Registration number: 08381067

Rushaway Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Rushaway Ltd

Company Information

Directors

Shuna Wickham Mr Caerveth Wray Shewell-Cooper

Registered office

Arkley Manor Farm Rowley Lane Barnet Herts EN5 3HS

Accountants

Re:Accounts Limited Chartered AccountantsSuite 1C Meadway Court Rutherford Close Stevenage Hertfordshire SG1 2EF

Rushaway Ltd

(Registration number: 08381067)
Balance Sheet as at 31 January 2025

	Note	31 January 2025 £	31 January 2024 £
Fixed assets
Tangible assets	4	22,019	26,121
Current assets
Debtors	5	21,060	14,231
Cash at bank and in hand		60,540	50,408
		81,600	64,639
Creditors: Amounts falling due within one year	6	(36,759)	(24,122)
Net current assets		44,841	40,517
Net assets		66,860	66,638
Capital and reserves
Called up share capital	7	2	2
Retained earnings		66,858	66,636
Shareholders' funds		66,860	66,638

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 September 2025 and signed on its behalf by:
 

......................................... Shuna Wickham Director

......................................... Mr Caerveth Wray Shewell-Cooper Director

Rushaway Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Arkley Manor Farm
Rowley Lane
Barnet
Herts
EN5 3HS

These financial statements were authorised for issue by the Board on 17 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The accounts have been prepared in Sterling (£)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rent of containers and provision of associated services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Rushaway Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

2	Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	25% reducing balance
Computer equipment	3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Rushaway Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

2	Accounting policies (continued)

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 February 2024	833	63,969	64,802
Additions	-	9,910	9,910
At 31 January 2025	833	73,879	74,712
Depreciation
At 1 February 2024	639	38,042	38,681
Charge for the year	194	13,818	14,012
At 31 January 2025	833	51,860	52,693
Carrying amount
At 31 January 2025	-	22,019	22,019
At 31 January 2024	194	25,927	26,121

5

Debtors

Current	31 January 2025 £	31 January 2024 £
Trade debtors	19,331	11,020
Prepayments	1,729	1,594
Other debtors	-	1,617
	21,060	14,231

Rushaway Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

6

Creditors

Creditors: amounts falling due within one year

	31 January 2025 £	31 January 2024 £
Due within one year
Trade creditors	5,404	239
Taxation and social security	9,317	3,999
Accruals and deferred income	1,166	1,019
Other creditors	20,872	18,865
	36,759	24,122

7	Share capital

Allotted, called up and fully paid shares

	31 January 2025		31 January 2024
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

8

Dividends

Final dividends paid

		31 January 2025 £		31 January 2024 £
Final dividend of £10,000.00 (2024 - £Nil) per each Ordinary		20,000		-

Interim dividends paid

		31 January 2025 £		31 January 2024 £
Interim dividend of 7,000.00 (2024 - 5,000.00) per each Ordinary		14,000		10,000

Rushaway Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

9	Related party transactions

Included within creditors at the year end was amounts owed to the directors totalling £19,266 (2024; £18,642). The loans were interest free with no fixed date for repayment.

The company paid the directors' mother £6,000 (2023; £3,600) for rent to the company. The directors believe that the rent was charged at full market rate.

During the year, one of the directors provided maintenance services to the company totalling £20,965 (2024; £23,935). These services were provided on an arms length basis. Sales to the directors totalled £3,450 (2024; £2,875l). All sales were provided at market value on an arms length basis.

Rushaway Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

9	Related party transactions (continued)

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	6,195	4,564