1 April 2023 false No description of principal activity Taxfiler 2024.4 07601719business:PrivateLimitedCompanyLtd2023-04-012024-03-31 076017192023-03-31 076017192023-04-012024-03-31 07601719business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 07601719business:FilletedAccounts2023-04-012024-03-31 076017192024-03-31 07601719business:Director12023-04-012024-03-31 07601719business:Director22023-04-012024-03-31 07601719business:RegisteredOffice2023-04-012024-03-31 076017192023-03-31 07601719core:WithinOneYear2024-03-31 07601719core:WithinOneYear2023-03-31 07601719core:AfterOneYear2024-03-31 07601719core:AfterOneYear2023-03-31 07601719core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 07601719core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 07601719core:PreviouslyStatedAmount2024-03-31 07601719core:PreviouslyStatedAmount2023-03-31 07601719business:SmallEntities2023-04-012024-03-31 07601719countries:EnglandWales2023-04-012024-03-31 07601719core:MotorVehicles2023-04-012024-03-31 07601719core:MotorVehicles2023-03-31 07601719core:ComputerEquipment2023-03-31 07601719core:MotorVehicles2024-03-31 07601719core:ComputerEquipment2024-03-31 07601719core:ComputerEquipment2023-04-012024-03-31 076017192022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07601719 (England and Wales)
Rallying with Group B preservation trust Unaudited accounts for the year ended 31 March 2024
Rallying with Group B preservation trust Unaudited accounts Contents
Page
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Rallying with Group B preservation trust Company Information for the year ended 31 March 2024
Directors
Mr Timothy Foster Mr Jason Crook
Company Number
07601719 (England and Wales)
Registered Office
UNIT 5A BRIDGE STREET CHURCH ACCRINGTON BB5 4HU ENGLAND
Accountants
Starling Financials Ltd Royds Farm Harden Road Kelbrook Lancashire BB18 6TS
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Rallying with Group B preservation trust Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
7,250 
Current assets
Debtors
3,191 
110 
Cash at bank and in hand
18,653 
10,089 
21,844 
10,199 
Creditors: amounts falling due within one year
(79,668)
(69,460)
Net current liabilities
(57,824)
(59,261)
Total assets less current liabilities
(57,824)
(52,011)
Creditors: amounts falling due after more than one year
(35,307)
(28,220)
Net liabilities
(93,131)
(80,231)
Capital and reserves
Profit and loss account
(93,131)
(80,231)
Shareholders' funds
(93,131)
(80,231)
For the year ending 31 March 2024 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 7 July 2024 and were signed on its behalf by
Mr Timothy Foster Director Company Registration No. 07601719
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Rallying with Group B preservation trust Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Rallying with Group B preservation trust is a private company, limited by shares, registered in England and Wales, registration number 07601719. The registered office is UNIT 5A BRIDGE STREET, CHURCH, ACCRINGTON, BB5 4HU, ENGLAND.
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:
Motor vehicles
25% straight line
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
29,000 
380 
29,380 
At 31 March 2024
29,000 
380 
29,380 
Depreciation
At 1 April 2023
21,750 
380 
22,130 
Charge for the year
7,250 
- 
7,250 
At 31 March 2024
29,000 
380 
29,380 
Net book value
At 31 March 2024
- 
- 
- 
At 31 March 2023
7,250 
- 
7,250 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,191 
110 
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Rallying with Group B preservation trust Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,584 
6,584 
Trade creditors
4,647 
- 
Loans from directors
65,467 
62,876 
Deferred income
2,970 
- 
79,668 
69,460 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
35,307 
28,220 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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