Company Registration No. 13847605 (England and Wales)
A Rae Ltd
Unaudited accounts
for the year ended 31 January 2024
A Rae Ltd
Unaudited accounts
Contents
A Rae Ltd
Company Information
for the year ended 31 January 2024
Company Number
13847605 (England and Wales)
Registered Office
UNIT 13
Wrexham Technology Park
Wrexham
LL137YP
Accountants
AB Accountancy
Dalton House
35 Chester Street
Wrexham
LL13 8AH
A Rae Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
11,026
16,538
Cash at bank and in hand
1,395
11,312
Creditors: amounts falling due within one year
(9,804)
(4,645)
Net current assets
11,885
15,515
Total assets less current liabilities
22,911
32,053
Creditors: amounts falling due after more than one year
(29,264)
(31,540)
Net (liabilities)/assets
(6,353)
513
Called up share capital
1
1
Profit and loss account
(6,354)
512
Shareholders' funds
(6,353)
513
For the year ending 31 January 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 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 5 September 2024 and were signed on its behalf by
Ain Rae
Director
Company Registration No. 13847605
A Rae Ltd
Notes to the Accounts
for the year ended 31 January 2024
A Rae Ltd is a private company, limited by shares, registered in England and Wales, registration number 13847605. The registered office is UNIT 13, Wrexham Technology Park, Wrexham, LL137YP.
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.
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:
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Other debtors
19,546
8,848
A Rae Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
1,514
Loans from directors
9,401
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
29,264
31,540
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).