Company Registration No. 14776679 (England and Wales)
Rascals Newcastle Ltd
Unaudited accounts
for the year ended 30 April 2025
Rascals Newcastle Ltd
Unaudited accounts
Contents
Rascals Newcastle Ltd
Company Information
for the year ended 30 April 2025
Directors
Mr S Bentham
Mr C Christie
Company Number
14776679 (England and Wales)
Registered Office
48 LOW FRIAR STREET
NEWCASTLE UPON TYNE
NE1 5UE
ENGLAND
Accountants
LP Accountants Ltd
Unit E
Colima Avenue
Sunderland
Tyne & Wear
SR5 3XB
Rascals Newcastle Ltd
Statement of financial position
as at 30 April 2025
Tangible assets
6,964
7,763
Cash at bank and in hand
74,568
47,004
Creditors: amounts falling due within one year
(32,689)
(11,854)
Net current assets
48,126
35,308
Total assets less current liabilities
55,090
43,071
Creditors: amounts falling due after more than one year
(33,763)
(30,000)
Called up share capital
100
100
Profit and loss account
21,227
12,971
Shareholders' funds
21,327
13,071
For the year ending 30 April 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by
Mr C Christie
Director
Company Registration No. 14776679
Rascals Newcastle Ltd
Notes to the Accounts
for the year ended 30 April 2025
Rascals Newcastle Ltd is a private company, limited by shares, registered in England and Wales, registration number 14776679. The registered office is 48 LOW FRIAR STREET, NEWCASTLE UPON TYNE, NE1 5UE, 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 year, 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:
Fixtures & fittings
25% on the reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
-
9,011
748
9,759
Additions
412
-
1,099
1,511
At 30 April 2025
412
9,011
1,847
11,270
At 1 May 2024
-
1,811
185
1,996
Charge for the year
52
1,800
458
2,310
At 30 April 2025
52
3,611
643
4,306
At 30 April 2025
360
5,400
1,204
6,964
At 30 April 2024
-
7,200
563
7,763
Rascals Newcastle Ltd
Notes to the Accounts
for the year ended 30 April 2025
Amounts falling due within one year
Accrued income and prepayments
165
158
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
26,494
9,614
Loans from directors
658
1,220
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
33,763
30,000
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).