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REGISTERED NUMBER: 06572102 (England and Wales)







Financial Statements for the Year Ended 30th April 2024

for

Rabbette Ltd

Rabbette Ltd (Registered number: 06572102)






Contents of the Financial Statements
for the Year Ended 30th April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Rabbette Ltd

Company Information
for the Year Ended 30th April 2024







DIRECTORS: P A Rabbette
C G Rabbette
C J Rabbette





REGISTERED OFFICE: Beech House
7 Wick Road
Little Comberton
Pershore
Worcestershire
WR10 3EG





REGISTERED NUMBER: 06572102 (England and Wales)





ACCOUNTANTS: The Richards Sandy Partnership
Thorneloe House
25 Barbourne Road
Worcester
Worcestershire
WR1 1RU

Rabbette Ltd (Registered number: 06572102)

Abridged Balance Sheet
30th April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,400 17,800
Tangible assets 5 52,103 31,408
62,503 49,208

CURRENT ASSETS
Debtors 314,067 104,985
Cash at bank 377,697 370,583
691,764 475,568
CREDITORS
Amounts falling due within one year 260,223 154,647
NET CURRENT ASSETS 431,541 320,921
TOTAL ASSETS LESS CURRENT
LIABILITIES

494,044

370,129

PROVISIONS FOR LIABILITIES 9,584 2,781
NET ASSETS 484,460 367,348

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 484,360 367,248
SHAREHOLDERS' FUNDS 484,460 367,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th January 2025 and were signed on its behalf by:



P A Rabbette - Director


Rabbette Ltd (Registered number: 06572102)

Notes to the Financial Statements
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Rabbette Ltd 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.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 8 (2023 - 8 ) .

Rabbette Ltd (Registered number: 06572102)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st May 2023
and 30th April 2024 73,006
AMORTISATION
At 1st May 2023 55,206
Amortisation for year 7,400
At 30th April 2024 62,606
NET BOOK VALUE

At 30th April 2024 10,400
At 30th April 2023 17,800

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st May 2023 86,801
Additions 33,850
At 30th April 2024 120,651
DEPRECIATION
At 1st May 2023 55,393
Charge for year 13,155
At 30th April 2024 68,548
NET BOOK VALUE
At 30th April 2024 52,103
At 30th April 2023 31,408

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th April 2024 and 30th April 2023:

2024 2023
£    £   
P A Rabbette
Balance outstanding at start of year (5,500 ) (527 )
Amounts advanced 109,905 -
Amounts repaid (4,819 ) (4,973 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 99,586 (5,500 )

Loans included within debtors are repayable on demand with interest being charged at 2.25%.