2023-08-01 2024-07-31 false No description of principal activity Acting Office - Tax and Accounts 1.0 09696077 bus:FullAccounts 2023-08-01 2024-07-31 09696077 bus:Micro-entities 2023-08-01 2024-07-31 09696077 bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09696077 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09696077 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09696077 2023-08-01 2024-07-31 09696077 2024-07-31 09696077 bus:RegisteredOffice 2023-08-01 2024-07-31 09696077 core:WithinOneYear 2024-07-31 09696077 core:AfterOneYear 2024-07-31 09696077 2022-08-01 09696077 bus:Director1 2023-08-01 2024-07-31 09696077 bus:Director1 2024-07-31 09696077 bus:Director1 2022-08-01 2023-07-31 09696077 bus:CompanySecretary1 2023-08-01 2024-07-31 09696077 bus:LeadAgentIfApplicable 2023-08-01 2024-07-31 09696077 2022-08-01 2023-07-31 09696077 2023-07-31 09696077 core:WithinOneYear 2023-07-31 09696077 core:AfterOneYear 2023-07-31 09696077 bus:EntityAccountantsOrAuditors 2022-08-01 2023-07-31 09696077 core:PlantMachinery 2023-08-01 2024-07-31 09696077 core:PlantMachinery 2024-07-31 09696077 core:PlantMachinery 2023-07-31 09696077 core:ComputerEquipment 2023-08-01 2024-07-31 09696077 core:ComputerEquipment 2024-07-31 09696077 core:ComputerEquipment 2023-07-31 09696077 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-07-31 09696077 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 09696077 core:Goodwill 2023-08-01 2024-07-31 09696077 core:Goodwill 2024-07-31 09696077 core:Goodwill 2023-07-31 09696077 core:CostValuation core:Non-currentFinancialInstruments 2024-07-31 09696077 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 09696077 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-07-31 09696077 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 09696077 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 09696077 core:Non-currentFinancialInstruments 2024-07-31 09696077 core:Non-currentFinancialInstruments 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 09696077
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 July 2024

for

RASCO SERVICES LTD

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 1,171  1,329 
Current assets 2,965  13,692 
Creditors: amount falling due within one year (40,822) (29,084)
Net current assets (37,857) (15,392)
Total assets less current liabilities (36,686) (14,063)
Creditors: amount falling due after more than one year (6,051) (7,489)
Net assets (42,737) (21,552)
 
Capital and reserves (42,737) (21,552)
 
  1. For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Ralph Allen Sheridan
Director

Date approved: 10 June 2025
1
Statutory Information
RASCO SERVICES LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 09696077, registration address 42 Shoesmith Lane, Kings Hill, West Malling, ME19 4FF, England.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery25% Reducing Balance
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2.

Average number of employees

Average number of employees during the year were 2 (2023: 2).
2