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REGISTERED NUMBER: 12716295 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

R&H VENTURES LIMITED

R&H VENTURES LIMITED (REGISTERED NUMBER: 12716295)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R&H VENTURES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: L A Albrecht
R Cole





REGISTERED OFFICE: Kavana
Ferry Avenue
Staines-upon-Thames
TW18 3LP





REGISTERED NUMBER: 12716295 (England and Wales)






R&H VENTURES LIMITED (REGISTERED NUMBER: 12716295)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109,675 109,787

CURRENT ASSETS
Debtors 5 50,000 64,199
Cash at bank 471 649
50,471 64,848
CREDITORS
Amounts falling due within one year 6 42,385 47,801
NET CURRENT ASSETS 8,086 17,047
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,761

126,834

CREDITORS
Amounts falling due after more than one year 7 69,563 71,812
NET ASSETS 48,198 55,022

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 48,196 55,020
SHAREHOLDERS' FUNDS 48,198 55,022

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 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.

R&H VENTURES LIMITED (REGISTERED NUMBER: 12716295)

BALANCE SHEET - 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 Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:





L A Albrecht - Director


R&H VENTURES LIMITED (REGISTERED NUMBER: 12716295)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

R&H Ventures 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
Fixtures and fittings - 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

R&H VENTURES LIMITED (REGISTERED NUMBER: 12716295)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 March 2023
and 29 February 2024 109,341 813 110,154
DEPRECIATION
At 1 March 2023 - 367 367
Charge for year - 112 112
At 29 February 2024 - 479 479
NET BOOK VALUE
At 29 February 2024 109,341 334 109,675
At 28 February 2023 109,341 446 109,787

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 50,000 64,199

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,250 2,250
Taxation and social security 5,121 12,801
Other creditors 35,014 32,750
42,385 47,801

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 69,563 71,812

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 60,563 62,812

R&H VENTURES LIMITED (REGISTERED NUMBER: 12716295)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 71,813 74,062

There is a fixed charge dated 15th January 2021 over all equipment and goods in favour of Nottingham Building Society.