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REGISTERED NUMBER: 07568459 (England and Wales)















Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Rah Plumbing & Heating Ltd

Rah Plumbing & Heating Ltd (Registered number: 07568459)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Rah Plumbing & Heating Ltd (Registered number: 07568459)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,000 10,000
Property, plant and equipment 5 10,130 12,090
20,130 22,090

CURRENT ASSETS
Debtors 6 64,602 5,725
Cash at bank 24,669 73,034
89,271 78,759
CREDITORS
Amounts falling due within one year 7 57,818 58,246
NET CURRENT ASSETS 31,453 20,513
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,583

42,603

CREDITORS
Amounts falling due after more than one year 8 16,651 19,900
NET ASSETS 34,932 22,703

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 34,930 22,701
SHAREHOLDERS' FUNDS 34,932 22,703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Rah Plumbing & Heating Ltd (Registered number: 07568459)

Statement of Financial Position - continued
29 February 2024


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 director and authorised for issue on 29 November 2024 and were signed by:





Mr Richard Halifax - Director


Rah Plumbing & Heating Ltd (Registered number: 07568459)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Rah Plumbing & Heating Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07568459

Registered office: 36 Meadowview Road
Epsom
Surrey
KT19 9UB

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Rah Plumbing & Heating Ltd (Registered number: 07568459)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 10,000
NET BOOK VALUE
At 29 February 2024 10,000
At 28 February 2023 10,000

Rah Plumbing & Heating Ltd (Registered number: 07568459)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 1,000 - 30,223 - 31,223
Additions - 3,537 - 1,438 4,975
At 29 February 2024 1,000 3,537 30,223 1,438 36,198
DEPRECIATION
At 1 March 2023 1,000 - 18,133 - 19,133
Charge for year - 530 6,045 360 6,935
At 29 February 2024 1,000 530 24,178 360 26,068
NET BOOK VALUE
At 29 February 2024 - 3,007 6,045 1,078 10,130
At 28 February 2023 - - 12,090 - 12,090

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 1,902 5,225
Other debtors 62,700 500
64,602 5,725

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Taxation and social security 11,782 11,811
Other creditors 46,036 46,435
57,818 58,246

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 16,651 19,900