Company Registration No. 14301361 (England and Wales)
RHINO COWORKING LTD
Unaudited accounts
for the period from 17 August 2022 to 31 August 2023
RHINO COWORKING LTD
Unaudited accounts
Contents
RHINO COWORKING LTD
Company Information
for the period from 17 August 2022 to 31 August 2023
Company Number
14301361 (England and Wales)
Registered Office
31 ARDWICK GREEN
MANCHESTER
GREATER MANCHESTER
M12 6PN
ENGLAND
Accountants
SQK Accountancy Limited
Use.Space
Paddock St
Manchester
North West England
M12 6PN
RHINO COWORKING LTD
Accountants' report
Accountants' report to the director of RHINO COWORKING LTD on the preparation of the unaudited statutory accounts for the period from 17 August 2022 to 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
RHINO COWORKING LTD for the period from
17 August 2022 to
31 August 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of RHINO COWORKING LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of RHINO COWORKING LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RHINO COWORKING LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that RHINO COWORKING LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of RHINO COWORKING LTD. You consider that RHINO COWORKING LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of RHINO COWORKING LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SQK Accountancy Limited
Use.Space
Paddock St
Manchester
North West England
M12 6PN
9 May 2024
RHINO COWORKING LTD
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
5,165
Creditors: amounts falling due within one year
(48,833)
Net current liabilities
(32,562)
Profit and loss account
(29,274)
Shareholders' funds
(29,273)
For the period ending 31 August 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 9 May 2024 and were signed on its behalf by
Mr D. Walter
Director
Company Registration No. 14301361
RHINO COWORKING LTD
Notes to the Accounts
for the period from 17 August 2022 to 31 August 2023
RHINO COWORKING LTD is a private company, limited by shares, registered in England and Wales, registration number 14301361. The registered office is 31 ARDWICK GREEN, MANCHESTER, GREATER MANCHESTER, M12 6PN, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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:
Plant & machinery
33% Straight Line Depreciation
Fixtures & fittings
20% Straight Line Depreciation
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
1,441
2,910
4,351
At 31 August 2023
1,441
2,910
4,351
Charge for the period
480
582
1,062
At 31 August 2023
480
582
1,062
At 31 August 2023
961
2,328
3,289
Amounts falling due within one year
RHINO COWORKING LTD
Notes to the Accounts
for the period from 17 August 2022 to 31 August 2023
6
Creditors: amounts falling due within one year
2023
Taxes and social security
12,315
Loans from directors
14,887
7
Average number of employees
During the period the average number of employees was 3.