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Company Registration No. 7578164 (England and Wales)
Rates&Rental Surveyors Ltd Unaudited accounts for the year ended 31 March 2024
Rates&Rental Surveyors Ltd Unaudited accounts Contents
Page
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Rates&Rental Surveyors Ltd Company Information for the year ended 31 March 2024
Directors
Danny Sadler Brett Armitage
Company Number
7578164 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU
Accountants
EJK Account Services Limited 11 Point Road Canvey Island Essex SS8 7RT
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Rates&Rental Surveyors Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
33,055 
7,403 
Current assets
Debtors
170,576 
66,612 
Cash at bank and in hand
41,031 
14,236 
211,607 
80,848 
Creditors: amounts falling due within one year
(65,316)
(20,713)
Net current assets
146,291 
60,135 
Total assets less current liabilities
179,346 
67,538 
Creditors: amounts falling due after more than one year
(121,560)
(85,401)
Net assets/(liabilities)
57,786 
(17,863)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
57,686 
(17,963)
Shareholders' funds
57,786 
(17,863)
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by
Brett Armitage Director Company Registration No. 7578164
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Rates&Rental Surveyors Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Rates&Rental Surveyors Ltd is a private company, limited by shares, registered in England and Wales, registration number 7578164. The registered office is 20-22 Wenlock Road, London, N1 7GU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2023
13,425 
Additions
32,897 
At 31 March 2024
46,322 
Depreciation
At 1 April 2023
6,022 
Charge for the year
7,245 
At 31 March 2024
13,267 
Net book value
At 31 March 2024
33,055 
At 31 March 2023
7,403 
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Rates&Rental Surveyors Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
47,857 
- 
Amounts falling due after more than one year
Other debtors
122,719 
66,612 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,783 
6,535 
Obligations under finance leases and hire purchase contracts
32,348 
- 
Taxes and social security
26,185 
14,178 
65,316 
20,713 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
22,500 
32,500 
Obligations under finance leases and hire purchase contracts
36,877 
3,980 
Other creditors
62,183 
48,921 
121,560 
85,401 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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