IRIS Accounts Production v24.3.2.46 08776641 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087766412023-03-31087766412024-03-31087766412023-04-012024-03-31087766412022-03-31087766412022-04-012023-03-31087766412023-03-3108776641ns15:EnglandWales2023-04-012024-03-3108776641ns14:PoundSterling2023-04-012024-03-3108776641ns10:Director12023-04-012024-03-3108776641ns10:Director22023-04-012024-03-3108776641ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108776641ns10:SmallEntities2023-04-012024-03-3108776641ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108776641ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108776641ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108776641ns10:FullAccounts2023-04-012024-03-3108776641ns10:OrdinaryShareClass12023-04-012024-03-3108776641ns10:OrdinaryShareClass22023-04-012024-03-3108776641ns10:RegisteredOffice2023-04-012024-03-3108776641ns5:CurrentFinancialInstruments2024-03-3108776641ns5:CurrentFinancialInstruments2023-03-3108776641ns5:Non-currentFinancialInstruments2024-03-3108776641ns5:Non-currentFinancialInstruments2023-03-3108776641ns5:ShareCapital2024-03-3108776641ns5:ShareCapital2023-03-3108776641ns5:RetainedEarningsAccumulatedLosses2024-03-3108776641ns5:RetainedEarningsAccumulatedLosses2023-03-3108776641ns5:FurnitureFittings2023-04-012024-03-3108776641ns5:MotorVehicles2023-04-012024-03-3108776641ns5:ComputerEquipment2023-04-012024-03-3108776641ns5:FurnitureFittings2023-03-3108776641ns5:MotorVehicles2023-03-3108776641ns5:ComputerEquipment2023-03-3108776641ns5:FurnitureFittings2024-03-3108776641ns5:MotorVehicles2024-03-3108776641ns5:ComputerEquipment2024-03-3108776641ns5:FurnitureFittings2023-03-3108776641ns5:MotorVehicles2023-03-3108776641ns5:ComputerEquipment2023-03-3108776641ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108776641ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3108776641ns10:OrdinaryShareClass12024-03-3108776641ns10:OrdinaryShareClass22024-03-31
REGISTERED NUMBER: 08776641 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Rainbows House Limited

Rainbows House Limited (Registered number: 08776641)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Rainbows House Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr R A Sidebottom
Ms N A P West





REGISTERED OFFICE: Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW





REGISTERED NUMBER: 08776641 (England and Wales)





ACCOUNTANTS: Harris & Co Limited
Chartered Accountants
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

Rainbows House Limited (Registered number: 08776641)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 13,328 4,978

CURRENT ASSETS
Debtors 6 34,155 22,024
Cash at bank and in hand 65,668 46,826
99,823 68,850
CREDITORS
Amounts falling due within one year 7 94,342 109,314
NET CURRENT ASSETS/(LIABILITIES) 5,481 (40,464 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,809

(35,486

)

CREDITORS
Amounts falling due after more than one
year

8

11,217

20,853
NET ASSETS/(LIABILITIES) 7,592 (56,339 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 7,492 (56,439 )
SHAREHOLDERS' FUNDS 7,592 (56,339 )

Rainbows House Limited (Registered number: 08776641)

Statement of Financial Position - continued
31 March 2024


The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by:




Mr R A Sidebottom - Director



Ms N A P West - Director


Rainbows House Limited (Registered number: 08776641)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Rainbows House 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.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates
The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents amounts earned on services provided during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - straight line over 3 years

All fixed assets are initially recorded at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Rainbows House Limited (Registered number: 08776641)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 18 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 13,245 - 304 13,549
Additions - 11,490 - 11,490
At 31 March 2024 13,245 11,490 304 25,039
DEPRECIATION
At 1 April 2023 8,267 - 304 8,571
Charge for year 746 2,394 - 3,140
At 31 March 2024 9,013 2,394 304 11,711
NET BOOK VALUE
At 31 March 2024 4,232 9,096 - 13,328
At 31 March 2023 4,978 - - 4,978

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 31,167 21,674
Other debtors 2,988 350
34,155 22,024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,679 10,928
Trade creditors 2,580 2,400
Taxation and social security 2,969 3,507
Other creditors 78,114 92,479
94,342 109,314

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 11,217 20,853

Rainbows House Limited (Registered number: 08776641)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
51 Ordinary A £1 51 51
49 Ordinary B £1 49 49
100 100