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Company Registration No. 11216658 (England and Wales)
Dave Rainford Limited Unaudited accounts for the year ended 29 February 2024
Dave Rainford Limited Unaudited accounts Contents
Page
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Dave Rainford Limited Company Information for the year ended 29 February 2024
Director
Mr D Rainford
Company Number
11216658 (England and Wales)
Registered Office
21 Highland Brow Galgate Lancaster Lancashire LA2 0NF
Accountants
Blend Accountants First Floor Brunel House 9 Penrod Way Heysham Lancashire LA3 2UZ
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Dave Rainford Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
37,631 
38,342 
Current assets
Inventories
18,000 
20,000 
Debtors
19,720 
10,815 
Cash at bank and in hand
(420)
(945)
37,300 
29,870 
Creditors: amounts falling due within one year
(36,723)
(35,635)
Net current assets/(liabilities)
577 
(5,765)
Total assets less current liabilities
38,208 
32,577 
Creditors: amounts falling due after more than one year
(39,055)
(42,142)
Net liabilities
(847)
(9,565)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(848)
(9,566)
Shareholders' funds
(847)
(9,565)
For the year ending 29 February 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 15 July 2024 and were signed on its behalf by
Mr D Rainford Director Company Registration No. 11216658
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Dave Rainford Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Dave Rainford Limited is a private company, limited by shares, registered in England and Wales, registration number 11216658. The registered office is 21 Highland Brow, Galgate, Lancaster, Lancashire, LA2 0NF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
315 
65,230 
65,545 
Additions
- 
12,496 
12,496 
Disposals
- 
(2,792)
(2,792)
At 29 February 2024
315 
74,934 
75,249 
Depreciation
At 1 March 2023
138 
27,065 
27,203 
Charge for the year
44 
12,500 
12,544 
On disposals
- 
(2,129)
(2,129)
At 29 February 2024
182 
37,436 
37,618 
Net book value
At 29 February 2024
133 
37,498 
37,631 
At 28 February 2023
177 
38,165 
38,342 
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Dave Rainford Limited Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
4,038 
Trade debtors
6,958 
2,519 
Accrued income and prepayments
550 
550 
Other debtors
12,212 
3,708 
19,720 
10,815 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,743 
5,601 
VAT
4,685 
- 
Obligations under finance leases and hire purchase contracts
5,127 
6,917 
Taxes and social security
3,934 
5,068 
Loans from directors
17,234 
18,049 
36,723 
35,635 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,383 
13,126 
Obligations under finance leases and hire purchase contracts
31,672 
29,016 
39,055 
42,142 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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