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REGISTERED NUMBER: 09027642 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 NOVEMBER 2023

FOR

RAFFAELLA FLETCHER LIMITED

RAFFAELLA FLETCHER LIMITED (REGISTERED NUMBER: 09027642)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 29 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAFFAELLA FLETCHER LIMITED

COMPANY INFORMATION
For The Year Ended 29 November 2023







DIRECTORS: Ms Raffaella Fletcher
Mr Tobia Wolfe Fletcher





REGISTERED OFFICE: Ballards
Forest Row
Wealden
East Sussex
RH18 5LH





REGISTERED NUMBER: 09027642 (England and Wales)





ACCOUNTANTS: BAND Advisory Group Limited
111 Charterhouse Street
London
EC1M 6AW

RAFFAELLA FLETCHER LIMITED (REGISTERED NUMBER: 09027642)

BALANCE SHEET
29 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 11,000
Property, plant and equipment 5 1,481 1,746
1,481 12,746

CURRENT ASSETS
Debtors 6 196,594 130
Cash at bank 1,008 972
197,602 1,102
CREDITORS
Amounts falling due within one year 7 573,027 363,641
NET CURRENT LIABILITIES (375,425 ) (362,539 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(373,944

)

(349,793

)

PROVISIONS FOR LIABILITIES 206 206
NET LIABILITIES (374,150 ) (349,999 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (374,152 ) (350,001 )
(374,150 ) (349,999 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2023 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.

RAFFAELLA FLETCHER LIMITED (REGISTERED NUMBER: 09027642)

BALANCE SHEET - continued
29 November 2023


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 31 October 2024 and were signed on its behalf by:





Ms Raffaella Fletcher - Director


RAFFAELLA FLETCHER LIMITED (REGISTERED NUMBER: 09027642)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 29 November 2023


1. STATUTORY INFORMATION

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

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 etc - 25% on cost

RAFFAELLA FLETCHER LIMITED (REGISTERED NUMBER: 09027642)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 November 2023


2. ACCOUNTING POLICIES - continued

Financial instruments basic financial instruments
Recognition and measurement

The Company enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors and loans from banks.

Debt instruments (other than those wholly repayable or receivable within one year), including
loans and account receivables and payables, are initially measured at the transaction price
(adjusted for transaction cost) and subsequently at amortised cost using the effective interest
method. Debt instruments that are payable or receivable within one year, typically trade debtors
and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash
or other consideration expected to be paid or received. However, if the arrangement constitutes
a financing transaction, such as a trade debtor or creditor on extended credit terms, initial
measurement is at the present value of future cash flows discounted at a market rate of interest.
Subsequent measurement is at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each
reporting period for objective evidence of impairment. If such evidence is identified, an impairment
loss is recognised in the statement of comprehensive income.

For financial assets measured at amortised cost, the impairment loss is measured as the
difference between carrying amount and the present value of estimated cash flows discounted
at the original effective interest rate. If the financial instrument has a variable interest rate the
currently effective rate under the contract is used.

For financial assets measured at cost less impairment, the impairment loss is measured
as the difference between an asset’s carrying amount and best estimate of the recoverable
amount, which is an approximation of the amount that the Company would receive for the
asset if it were to be sold at the reporting date. Financial assets and liabilities are offset, and
the net amount reported in the statement of financial position when there is an enforceable
right to set off the recognised amounts and there is an intention to settle on a net basis
or to realise the asset and settle the liability simultaneously. At present, the Company has not
offset any items.

Derecognition

A financial asset is derecognised only when:

- the contractual rights to the cash flows from the financial asset expire or are settled; or

- substantially all of the risks and rewards of ownership of the financial asset have been
transferred to another party; or

- when despite having retained some, but not substantially all, risks and rewards of
ownership, control of the asset has been transferred to another party and the other
party has the practical ability to sell the asset in its entirety to an unrelated third
party and is able to exercise that ability unilaterally and without needing to impose
additional restrictions on the transfer. In this case, the Company derecognises the asset
and recognises separately any rights and obligations retained or created in the transfer.

RAFFAELLA FLETCHER LIMITED (REGISTERED NUMBER: 09027642)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 November 2023


2. ACCOUNTING POLICIES - continued

A financial liability is derecognised when the contract that gives rise to it is settled, sold, cancelled, or expires. Where an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such as an exchange or modification, this is treated as a derecognition of the original liability, such that the difference in the respective carrying amounts together with any costs or fees incurred are recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 30 November 2022
and 29 November 2023 110,000
AMORTISATION
At 30 November 2022 99,000
Charge for year 11,000
At 29 November 2023 110,000
NET BOOK VALUE
At 29 November 2023 -
At 29 November 2022 11,000

RAFFAELLA FLETCHER LIMITED (REGISTERED NUMBER: 09027642)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 November 2023


5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 30 November 2022 29,121
Additions 172
At 29 November 2023 29,293
DEPRECIATION
At 30 November 2022 27,375
Charge for year 437
At 29 November 2023 27,812
NET BOOK VALUE
At 29 November 2023 1,481
At 29 November 2022 1,746

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2 130
VAT 31,943 -
Prepayments and accrued income 164,649 -
196,594 130

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 103,639 -
VAT - 129
Other creditors - 362,512
Directors' current accounts 467,049 -
Accruals and deferred income 2,339 1,000
573,027 363,641

8. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the director £467,049 (2022: £362,511)