RACHO EXPRESS (UK) LIMITED

Company Registration Number:
03998001 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

RACHO EXPRESS (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

RACHO EXPRESS (UK) LIMITED

Company Information

for the Period Ended 31 May 2024




Director: Bamidele Aderiye
Secretary: Bamidele Aderiye
Registered office: 54
Cronin Street
London
SE15 6JH
Company Registration Number: 03998001 (England and Wales)

RACHO EXPRESS (UK) LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 60 75
Total fixed assets: 60 75
Current assets
Stocks: 141 165
Debtors: 578 619
Cash at bank and in hand: 55 73
Total current assets: 774 857
Creditors: amounts falling due within one year: ( 64,752 ) ( 60,012 )
Net current assets (liabilities): ( 63,978 ) ( 59,155 )
Total assets less current liabilities: ( 63,918 ) ( 59,080 )
Total net assets (liabilities): ( 63,918 ) ( 59,080 )

The notes form part of these financial statements

RACHO EXPRESS (UK) LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 63,920 ) ( 59,082 )
Shareholders funds: ( 63,918 ) ( 59,080 )

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 November 2024
And Signed On Behalf Of The Board By:

Name: Bamidele Aderiye
Status: Director

The notes form part of these financial statements

RACHO EXPRESS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts receivable from customers and sales excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off all fixed assets over their expected useful life.
    The rates applied are:-
    Computer Equipment - 20% on written down value.

RACHO EXPRESS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

RACHO EXPRESS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

RACHO EXPRESS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 1,082
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2024 1,082
Depreciation
At 01 June 2023 1,007
Charge for year 15
On disposals -
Other adjustments -
At 31 May 2024 1,022
Net book value
At 31 May 2024 60
At 31 May 2023 75