The Rare Brand Market Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08222551

THE RARE BRAND MARKET LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2024

THE RARE BRAND MARKET LTD

STATEMENT OF FINANCIAL POSITION

31 December 2024

	2024		2023
	£	£	£
Fixed assets		123,285	137,018
		----------	----------

Current assets	65,451		61,678
Prepayments and accrued income	19,465		20,935
	---------		---------
		84,916	82,613

Creditors: amounts falling due within one year	216,456	377,250
	----------	----------
Net current liabilities	131,540	294,637
	----------	----------
Total assets less current liabilities	( 8,255)	( 157,619)

Creditors: amounts falling due after more than one year		612,711	209,075

Accruals and deferred income	12,659	11,816
	----------	----------
	(633,625)	(378,510)
	----------	----------

Capital and reserves	( 633,625)	( 378,510)
	----------	----------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to 18 (2023: 17 ).

2. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2024
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
E J Schwarz	( 193,037)	( 226,183)	( 419,220)
	----------	----------	----------

	2023
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
E J Schwarz	( 36,655)	( 156,382)	( 193,037)
	---------	----------	----------

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

E J Schwarz
Director

Company registration number: 08222551

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 168 Church Road, Hove, East Sussex, BN3 2DL.