REGISTERED NUMBER: 06360703 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 December 2024

for

Rainbird & Co Ifa Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs G Beaumont

S S Harding

REGISTERED OFFICE:

16 Berkeley Street

London

W1J 8DZ

REGISTERED NUMBER:

06360703 (England and Wales)

ACCOUNTANTS:

TC Bromhead Limited

Harscombe House

1 Darklake View

Plymouth

Devon

PL6 7TL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

737

-

737

CURRENT ASSETS

Debtors

6

375,090

164,293

Cash at bank

59,394

73,195

434,484

237,488

CREDITORS

Amounts falling due within one year

7

164,783

64,592

NET CURRENT ASSETS

269,701

172,896

TOTAL ASSETS LESS CURRENT LIABILITIES

269,701

173,633

PROVISIONS FOR LIABILITIES

-

184

NET ASSETS

269,701

173,449

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

269,501

173,249

269,701

173,449

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

S S Harding - Director

Mrs G Beaumont - Director

1.	STATUTORY INFORMATION

Rainbird & Co Ifa 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.

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.

On 1 April 2024 all trade and assets from the Company were transferred into One Four Nine Wealth Limited and therefore the financial statements have not been prepared on a going concern basis.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Goodwill

Goodwill arose from the amount paid in connection with the acquisition of the business in 2008. It has been fully amortised.

Tangible fixed assets

Tangible fixed assets are measured using the cost model. These assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows:

Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

56,600

Disposals

(56,600

)

At 31 December 2024

-

AMORTISATION

At 1 January 2024

56,600

Eliminated on disposal

(56,600

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

13,177

DEPRECIATION

At 1 January 2024

12,440

Charge for year

737

At 31 December 2024

13,177

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

737

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

333,864

153,864

Other debtors

41,226

10,429

375,090

164,293

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed to group undertakings

116,934

-

Taxation and social security

43,799

49,901

Other creditors

4,050

14,691

164,783

64,592

8.	PARENT ENTITES

The ultimate parent company, preparing the consolidated group accounts, is One Four Nine Holdings Ltd (FC039213). Their registered office is 2nd Floor, One The Esplanade, St Helier, Jersey, JE2 3QA, group accounts can be found on Companies House.