IRIS Accounts Production v24.3.0.553 12337854 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123378542022-11-30123378542023-11-30123378542022-12-012023-11-30123378542021-11-30123378542021-12-012022-11-30123378542022-11-3012337854ns15:EnglandWales2022-12-012023-11-3012337854ns14:PoundSterling2022-12-012023-11-3012337854ns10:Director12022-12-012023-11-3012337854ns10:Director22022-12-012023-11-3012337854ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3012337854ns10:SmallEntities2022-12-012023-11-3012337854ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3012337854ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3012337854ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3012337854ns10:FullAccounts2022-12-012023-11-3012337854ns10:CompanySecretary12022-12-012023-11-3012337854ns10:RegisteredOffice2022-12-012023-11-3012337854ns5:CurrentFinancialInstruments2023-11-3012337854ns5:CurrentFinancialInstruments2022-11-3012337854ns5:Non-currentFinancialInstruments2023-11-3012337854ns5:Non-currentFinancialInstruments2022-11-3012337854ns5:ShareCapital2023-11-3012337854ns5:ShareCapital2022-11-3012337854ns5:RetainedEarningsAccumulatedLosses2023-11-3012337854ns5:RetainedEarningsAccumulatedLosses2022-11-3012337854ns5:LandBuildingsns5:OwnedOrFreeholdAssets2022-12-012023-11-3012337854ns5:LandBuildings2022-11-3012337854ns5:LandBuildings2023-11-3012337854ns5:LandBuildings2022-11-3012337854ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3012337854ns5:WithinOneYearns5:CurrentFinancialInstruments2022-11-3012337854ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-11-3012337854ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-11-30
REGISTERED NUMBER: 12337854 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

RAYFIELD ENTERPRISES LIMITED

RAYFIELD ENTERPRISES LIMITED (REGISTERED NUMBER: 12337854)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAYFIELD ENTERPRISES LIMITED

COMPANY INFORMATION
for the year ended 30 November 2023







DIRECTORS: S W Montila
D W Montila





SECRETARY:





REGISTERED OFFICE: 1a Barnfield Close
Hastings
East Sussex
TN34 1TS





REGISTERED NUMBER: 12337854 (England and Wales)





ACCOUNTANTS: In The Cloud Accounting
Springhaven
1a Barnfield Close
Hastings
East Sussex
TN34 1TS

RAYFIELD ENTERPRISES LIMITED (REGISTERED NUMBER: 12337854)

BALANCE SHEET
30 November 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 336,225 336,225

CURRENT ASSETS
Debtors 5 3,279 3,279
Cash at bank and in hand 89,848 89,848
93,127 93,127
CREDITORS
Amounts falling due within one year 6 (125,092 ) (125,092 )
NET CURRENT LIABILITIES (31,965 ) (31,965 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

304,260

304,260

CREDITORS
Amounts falling due after more than
one year

7

(322,377

)

(322,377

)
NET LIABILITIES (18,117 ) (18,117 )

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings (18,417 ) (18,417 )
SHAREHOLDERS' FUNDS (18,117 ) (18,117 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

RAYFIELD ENTERPRISES LIMITED (REGISTERED NUMBER: 12337854)

BALANCE SHEET - continued
30 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 23 November 2024 and were signed on its behalf by:




D W Montila - Director



S W Montila - Director


RAYFIELD ENTERPRISES LIMITED (REGISTERED NUMBER: 12337854)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Rayfield Enterprises 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 December 2022
and 30 November 2023 336,225
NET BOOK VALUE
At 30 November 2023 336,225
At 30 November 2022 336,225

Included in cost of land and buildings is freehold land of £ 336,225 (2022 - £ 336,225 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 2,377 2,377
Prepayments 902 902
3,279 3,279

RAYFIELD ENTERPRISES LIMITED (REGISTERED NUMBER: 12337854)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 29,283 29,283
Tax (1,893 ) (1,893 )
Directors' current accounts 90,383 90,383
Deferred income 3,739 3,739
Accrued expenses 3,580 3,580
125,092 125,092

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Other loans more 5yrs instal 322,377 322,377

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 322,377 322,377

8. SECURED DEBTS

A charge is registered over the Freehold land owned by the company.