Rapid Supplies Leeds Ltd 15751409 ratail sale via mail order houses and via internet false 1 June 2024 15751409 2024-06-01 2025-05-31 15751409 2024-05-31 15751409 2025-05-31 15751409 frs102-bus:FRS102 2024-06-01 2025-05-31 15751409 frs102-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 15751409 frs102-bus:FullAccounts 2024-06-01 2025-05-31 15751409 frs102-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 15751409 frs102-core:CurrentFinancialInstruments 2025-05-31 15751409 frs102-core:Non-currentFinancialInstruments 2025-05-31 15751409 frs102-core:ShareCapital 2025-05-31 15751409 frs102-core:RetainedEarningsAccumulatedLosses 2025-05-31 15751409 frs102-bus:Director1 2024-06-01 2025-05-31 15751409 frs102-core:ComputerEquipment 2024-06-01 2025-05-31 15751409 frs102-core:Vehicles 2024-06-01 2025-05-31 15751409 frs102-core:ComputerEquipment 2025-05-31 15751409 frs102-core:Vehicles 2025-05-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
15751409
Rapid Supplies Leeds Ltd
Unaudited Accounts
for the year ended
31 May 2025
Rapid Supplies Leeds Ltd
Balance Sheet
as at 31 May 2025
Notes
2025
£
Fixed assets
Tangible assets 4 4,920
4,920
Current assets
Stocks 2,425
Cash at bank and in hand 11,732
14,157
Creditors: amounts falling due within one year 5 (3,098)
Net current assets / (liabilities) 11,059
Total assets less current liabilities 15,979
Creditors: amounts falling due after more than one year 6 (15,785)
Provisions for liabilities (0)
Total net assets (liabilities) 194
Capital and reserves
Called up share capital 100
Profit and loss account 94
Shareholders' funds 194

Rapid Supplies Leeds Ltd
Balance Sheet
as at 31 May 2025



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 May 2025 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr C Bennett

Director


Approved by the board on 13 August 2025

Company Number: 15751409 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

3b Elland Road
Leeds
LS27 7SY
England

Rapid Supplies Leeds Ltd
Notes to the Accounts
for the year ended 31 May 2025

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 18% Reducing Balance
Vehicles 18% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
2. Profit or loss

Profit before tax is stated after charging the following:

2025
£

3. Employees
2025
Average number of employees during the period 0

4. Tangible fixed assets
Computer equipment Vehicles Total
Cost or valuation £ £ £
Additions 1,500 4,500 6,000
At 31 May 2025 1,500 4,500 6,000
Depreciation
Charge for the period 270 810 1,080
At 31 May 2025 270 810 1,080
Net book value
At 31 May 2025 1,230 3,690 4,920
At 31 May 2024 0 0 0

5. Creditors: amounts falling due within one year
2025
£
Trade creditors 1,200
Taxation & social security 1,898
3,098

6. Creditors: amounts falling due after one year
2025
£
Other 15,785
15,785