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Company Registration No. 04763300 (England and Wales)
Range Fires Limited Unaudited accounts for the year ended 30 June 2024
Range Fires Limited Unaudited accounts Contents
Page
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Range Fires Limited Company Information for the year ended 30 June 2024
Director
Mrs J Johnson
Company Number
04763300 (England and Wales)
Registered Office
300-302 BOOTHFERRY ROAD HESSLE EAST YORKSHIRE HU13 7AR
Accountants
Westlands Chartered Accountants McMillan House 6 Wolfreton Drive Anlaby East Riding of Yorkshire HU10 7BY
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Range Fires Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
354,048 
355,397 
Current assets
Inventories
- 
3,000 
Debtors
15,889 
10,588 
Cash at bank and in hand
126,538 
92,341 
142,427 
105,929 
Creditors: amounts falling due within one year
(282,185)
(382,387)
Net current liabilities
(139,758)
(276,458)
Total assets less current liabilities
214,290 
78,939 
Creditors: amounts falling due after more than one year
(22,452)
(23,665)
Net assets
191,838 
55,274 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
191,738 
55,174 
Shareholders' funds
191,838 
55,274 
For the year ending 30 June 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 director acknowledges her 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 and authorised for issue on 12 March 2025 and were signed on its behalf by
Mrs J Johnson Director Company Registration No. 04763300
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Range Fires Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Range Fires Limited is a private company, limited by shares, registered in England and Wales, registration number 04763300. The registered office is 300-302 BOOTHFERRY ROAD, HESSLE, EAST YORKSHIRE, HU13 7AR.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0% provided
Motor vehicles
25% on reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Range Fires Limited Notes to the Accounts for the year ended 30 June 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
350,000 
9,594 
359,594 
At 30 June 2024
350,000 
9,594 
359,594 
Depreciation
At 1 July 2023
- 
4,197 
4,197 
Charge for the year
- 
1,349 
1,349 
At 30 June 2024
- 
5,546 
5,546 
Net book value
At 30 June 2024
350,000 
4,048 
354,048 
At 30 June 2023
350,000 
5,397 
355,397 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,889 
10,588 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
7,522 
54,170 
Taxes and social security
19,825 
84,207 
Other creditors
52,461 
52,315 
Loans from directors
201,777 
191,095 
Accruals
600 
600 
282,185 
382,387 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
22,452 
23,665 
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Range Fires Limited Notes to the Accounts for the year ended 30 June 2024
8
Controlling party
The company is under the control of Mrs J Johnson, the sole director and shareholder of the company.
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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