Company Registration No. 12159682 (England and Wales)
Raincall Limited
Unaudited accounts
for the year ended 31 August 2023
Raincall Limited
Unaudited accounts
Contents
Raincall Limited
Company Information
for the year ended 31 August 2023
Company Number
12159682 (England and Wales)
Registered Office
17 Gainsborough Gardens
Sudbury Hill
Greenford
Middlesex
UB6 0JG
Accountants
Utopians Accountants
49 Highview
Pinner
Middlesex
HA5 3PE
Raincall Limited
Statement of financial position
as at 31 August 2023
Intangible assets
20,250
20,250
Tangible assets
2,544
2,037
Cash at bank and in hand
11,712
2,291
Creditors: amounts falling due within one year
(14,035)
(21,288)
Net current assets/(liabilities)
7,848
(12,686)
Total assets less current liabilities
30,642
9,601
Creditors: amounts falling due after more than one year
(20,612)
(31,393)
Net assets/(liabilities)
10,030
(21,792)
Called up share capital
1,000
1,000
Profit and loss account
9,030
(22,792)
Shareholders' funds
10,030
(21,792)
For the year 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 20 November 2023 and were signed on its behalf by
Wai Hung Cheung
Director
Company Registration No. 12159682
Raincall Limited
Notes to the Accounts
for the year ended 31 August 2023
Raincall Limited is a private company, limited by shares, registered in England and Wales, registration number 12159682. The registered office is 17 Gainsborough Gardens, Sudbury Hill, Greenford, Middlesex, UB6 0JG.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
10% on reducing balance
Computer equipment
10% on reducing balance
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Raincall Limited
Notes to the Accounts
for the year ended 31 August 2023
4
Intangible fixed assets
Goodwill
At 1 September 2022
20,250
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2022
898
1,365
2,263
At 31 August 2023
1,014
1,993
3,007
At 1 September 2022
89
137
226
Charge for the year
137
100
237
At 31 August 2023
226
237
463
At 31 August 2023
788
1,756
2,544
At 31 August 2022
809
1,228
2,037
Amounts falling due within one year
Accrued income and prepayments
163
318
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,922
1,165
Taxes and social security
1,847
1,204
Raincall Limited
Notes to the Accounts
for the year ended 31 August 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
10,464
13,202
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
10
Average number of employees
During the year the average number of employees was 4 (2022: 4).