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REGISTERED NUMBER: 01542323 (England and Wales)















RABGRANGE DEVELOPMENTS LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2024






RABGRANGE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01542323)

Contents of the Financial Statements
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RABGRANGE DEVELOPMENTS LIMITED

Company Information
for the year ended 31 March 2024







Directors: N Baldwinson
J Baldwinson





Secretary: P Baldwinson





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 01542323 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

RABGRANGE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01542323)

Balance Sheet
31 March 2024

2024 2023
Notes £ £
Fixed assets
Tangible assets 4 4,809 5,875

Current assets
Stocks 20,000 23,000
Debtors 5 14,516 14,156
Cash at bank 10,313 -
44,829 37,156
Creditors
Amounts falling due within one year 6 (27,610 ) (18,596 )
Net current assets 17,219 18,560
Total assets less current liabilities 22,028 24,435

Creditors
Amounts falling due after more than one
year

7

(13,087

)

(23,274

)
Net assets 8,941 1,161

Capital and reserves
Called up share capital 8 2 2
Retained earnings 9 8,939 1,159
Shareholders' funds 8,941 1,161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RABGRANGE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01542323)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by:





J Baldwinson - Director


RABGRANGE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01542323)

Notes to the Financial Statements
for the year ended 31 March 2024


1. Statutory information

Rabgrange Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

RABGRANGE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01542323)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 April 2023 43,078
Additions 757
At 31 March 2024 43,835
Depreciation
At 1 April 2023 37,203
Charge for year 1,823
At 31 March 2024 39,026
Net book value
At 31 March 2024 4,809
At 31 March 2023 5,875

5. Debtors: amounts falling due within one year
2024 2023
£ £
Other debtors 14,516 14,156

6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 10,183 11,274
Trade creditors - 1,686
Taxation and social security 2,174 -
Other creditors 15,253 5,636
27,610 18,596

7. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans 13,087 23,274

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
2 Ordinary shares £1 2 2

RABGRANGE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01542323)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


9. Reserves
Retained
earnings
£

At 1 April 2023 1,159
Profit for the year 15,780
Dividends (8,000 )
At 31 March 2024 8,939

10. Related party disclosures

Included in other debtors is an amount of £12,720 (2023: £12,720) owed by a company under common control.