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Company Registration No. 12871488 (England and Wales)
E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD Unaudited accounts for the year ended 31 December 2024
E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD Company Information for the year ended 31 December 2024
Directors
Mr Joseph Emery Mr Isaac Simpson
Company Number
12871488 (England and Wales)
Registered Office
117 Glenwood Crescent Chapeltown Sheffield S35 1YU England
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD for the year ended 31 December 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD, as a body, in accordance with the terms of our engagement letter dated 10 September 2020. Our work has been undertaken solely to prepare for your approval the accounts of E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD and state those matters that we have agreed to state to the Board of Directors of E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD. You consider that E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Chartered Certified Accountants 14 February 2025
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E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
118,036 
128,300 
Tangible assets
5
8,202 
10,002 
126,238 
138,302 
Current assets
Debtors
6
94,395 
76,402 
Cash at bank and in hand
16,647 
21,380 
111,042 
97,782 
Creditors: amounts falling due within one year
7
(87,725)
(93,799)
Net current assets
23,317 
3,983 
Net assets
149,555 
142,285 
Capital and reserves
Profit and loss account
149,555 
142,285 
Shareholders' funds
149,555 
142,285 
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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by
Mr Joseph Emery Director Company Registration No. 12871488
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E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD is a private company, limited by shares, registered in England and Wales, registration number 12871488. The registered office is 117 Glenwood Crescent, Chapeltown, Sheffield, S35 1YU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
140,000 
At 31 December 2024
140,000 
Amortisation
At 1 January 2024
11,700 
Charge for the year
10,264 
At 31 December 2024
21,964 
Net book value
At 31 December 2024
118,036 
At 31 December 2023
128,300 
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E & S RESTORATION LTD T/A RAINBOW RESTORATION LTD Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
18,140 
At 31 December 2024
18,140 
Depreciation
At 1 January 2024
8,138 
Charge for the year
1,800 
At 31 December 2024
9,938 
Net book value
At 31 December 2024
8,202 
At 31 December 2023
10,002 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,175 
Trade debtors
94,395 
74,227 
94,395 
76,402 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
20,000 
- 
VAT
6,854 
- 
Trade creditors
- 
15,058 
Amounts owed to group undertakings and other participating interests
- 
30,000 
Taxes and social security
19,618 
23,122 
Other creditors
2,970 
- 
Loans from directors
38,283 
22,737 
Accruals
- 
2,882 
87,725 
93,799 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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