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Registered number: 13811610
Rainbow Investment Property Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 13811610
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 173,911 173,911
173,911 173,911
CURRENT ASSETS
Cash at bank and in hand 6,197 12,102
6,197 12,102
Creditors: Amounts Falling Due Within One Year 5 (237,989 ) (214,920 )
NET CURRENT ASSETS (LIABILITIES) (231,792 ) (202,818 )
TOTAL ASSETS LESS CURRENT LIABILITIES (57,881 ) (28,907 )
NET LIABILITIES (57,881 ) (28,907 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (57,981 ) (29,007 )
SHAREHOLDERS' FUNDS (57,881) (28,907)
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Marie Michelle Neupane
Director
23/09/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rainbow Investment Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13811610 . The registered office is 20 Blorenge Road, Abergavenny, Wales, NP7 5TA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the rent received or receivables during the year.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 173,911
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,200 600
Director's loan account 89,878 91,720
Amounts owed to connected company 146,911 122,600
237,989 214,920
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3