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REGISTERED NUMBER: 13584905 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Rising 2021 Ltd

Rising 2021 Ltd (Registered number: 13584905)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rising 2021 Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs S M Dixon





REGISTERED OFFICE: 4 Westbury Road
Ealing
London
W5 2LF





REGISTERED NUMBER: 13584905 (England and Wales)






Rising 2021 Ltd (Registered number: 13584905)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 160,000 180,000
Tangible assets 5 42,298 15,604
202,298 195,604

CURRENT ASSETS
Stocks 2,620 -
Cash at bank and in hand 246,741 11,608
249,361 11,608
CREDITORS
Amounts falling due within one year 6 117,862 960
NET CURRENT ASSETS 131,499 10,648
TOTAL ASSETS LESS CURRENT LIABILITIES 333,797 206,252

CREDITORS
Amounts falling due after more than one
year

7

184,501

256,805
NET ASSETS/(LIABILITIES) 149,296 (50,553 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 149,196 (50,653 )
SHAREHOLDERS' FUNDS 149,296 (50,553 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Rising 2021 Ltd (Registered number: 13584905)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 August 2024 and were signed by:





Mrs S M Dixon - Director


Rising 2021 Ltd (Registered number: 13584905)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Rising 2021 Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - NIL ) .

Rising 2021 Ltd (Registered number: 13584905)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 200,000
AMORTISATION
At 1 April 2023 20,000
Charge for year 20,000
At 31 March 2024 40,000
NET BOOK VALUE
At 31 March 2024 160,000
At 31 March 2023 180,000

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2023 - 20,805 20,805
Additions 35,440 - 35,440
At 31 March 2024 35,440 20,805 56,245
DEPRECIATION
At 1 April 2023 - 5,201 5,201
Charge for year 3,544 5,202 8,746
At 31 March 2024 3,544 10,403 13,947
NET BOOK VALUE
At 31 March 2024 31,896 10,402 42,298
At 31 March 2023 - 15,604 15,604

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 2,124 -
Tax 76,466 -
Social security and other taxes 6,192 -
VAT 29,991 -
Accrued expenses 3,089 960
117,862 960

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Directors loan account 184,501 256,805