Company Registration No. 12679294 (England and Wales)
Raenem Contracting Services Limited
Unaudited accounts
for the year ended 30 June 2024
Raenem Contracting Services Limited
Unaudited accounts
Contents
Raenem Contracting Services Limited
Company Information
for the year ended 30 June 2024
Company Number
12679294 (England and Wales)
Registered Office
49 Pemberton Road
Consett
County Durham
DH8 8JL
England
Accountants
Genesis Accountants
G21 Amber Court
William Armstrong Drive
Newcastle Upon Tyne
NE4 7YA
Raenem Contracting Services Limited
Statement of financial position
as at 30 June 2024
Tangible assets
31,166
40,066
Cash at bank and in hand
1,482
3,419
Creditors: amounts falling due within one year
(36,409)
(33,304)
Net current liabilities
(26,011)
(29,885)
Total assets less current liabilities
5,155
10,181
Creditors: amounts falling due after more than one year
-
(9,204)
Called up share capital
100
100
Profit and loss account
5,055
877
Shareholders' funds
5,155
977
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 his 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 2 December 2024 and were signed on its behalf by
Simon Menear
Director
Company Registration No. 12679294
Raenem Contracting Services Limited
Notes to the Accounts
for the year ended 30 June 2024
Raenem Contracting Services Limited is a private company, limited by shares, registered in England and Wales, registration number 12679294. The registered office is 49 Pemberton Road, Consett, County Durham, DH8 8JL, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
33% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
26,500
43,918
-
70,418
At 30 June 2024
26,500
43,918
1,666
72,084
At 1 July 2023
10,628
19,724
-
30,352
Charge for the year
3,968
6,048
550
10,566
At 30 June 2024
14,596
25,772
550
40,918
At 30 June 2024
11,904
18,146
1,116
31,166
At 30 June 2023
15,872
24,194
-
40,066
Amounts falling due within one year
Raenem Contracting Services Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
16,845
12,207
Loans from directors
11,829
7,381
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
9,204
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).