Company registration number 11166774 (England and Wales)
RACHAEL CURRIE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
RACHAEL CURRIE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
RACHAEL CURRIE LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,413
970
Current assets
Debtors
4
7,673
7,654
Cash at bank and in hand
246,592
202,396
254,265
210,050
Creditors: amounts falling due within one year
5
(14,278)
(22,424)
Net current assets
239,987
187,626
Net assets
241,400
188,596
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
241,300
188,496
Total equity
241,400
188,596
For the financial year ended 31 January 2025 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 of its financial statements for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 5 May 2025 and are signed on its behalf by:
Dr R Currie
Director
Company registration number 11166774 (England and Wales)
RACHAEL CURRIE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 2 -
1
Accounting policies
Company information
Rachael Currie Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Summit, Woodwater Park, Pynes Hill, Exeter, United Kingdom, EX2 5WS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
20% per annum on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Taxation
The tax expense represents the sum of the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
2
2
RACHAEL CURRIE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 3 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2024
1,378
Additions
765
At 31 January 2025
2,143
Depreciation and impairment
At 1 February 2024
408
Depreciation charged in the year
322
At 31 January 2025
730
Carrying amount
At 31 January 2025
1,413
At 31 January 2024
970
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
7,554
7,654
Other debtors
119
7,673
7,654
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
210
200
Taxation and social security
13,776
16,109
Other creditors
292
6,115
14,278
22,424