVehicles 2023-10-31 05125337 uk-core:ToolsEquipment 2023-10-31 iso4217:GBP xbrli:pure 05125337 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-10-31 05125337 uk-bus:FRS102 2022-06-01 2023-10-31 05125337 uk-bus:FilletedAccounts 2022-06-01 2023-10-31 05125337 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-10-31
Rawlings & Wine Ltd
Registered Number:05125337
For the period 01 June 2022 to 31 October 2023
England and Wales
Unaudited Financial Statements
2
For the period 01 June 2022 to 31 October 2023
Rawlings & Wine Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
05125337
As at 31 October 2023
Rawlings & Wine Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,693
2,258
2
1,693
2,258
Current assets
Inventories
2,500
-
3
Trade and other receivables
1,395
-
4
1,536
Cash and cash equivalents
2,507
2,507
5,431
Trade and other payables: amounts falling due within one year
(9,726)
(6,509)
5
(4,295)
(4,002)
Net current liabilities
Total assets less current liabilities
(2,309)
(2,037)
(2,309)
Net liabilities
(2,037)
Capital and reserves
Called up share capital
2
2
Retained earnings
(2,311)
(2,039)
(2,309)
(2,037)
Shareholders' funds
For the period 01 June 2022 to 31 October 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 of its financial statements for the period 01 June 2022 to 31 October 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr C Rawlings Director
These financial statements were approved and authorised for issue by the Board on 29 February 2024 and were signed by:
The notes form part of these financial statements
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4
For the period 01 June 2022 to 31 October 2023
Rawlings & Wine Ltd
Notes to the Financial Statements
Statutory Information
Rawlings & Wine Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 05125337.
Principal place of business:
Marlbro, Cliffview Gardens
Leysdown On Sea
Kent
ME12 4AF
Registered address:
3 Conqueror Court
Sittingbourne
Kent
ME10 5BH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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5
For the period 01 June 2022 to 31 October 2023
Rawlings & Wine Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
£
£
£
Cost or valuation
At 01 June 2022
15,688
1,563
14,125
At 31 October 2023
14,125
1,563
15,688
Provision for depreciation and impairment
At 01 June 2022
13,430
1,563
11,867
Charge for period
565
-
565
At 31 October 2023
13,995
1,563
12,432
At 31 October 2023
Net book value
1,693
-
1,693
At 31 May 2022
2,258
-
2,258
3. Inventories
2022
2023
£
£
Stocks
-
2,500
4. Trade and other receivables
2022
2023
£
£
Trade debtors
-
1,395
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
-
2,074
Taxation and social security
29
3
Other creditors
6,480
7,649
6,509
9,726
6. Average number of persons employed
During the year the average number of employees was 0
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