Company Registration No. 09427618 (England and Wales)
Rain Enterprises Ltd
Unaudited accounts
for the year ended 29 February 2024
Rain Enterprises Ltd
Unaudited accounts
Contents
Rain Enterprises Ltd
Company Information
for the year ended 29 February 2024
Director
Cristian Horea Rain
Company Number
09427618 (England and Wales)
Registered Office
21 Le Noke Avenue
Romford
RM3 7GN
UK
Accountants
Stefania Banica AFA MIPA T/A Accolah Ltd
IFA registered 285092
17 Harbourer Road
Ilford
IG6 3TN
Rain Enterprises Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
91,277
9,475
Cash at bank and in hand
145,706
51,192
Creditors: amounts falling due within one year
(53,481)
(10,311)
Net current assets
92,225
35,881
Total assets less current liabilities
183,502
45,356
Creditors: amounts falling due after more than one year
(23,028)
(9,800)
Called up share capital
100
100
Profit and loss account
160,374
35,456
Shareholders' funds
160,474
35,556
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 11 October 2024 and were signed on its behalf by
Cristian Horea Rain
Director
Company Registration No. 09427618
Rain Enterprises Ltd
Notes to the Accounts
for the year ended 29 February 2024
Rain Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 09427618. The registered office is 21 Le Noke Avenue, Romford, RM3 7GN, UK.
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:
Plant & machinery
25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
18,950
-
-
18,950
Additions
56,975
56,500
1,910
115,385
At 29 February 2024
75,925
56,500
1,910
134,335
At 1 March 2023
9,475
-
-
9,475
Charge for the year
18,981
14,125
477
33,583
At 29 February 2024
28,456
14,125
477
43,058
At 29 February 2024
47,469
42,375
1,433
91,277
At 28 February 2023
9,475
-
-
9,475
Amounts falling due within one year
Accrued income and prepayments
-
(5,000)
Rain Enterprises Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
36,006
10,311
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
23,028
9,800
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).