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REGISTERED NUMBER: 06988448 (England and Wales)















RHINO ESTATES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024






RHINO ESTATES LIMITED (REGISTERED NUMBER: 06988448)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RHINO ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: Mr D J Finch
Mr I J Warren





SECRETARY: Mrs M Finch





REGISTERED OFFICE: Unit B4, Laser Quay, Culpeper Close,
Medway City Estate
Rochester
Kent
ME2 4HU





REGISTERED NUMBER: 06988448 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur's Court
Maidstone Road
Charing
Kent
TN27 0JS

RHINO ESTATES LIMITED (REGISTERED NUMBER: 06988448)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 214,490 220,138

CURRENT ASSETS
Cash at bank 563 868

CREDITORS
Amounts falling due within one year 5 65,370 53,961
NET CURRENT LIABILITIES (64,807 ) (53,093 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

149,683

167,045

CREDITORS
Amounts falling due after more than one
year

6

98,024

111,700
NET ASSETS 51,659 55,345

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 51,559 55,245
SHAREHOLDERS' FUNDS 51,659 55,345

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

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

RHINO ESTATES LIMITED (REGISTERED NUMBER: 06988448)

BALANCE SHEET - continued
31 OCTOBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:




Mr D J Finch - Director



Mr I J Warren - Director


RHINO ESTATES LIMITED (REGISTERED NUMBER: 06988448)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Rhino Estates 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 November 2023
and 31 October 2024 282,262
DEPRECIATION
At 1 November 2023 62,124
Charge for year 5,648
At 31 October 2024 67,772
NET BOOK VALUE
At 31 October 2024 214,490
At 31 October 2023 220,138

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,573 9,470
Trade creditors 465 -
Amounts owed to group undertakings - 38,487
Amounts owed to associates 48,210 -
Corporation Tax 654 1,536
Sundry creditors 1,000 1,000
Directors' current accounts 3,468 3,468
65,370 53,961

RHINO ESTATES LIMITED (REGISTERED NUMBER: 06988448)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 98,024 111,700

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 109,597 121,170

Barclays bank hold charge over the freehold properties, shown under the fixed assets section. The directors, Mr D Finch and Mr I Warren have also given personal guarantees against this debt.

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr D Finch and Mr I Warren.