Company registration number 12146813 (England and Wales)
RHIANNON FAITH COMPANY
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
RHIANNON FAITH COMPANY
COMPANY INFORMATION
Directors
Ms M Morgan
Mrs R Griffiths
Mrs K Andrews
(Appointed 1 April 2023)
Mrs E Main-Jeffrey
(Appointed 1 April 2023)
Mrs R Milsom
(Appointed 1 April 2023)
Mrs C Waller
(Appointed 18 December 2023)
Ms A Garcia
(Appointed 18 December 2023)
Ms M Massey
(Appointed 18 December 2023)
Miss N Konan
(Appointed 18 December 2023)
Company number
12146813
Registered office
Harlow Playhouse
Playhouse Square
Harlow
Essex
CM20 1LS
Accountants
Theataccounts Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
RHIANNON FAITH COMPANY
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
RHIANNON FAITH COMPANY
ENTERTAINMENT ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RHIANNON FAITH COMPANY FOR THE YEAR ENDED 31 MARCH 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rhiannon Faith Company for the year ended 31 March 2024 which comprise, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
It is your duty to ensure that Rhiannon Faith Company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and surplus of Rhiannon Faith Company. You consider that Rhiannon Faith Company is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Rhiannon Faith Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Theataccounts Limited
11 September 2024
Entertainment Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
RHIANNON FAITH COMPANY
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
483
Current assets
Debtors
4
93,597
34,801
Cash at bank and in hand
13,822
12,331
107,419
47,132
Creditors: amounts falling due within one year
5
(40,533)
(12,494)
Net current assets
66,886
34,638
Net assets
67,369
34,638
Reserves
Income and expenditure account
67,369
34,638
Members' funds
67,369
34,638
The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 11 September 2024 and are signed on its behalf by:
Ms M Morgan
Director
Company registration number 12146813 (England and Wales)
RHIANNON FAITH COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
1
Accounting policies
Company information
Rhiannon Faith Company is a private company limited by guarantee incorporated in England and Wales. The registered office is Harlow Playhouse, Playhouse Square, Harlow, Essex, CM20 1LS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Income and expenditure
Income and expenses are included in the financial statements as they become receivable or due.
Expenses include VAT where applicable as the company cannot reclaim it.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computers
3 years straight line
1.4
Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
1.5
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
9
2
RHIANNON FAITH COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023
Additions
599
At 31 March 2024
599
Depreciation and impairment
At 1 April 2023
Depreciation charged in the year
116
At 31 March 2024
116
Carrying amount
At 31 March 2024
483
At 31 March 2023
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Service charges due
10,000
12,594
Other debtors
83,597
22,207
93,597
34,801
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
13,027
5,575
Other creditors
27,506
6,919
40,533
12,494
6
Members' liability
The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.
7
Ultimate controlling party
There is no ultimate controlling party.