RAINEY & BEST HOLDINGS LIMITED

Company Registration Number:
NI679061 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

RAINEY & BEST HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

RAINEY & BEST HOLDINGS LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

14 months to 30 November 2022


£

£
Current assets
Debtors:   4,829,179 2,503,648
Cash at bank and in hand: 5,788,099 6,191,444
Total current assets: 10,617,278 8,695,092
Creditors: amounts falling due within one year:   (4,732) (1,895)
Net current assets (liabilities): 10,612,546 8,693,197
Total assets less current liabilities: 10,612,546 8,693,197
Total net assets (liabilities): 10,612,546 8,693,197
Capital and reserves
Called up share capital: 100 100
Other reserves: 1,500,000 1,500,000
Profit and loss account: 9,112,446 7,193,097
Shareholders funds: 10,612,546 8,693,197

The notes form part of these financial statements

RAINEY & BEST HOLDINGS LIMITED

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 September 2024
and signed on behalf of the board by:

Name: Mr E A McCullagh
Status: Director

The notes form part of these financial statements

RAINEY & BEST HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RAINEY & BEST HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 14 months to 30 November 2022
Average number of employees during the period 0 0

RAINEY & BEST HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Related party transactions

Name of the related party:
Relationship:
Subsidiary
Description of the Transaction: Interest free loan from the company.
£
Balance at 01 December 2022 1,869
Balance at 30 November 2023 1,637,876
Name of the related party:
Relationship:
Subsidiary
Description of the Transaction: Interest free loan to the company
£
Balance at 01 December 2022 500
Balance at 30 November 2023 547,900