RHYSUN HOMES LIMITED

Company Registration Number:
13930470 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

RHYSUN HOMES LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

RHYSUN HOMES LIMITED

Company Information

for the Period Ended 29 February 2024




Director: Adedayo Oyekunle
Ebunoluwa Mayowa Makinde
Registered office: Monomark House
27 Old Gloucester Street
London
England
WC1N 3AX
Company Registration Number: 13930470 (England and Wales)

RHYSUN HOMES LIMITED

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Adedayo Oyekunle
Ebunoluwa Mayowa Makinde

This report was approved by the board of directors on 19 November 2024
And Signed On Behalf Of The Board By:

Name: Adedayo Oyekunle
Status: Director

Name: Ebunoluwa Mayowa Makinde
Status: Director

RHYSUN HOMES LIMITED

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Turnover 17,440 2,170
Gross Profit or (Loss) 17,440 2,170
Administrative Expenses ( 77,897 ) ( 22,942 )
Operating Profit or (Loss) ( 60,457 ) ( 20,772 )
Profit or (Loss) Before Tax ( 60,457 ) ( 20,772 )
Profit or (Loss) for Period ( 60,457 ) ( 20,772 )

The notes form part of these financial statements

RHYSUN HOMES LIMITED

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 320,000 320,000
Total fixed assets: 320,000 320,000
Current assets
Cash at bank and in hand: 2,207 527
Total current assets: 2,207 527
Creditors: amounts falling due within one year: 5 ( 192,865 ) ( 176,182 )
Net current assets (liabilities): ( 190,658 ) ( 175,655 )
Total assets less current liabilities: 129,342 144,345
Creditors: amounts falling due after more than one year: 6 ( 210,570 ) ( 165,116 )
Total net assets (liabilities): ( 81,228 ) ( 20,771 )

The notes form part of these financial statements

RHYSUN HOMES LIMITED

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 81,229 ) ( 20,772 )
Shareholders funds: ( 81,228 ) ( 20,771 )

For the year ending 29 February 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.

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 19 November 2024
And Signed On Behalf Of The Board By:

Name: Adedayo Oyekunle
Status: Director

Name: Ebunoluwa Mayowa Makinde
Status: Director

The notes form part of these financial statements

RHYSUN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 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

RHYSUN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

RHYSUN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

RHYSUN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 March 2023 320,000 320,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 29 February 2024 320,000 320,000
Depreciation
At 01 March 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 29 February 2024 - -
Net book value
At 29 February 2024 320,000 320,000
At 28 February 2023 320,000 320,000

RHYSUN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 192,865 176,182
Total 192,865 176,182

RHYSUN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 210,570 165,116
Total 210,570 165,116