Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 3 2024-04-01 false 3 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09315709 2024-04-01 2025-03-31 09315709 2023-04-01 2024-03-31 09315709 2025-03-31 09315709 2024-03-31 09315709 c:Director2 2024-04-01 2025-03-31 09315709 d:CurrentFinancialInstruments 2025-03-31 09315709 d:CurrentFinancialInstruments 2024-03-31 09315709 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 09315709 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09315709 d:ShareCapital 2025-03-31 09315709 d:ShareCapital 2024-03-31 09315709 d:RetainedEarningsAccumulatedLosses 2025-03-31 09315709 d:RetainedEarningsAccumulatedLosses 2024-03-31 09315709 c:OrdinaryShareClass1 2024-04-01 2025-03-31 09315709 c:OrdinaryShareClass1 2025-03-31 09315709 c:OrdinaryShareClass1 2024-03-31 09315709 c:OrdinaryShareClass2 2024-04-01 2025-03-31 09315709 c:OrdinaryShareClass2 2025-03-31 09315709 c:OrdinaryShareClass2 2024-03-31 09315709 c:FRS102 2024-04-01 2025-03-31 09315709 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09315709 c:FullAccounts 2024-04-01 2025-03-31 09315709 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09315709 2 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09315709 RAINIER DEVELOPMENTS (TENBY STREET) LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
RAINIER DEVELOPMENTS (TENBY STREET) LIMITED CONTENTS
| Page
Balance sheet | 1
Notes to the financial statements | 2 - 5
RAINIER DEVELOPMENTS (TENBY STREET) LIMITED REGISTERED NUMBER: 09315709 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Stocks |  | 5,394,528 |  | 3,377,598 |
Debtors | 4 | 91,297 |  | 21,044 |
Cash at bank and in hand |  | 1,064,164 |  | 1,018,880 |
|  | 6,549,989 |  | 4,417,522 |
Creditors: amounts falling due within one year | 5 | (6,515,625) |  | (4,382,069) |
Net current assets |  |  | 34,364 |  | 35,453
Net assets |  |  | 34,364 |  | 35,453
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 26,252 |  | 26,252
Profit and loss account |  |  | 8,112 |  | 9,201
|  |  | 34,364 |  | 35,453
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 October 2025.
Mr R R Mees
Director
The notes on pages 2 to 5 form part of these financial statements. Page 1
RAINIER DEVELOPMENTS (TENBY STREET) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Rainier Developments (Tenby Street) Limited is a company limited by shares, incorporated in England and Wales and domiciled in England. The registered office is Rainier House, 62 High Street, Henley-In-Arden, England, B95 5AN. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The following principal accounting policies have been applied:
| 2.2 | Going concern
The Company is dependent upon the financial support of its parent company, the joint venture investors and third party loans. The directors have received assurance that this financial support will continue for a period of not less than twelve months from the date of the approval of the financial statements. Accordingly the financial statements have been prepared on a going concern basis.
| 2.3 | Revenue
Sales of land and property are recognised on legal completion and included within turnover.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 2
RAINIER DEVELOPMENTS (TENBY STREET) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.7 | Stocks
Land and property held for development and re-sale are stated at the lower of cost and net realisable value. Cost includes the acquisition and related costs and any subsequent costs of development. Net realisable value is based on estimated selling price, less further costs of realisation.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.10 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss. Page 3
RAINIER DEVELOPMENTS (TENBY STREET) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.11 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
3. | Employees
| The average monthly number of employees, including the directors, during the year was 3 (2024: 3).
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 90,247 | 20,358
| Deferred taxation | 1,050 | 686
|  | 91,297 | 21,044
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Loan | 3,299,256 | 1,001,853
| Trade creditors | 115,132 | 132,447
| Amounts owed to group undertakings | 1,337,500 | 1,431,682
| Amounts owed to joint ventures | 1,337,500 | 1,337,500
| Other creditors | 424,737 | 477,087
| Accruals and deferred income | 1,500 | 1,500
|  | 6,515,625 | 4,382,069
| The loans are secured on the property held by the Company.
Page 4
RAINIER DEVELOPMENTS (TENBY STREET) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 26,251 (2024 - 26,251) Ordinary B Shares shares of £1.00 each | 26,251 | 26,251
|  | 1 (2024 - 1) Ordinary A Shares share of £1.00 | 1 | 1
|  |  | 26,252 | 26,252
Page 5