Company Registration No. 6881179 (England and Wales)
Rahilly Plant Ltd
Unaudited accounts
for the year ended 30 April 2024
Rahilly Plant Ltd
Unaudited accounts
Contents
Rahilly Plant Ltd
Company Information
for the year ended 30 April 2024
Directors
John Rahilly
Daniel Rahilly
Company Number
6881179 (England and Wales)
Registered Office
15a Walm Lane
London
NW2 5SJ
England and Wales
Accountants
Schiavi Pole Brett Ltd
15A Walm Lane
London
NW2 5SJ
Rahilly Plant Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
513,050
587,821
Cash at bank and in hand
1,049
4,492
Creditors: amounts falling due within one year
(448,570)
(525,786)
Net current liabilities
(223,856)
(298,950)
Total assets less current liabilities
289,194
288,871
Creditors: amounts falling due after more than one year
(255,981)
(273,679)
Called up share capital
2
2
Profit and loss account
33,211
15,190
Shareholders' funds
33,213
15,192
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by
John Rahilly
Director
Company Registration No. 6881179
Rahilly Plant Ltd
Notes to the Accounts
for the year ended 30 April 2024
Rahilly Plant Ltd is a private company, limited by shares, registered in England and Wales, registration number 6881179. The registered office is 15a Walm Lane, London, NW2 5SJ, England and Wales.
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
7.5% Straight line
Motor vehicles
20% Reducing balance
Fixtures & fittings
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
900,207
10,486
5,126
915,819
Additions
90,420
-
-
90,420
Disposals
(189,037)
(10,486)
-
(199,523)
At 30 April 2024
801,590
-
5,126
806,716
At 1 May 2023
318,426
5,821
3,751
327,998
Charge for the year
91,728
52
344
92,124
On disposals
(120,583)
(5,873)
-
(126,456)
At 30 April 2024
289,571
-
4,095
293,666
At 30 April 2024
512,019
-
1,031
513,050
At 30 April 2023
581,781
4,665
1,375
587,821
Rahilly Plant Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
113,345
158,928
Accrued income and prepayments
3,000
3,016
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,200
7,200
Obligations under finance leases and hire purchase contracts
149,100
197,889
Trade creditors
163,331
123,335
Taxes and social security
76,282
99,151
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
74,809
130,382
Loans from directors
149,331
105,204
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).