Company Registration No. 10757811 (England and Wales)
Rathbone Homes Limited
Unaudited accounts
for the year ended 31 October 2023
Rathbone Homes Limited
Unaudited accounts
Contents
Rathbone Homes Limited
Company Information
for the year ended 31 October 2023
Directors
James Rathbone
Belinda Rathbone
Company Number
10757811 (England and Wales)
Registered Office
14 Ben Nevis Drive
Little Sutton
Ellesmerte Port
Cheshire
CH66 4YZ
Accountants
Barnes Cooper Ltd
Offices 3 & 4 The Meadows
Church Road
Dodleston
Chester
CH4 9NG
Rathbone Homes Limited
Statement of financial position
as at 31 October 2023
Tangible assets
700,130
701,342
Cash at bank and in hand
3,020
-
Creditors: amounts falling due within one year
(247,728)
(248,109)
Net current liabilities
(244,525)
(247,540)
Total assets less current liabilities
455,605
453,802
Creditors: amounts falling due after more than one year
(469,489)
(470,306)
Net liabilities
(13,884)
(16,504)
Called up share capital
100
100
Profit and loss account
(13,984)
(16,604)
Shareholders' funds
(13,884)
(16,504)
For the year ending 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 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.
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 of Directors and authorised for issue on 28 July 2024 and were signed on its behalf by
Belinda Rathbone
Director
Company Registration No. 10757811
Rathbone Homes Limited
Notes to the Accounts
for the year ended 31 October 2023
Rathbone Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 10757811. The registered office is 14 Ben Nevis Drive, Little Sutton, Ellesmerte Port, Cheshire, CH66 4YZ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
689,030
24,446
713,476
At 31 October 2023
689,030
26,935
715,965
At 1 November 2022
-
12,134
12,134
Charge for the year
-
3,701
3,701
At 31 October 2023
-
15,835
15,835
At 31 October 2023
689,030
11,100
700,130
At 31 October 2022
689,030
12,312
701,342
Amounts falling due within one year
Rathbone Homes Limited
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
19,788
22,999
Trade creditors
1,500
3,843
Other creditors
101,503
97,824
Loans from directors
123,787
122,393
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
469,489
470,306
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).