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REGISTERED NUMBER: 08728411 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

RAINFORD'S BUILDING SERVICES LTD

RAINFORD'S BUILDING SERVICES LTD (REGISTERED NUMBER: 08728411)

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


RAINFORD'S BUILDING SERVICES LTD

COMPANY INFORMATION
for the Year Ended 31 October 2024







DIRECTOR: I Rainford





REGISTERED OFFICE: Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB





REGISTERED NUMBER: 08728411 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB

RAINFORD'S BUILDING SERVICES LTD (REGISTERED NUMBER: 08728411)

BALANCE SHEET
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 40,876 47,189

CURRENT ASSETS
Stocks 18,900 21,000
Debtors 6 3,678 485,640
Cash at bank 6,037 2,353
28,615 508,993
CREDITORS
Amounts falling due within one year 7 34,253 15,374
NET CURRENT (LIABILITIES)/ASSETS (5,638 ) 493,619
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,238

540,808

CREDITORS
Amounts falling due after more than one
year

8

168,209

660,535
NET LIABILITIES (132,971 ) (119,727 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (132,973 ) (119,729 )
(132,971 ) (119,727 )

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 director acknowledges his 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.

RAINFORD'S BUILDING SERVICES LTD (REGISTERED NUMBER: 08728411)

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 director and authorised for issue on 23 July 2025 and were signed by:





I Rainford - Director


RAINFORD'S BUILDING SERVICES LTD (REGISTERED NUMBER: 08728411)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024


1. STATUTORY INFORMATION

Rainford's Building Services Ltd 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS102 Section 1A for small entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 15% on reducing balance

Stocks
Stocks have been valued at the lower of cost and estimated selling price, less costs to sell. In respect of work in progress and finished goods, cost included a relevant proportion of overheads according to the stage of manufacture/completion.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Deferred taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

RAINFORD'S BUILDING SERVICES LTD (REGISTERED NUMBER: 08728411)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024


3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other intangible assets. The related obligations, net of future finance charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2023 114,748 81,513 196,261
Additions 5,034 - 5,034
At 31 October 2024 119,782 81,513 201,295
DEPRECIATION
At 1 November 2023 87,208 61,864 149,072
Charge for year 6,824 4,523 11,347
At 31 October 2024 94,032 66,387 160,419
NET BOOK VALUE
At 31 October 2024 25,750 15,126 40,876
At 31 October 2023 27,540 19,649 47,189

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 2,700 474,476
VAT 978 11,164
3,678 485,640

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 27,397 12,536
Other creditors 5,356 1,338
Accrued expenses 1,500 1,500
34,253 15,374

RAINFORD'S BUILDING SERVICES LTD (REGISTERED NUMBER: 08728411)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Directors loan account 168,209 660,535