REGISTERED NUMBER: 10517741 (England and Wales)

RACH BROTHERS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L Rach

C Rach

REGISTERED OFFICE:

2nd Floor, One Hobbs House,

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

10517741 (England and Wales)

ACCOUNTANTS:

Albury Associates Limited

2nd Floor, One Hobbs House,

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

CURRENT ASSETS

Debtors

4

95,194

118,391

Cash at bank and in hand

185

1,120

95,379

119,511

CREDITORS

Amounts falling due within one year

5

39,493

59,384

NET CURRENT ASSETS

55,886

60,127

TOTAL ASSETS LESS CURRENT LIABILITIES

55,886

60,127

CREDITORS

Amounts falling due after more than one year

6

63,027

70,163

NET LIABILITIES

(7,141

)

(10,036

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(7,241

)

(10,136

)

SHAREHOLDERS' FUNDS

(7,141

)

(10,036

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 17 September 2025 and were signed on its behalf by:

L Rach - Director

1.	STATUTORY INFORMATION

Rach Brothers Limited 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Revenues are recognised when information technology consultancy services are invoiced to clients.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The Financial Statements have been prepared on a going concern basis, as the directors have confirmed that funds will continue to be made available for the company to meet its day to day commitments for the foreseeable future. The financial statements do not include any adjustments that may result from the withdrawal of this support and the directors are of the opinion that the going concern basis is therefore appropriate to the preparation of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by associates

75,431

98,675

Other debtors

19,763

19,716

95,194

118,391

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,648

10,180

Trade creditors

809

39,950

Amounts owed to associates

18,791

-

Taxation and social security

-

9

Other creditors

9,245

9,245

39,493

59,384

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

2,083

13,199

Amounts owed to associates

60,944

56,964

63,027

70,163

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary Shares

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 January 2024

(10,136

)

Profit for the year

2,895

At 31 December 2024

(7,241

)

9.	RELATED PARTY DISCLOSURES

At the year-end date, included within debtors, amount falling due within one year, is an amount of £75,431 (2023: £98,675) owed to Excess Equity Homes Limited a company in which the directors have beneficial interest.

This amount is unsecured, interest-free and repayable on demand.

At the year-end date, included within creditors, amount falling due within one year, is an amount of £18,791 (2023: £Nil) owed to Twin Technology Limited a company in which the directors have beneficial interest.

This amount is unsecured, interest-free and repayable on demand.

During the year, the turnover generated related to transactions with related entity in which some of the directors have beneficial interest.

At the year-end date, included within creditors, amount falling due within one year, is an amount of £2,620 (2023: £2,530) owed to the director L Rach.

This amount is unsecured, interest-free and payable on demand.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are L Rach and C Rach.