Acorah Software Products - Accounts Production 15.0.400 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10247349 Mr Edward Rankin Edward Rankin true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10247349 2023-06-30 10247349 2024-06-30 10247349 2023-07-01 2024-06-30 10247349 frs-core:CurrentFinancialInstruments 2024-06-30 10247349 frs-core:Non-currentFinancialInstruments 2024-06-30 10247349 frs-core:ComputerEquipment 2024-06-30 10247349 frs-core:ComputerEquipment 2023-07-01 2024-06-30 10247349 frs-core:ComputerEquipment 2023-06-30 10247349 frs-core:MotorVehicles 2024-06-30 10247349 frs-core:MotorVehicles 2023-07-01 2024-06-30 10247349 frs-core:MotorVehicles 2023-06-30 10247349 frs-core:PlantMachinery 2024-06-30 10247349 frs-core:PlantMachinery 2023-07-01 2024-06-30 10247349 frs-core:PlantMachinery 2023-06-30 10247349 frs-core:ShareCapital 2024-06-30 10247349 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10247349 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10247349 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10247349 frs-bus:SmallEntities 2023-07-01 2024-06-30 10247349 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10247349 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10247349 1 2023-07-01 2024-06-30 10247349 frs-bus:Director1 2023-07-01 2024-06-30 10247349 frs-countries:EnglandWales 2023-07-01 2024-06-30 10247349 2022-06-30 10247349 2023-06-30 10247349 2022-07-01 2023-06-30 10247349 frs-core:CurrentFinancialInstruments 2023-06-30 10247349 frs-core:Non-currentFinancialInstruments 2023-06-30 10247349 frs-core:ShareCapital 2023-06-30 10247349 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10247349
Rankin Demolition & Dismantling Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Yates & Co (Accountants) Limited
Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10247349
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,890 11,357
8,890 11,357
CURRENT ASSETS
Stocks 5 - 4,380
Debtors 6 50,442 8,559
Cash at bank and in hand 9,722 911
60,164 13,850
Creditors: Amounts Falling Due Within One Year 7 (139,408 ) (108,119 )
NET CURRENT ASSETS (LIABILITIES) (79,244 ) (94,269 )
TOTAL ASSETS LESS CURRENT LIABILITIES (70,354 ) (82,912 )
Creditors: Amounts Falling Due After More Than One Year 8 (35,917 ) (42,047 )
NET LIABILITIES (106,271 ) (124,959 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (106,272 ) (124,960 )
SHAREHOLDERS' FUNDS (106,271) (124,959)
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Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Edward Rankin
Director
30/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rankin Demolition & Dismantling Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10247349 . The registered office is 7 St. Georges Yard, Castle Street, Farnham, Surrey, GU9 7LW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery Depn 25% reducing balance
Motor Vehicles Depn 25% reducing balance
Computer Equipment Depn 25% reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 1,130 18,226 816 20,172
Additions - - 470 470
As at 30 June 2024 1,130 18,226 1,286 20,642
Depreciation
As at 1 July 2023 746 7,562 507 8,815
Provided during the period 96 2,666 175 2,937
As at 30 June 2024 842 10,228 682 11,752
Net Book Value
As at 30 June 2024 288 7,998 604 8,890
As at 1 July 2023 384 10,664 309 11,357
5. Stocks
2024 2023
£ £
Work in progress - 4,380
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 45,662 600
Other debtors 4,780 7,959
50,442 8,559
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,081 5,548
Bank loans and overdrafts 7,183 7,639
Other creditors 113,268 94,932
Taxation and social security 14,876 -
139,408 108,119
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 35,917 42,047
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Ultimate Controlling Party
The company's ultimate controlling party is Edward Rankin by virtue of his ownership of 100% of the issued share capital in the company.
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