Company Registration No. 11209527 (England and Wales)
RANGZ LIMITED
Unaudited accounts
for the year ended 29 February 2024
RANGZ LIMITED
Unaudited accounts
Contents
RANGZ LIMITED
Company Information
for the year ended 29 February 2024
Company Number
11209527 (England and Wales)
Registered Office
10 OWLER LANE
SHEFFIELD
S4 8GA
ENGLAND
Accountants
MS Accounting Services
547 Attercliffe Road
Sheffield
South Yorkshire
S9 3RA
RANGZ LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
16,400
20,000
Cash at bank and in hand
237,841
187,774
Creditors: amounts falling due within one year
(135,995)
(114,315)
Net current assets
135,486
116,389
Total assets less current liabilities
151,886
136,389
Creditors: amounts falling due after more than one year
(39,295)
(47,377)
Called up share capital
10
10
Profit and loss account
112,581
89,002
Shareholders' funds
112,591
89,012
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 19 November 2024 and were signed on its behalf by
Pervaiz Iqbal
Director
Company Registration No. 11209527
RANGZ LIMITED
Notes to the Accounts
for the year ended 29 February 2024
RANGZ LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11209527. The registered office is 10 OWLER LANE, SHEFFIELD, S4 8GA, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Motor vehicles
At 29 February 2024
25,900
At 29 February 2024
16,400
At 28 February 2023
20,000
RANGZ LIMITED
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
-
24,980
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
10,451
14,705
Loans from directors
66,271
95,957
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
6,644
8,265
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).