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
Rush Electrics Limited
Company Information
for the period from 1 April 2023 to 30 March 2024
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
Rush Electrics Limited
Statement of financial position
as at 30 March 2024
Tangible assets
65,338
16,346
Cash at bank and in hand
73,108
108,543
Creditors: amounts falling due within one year
(5,573)
(51,691)
Net current assets
100,084
91,154
Net assets
165,422
107,500
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
Rush Electrics Limited
Notes to the Accounts
for the period from 1 April 2023 to 30 March 2024
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.
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.
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
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
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
At 30 March 2024
6,063
53,894
910
4,471
65,338
At 31 March 2023
8,084
8,262
-
-
16,346
Rush Electrics Limited
Notes to the Accounts
for the period from 1 April 2023 to 30 March 2024
Amounts falling due within one year
Other debtors
16,200
16,200
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,276
22,882
Loans from directors
302
4,747
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan Account
(4,747)
(11,472)
(15,917)
(302)
(4,747)
(11,472)
(15,917)
(302)
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Average number of employees
During the period the average number of employees was 0 (2023: 0).