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Company Registration No. 08856488 (England and Wales)
Rush Electrics Limited Unaudited accounts for the period from 1 April 2023 to 30 March 2024
Rush Electrics Limited Unaudited accounts Contents
Page
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Rush Electrics Limited Company Information for the period from 1 April 2023 to 30 March 2024
Director
B A Rush
Company Number
08856488 (England and Wales)
Registered Office
40 Red Kite Way High Wycombe Buckinghamshire HP13 5SF England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Rush Electrics Limited Statement of financial position as at 30 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
65,338 
16,346 
Current assets
Inventories
2,197 
2,197 
Debtors
30,352 
32,105 
Cash at bank and in hand
73,108 
108,543 
105,657 
142,845 
Creditors: amounts falling due within one year
(5,573)
(51,691)
Net current assets
100,084 
91,154 
Net assets
165,422 
107,500 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
164,422 
106,500 
Shareholders' funds
165,422 
107,500 
For the period ending 30 March 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 16 April 2025 and were signed on its behalf by
B A Rush Director Company Registration No. 08856488
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Rush Electrics Limited Notes to the Accounts for the period from 1 April 2023 to 30 March 2024
1
Statutory information
Rush Electrics Limited is a private company, limited by shares, registered in England and Wales, registration number 08856488. The registered office is 40 Red Kite Way, High Wycombe, Buckinghamshire, HP13 5SF, 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.
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 period, 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.
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
20% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
33.33% on cost
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
22,060 
12,908 
- 
- 
34,968 
Additions
- 
49,928 
1,095 
4,817 
55,840 
At 30 March 2024
22,060 
62,836 
1,095 
4,817 
90,808 
Depreciation
At 1 April 2023
13,976 
4,646 
- 
- 
18,622 
Charge for the period
2,021 
4,296 
185 
346 
6,848 
At 30 March 2024
15,997 
8,942 
185 
346 
25,470 
Net book value
At 30 March 2024
6,063 
53,894 
910 
4,471 
65,338 
At 31 March 2023
8,084 
8,262 
- 
- 
16,346 
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Rush Electrics Limited Notes to the Accounts for the period from 1 April 2023 to 30 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
14,152 
- 
Trade debtors
- 
15,905 
Other debtors
16,200 
16,200 
30,352 
32,105 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
3,183 
Trade creditors
- 
18,479 
Taxes and social security
4,276 
22,882 
Loans from directors
302 
4,747 
Accruals
995 
2,400 
5,573 
51,691 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
B A Rush
Director's Loan Account
(4,747)
(11,472)
(15,917)
(302)
(4,747)
(11,472)
(15,917)
(302)
9
Average number of employees
During the period the average number of employees was 0 (2023: 0).
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