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REGISTERED NUMBER: 00543523 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Rayner and Sons Limited

Rayner and Sons Limited (Registered number: 00543523)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rayner and Sons Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: G.W. Rayner
O.L. Rayner
R.J. Rayner





SECRETARY: G.W. Rayner





REGISTERED OFFICE: Banquet House,
118-120, Garratt Lane,
Wandsworth,
London.
SW18 4DJ





REGISTERED NUMBER: 00543523 (England and Wales)





ACCOUNTANTS: Times Accountancy Services Limited
Chartered Certified Accountants and
Registered Auditors
Alcala
Rectory Lane
Woodmansterne
Surrey
SM7 3NY

Rayner and Sons Limited (Registered number: 00543523)

Balance Sheet
31 January 2024

31.1.24 31.1.23
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 790,500 790,500
Tangible Assets 5 2,093,068 1,893,290
2,883,568 2,683,790

CURRENT ASSETS
Debtors 6 41,307 12,327
Cash at bank 2,169,409 2,304,451
2,210,716 2,316,778
CREDITORS
Amounts falling due within one year 7 670,085 79,079
NET CURRENT ASSETS 1,540,631 2,237,699
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,424,199

4,921,489

CREDITORS
Amounts falling due after more than one year 8 - 818,000
NET ASSETS 4,424,199 4,103,489

CAPITAL AND RESERVES
Called Up Share Capital 3,000 3,000
Retained earnings 9 4,421,199 4,100,489
SHAREHOLDERS' FUNDS 4,424,199 4,103,489

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

Rayner and Sons Limited (Registered number: 00543523)

Balance Sheet - continued
31 January 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 7 August 2024 and were signed on its behalf by:





R.J. Rayner - Director


Rayner and Sons Limited (Registered number: 00543523)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Rayner and Sons 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 represents net invoiced sales of goods and services, excluding value added tax.


Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Rayner London Ltd are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold Property - not provided
Fixtures and Fittings - 25% on cost

Pension costs and other post-retirement benefits
The company operates a non-contributory pension scheme. Contributions payable for the year are charged in the profit and loss account.


Depreciation policies
In accordance with FRS 102 S1A, depreciation is not provided on the freehold properties as the cost and complexity of valuing them at their fair value exceeds the benefits of doing so.

3. EMPLOYEES AND DIRECTORS

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

Rayner and Sons Limited (Registered number: 00543523)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2023
and 31 January 2024 790,500
NET BOOK VALUE
At 31 January 2024 790,500
At 31 January 2023 790,500

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
Property Fittings Totals
£    £    £   
COST
At 1 February 2023 1,937,344 577,086 2,514,430
Additions 216,809 - 216,809
At 31 January 2024 2,154,153 577,086 2,731,239
DEPRECIATION
At 1 February 2023 92,041 529,099 621,140
Charge for year - 17,031 17,031
At 31 January 2024 92,041 546,130 638,171
NET BOOK VALUE
At 31 January 2024 2,062,112 30,956 2,093,068
At 31 January 2023 1,845,303 47,987 1,893,290

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
as restated
£    £   
Other debtors 41,307 12,327

Rayner and Sons Limited (Registered number: 00543523)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR
31.1.24 31.1.23
as restated
£    £   
Trade creditors 142,123 -
Taxation and social security 515,815 57,549
Other creditors 12,147 21,530
670,085 79,079

8. CREDITORS MORE THAN ONE YEAR
31.1.24 31.1.23
as restated
£    £   
Other creditors - 818,000

9. RESERVES
Retained
earnings
£   

At 1 February 2023 4,100,489
Prior year adjustment 252,607
4,353,096
Profit for the year 68,103
At 31 January 2024 4,421,199

10. RELATED PARTY DISCLOSURES

The controlling party is R.J. Rayner.