REGISTERED NUMBER: 10214511 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Raynestorm Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A V Kimitri

R D Freeman

REGISTERED OFFICE:

26 Knightstone Road

Weston-Super-Mare

BS23 2AW

REGISTERED NUMBER:

10214511 (England and Wales)

ACCOUNTANTS:

DGL Accountancy Services Limited

Chartered Certified Accountants

35 Hen Parc Avenue

Upper Killay

Swansea

SA2 7HA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

36,908

37,626

Investments

6

80

80

36,988

37,706

CURRENT ASSETS

Stocks

380,632

327,829

Debtors

7

461,565

281,628

Cash at bank and in hand

43,724

267,455

885,921

876,912

CREDITORS

Amounts falling due within one year

8

247,595

230,546

NET CURRENT ASSETS

638,326

646,366

TOTAL ASSETS LESS CURRENT LIABILITIES

675,314

684,072

CREDITORS

Amounts falling due after more than one year

9

338,797

521,557

NET ASSETS

336,517

162,515

CAPITAL AND RESERVES

Called up share capital

15,420

15,420

Share premium

11

430,180

430,180

Retained earnings

11

(109,083

)

(283,085

)

336,517

162,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2025 and were signed on its behalf by:

A V Kimitri - Director

1.	STATUTORY INFORMATION

Raynestorm Ltd 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.

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, being the amount paid in connection with the acquisition of a business in 2016, was amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

not provided

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Going concern

The financial statements have been prepared on the going concern basis, the validity of which depends on the continued support of the company's directors, investors and other creditors. In the initial periods of trading substantial costs were incurred in developing new products. The business has seen an increase in sales in subsequent periods of trading.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

4,000

AMORTISATION

At 1 July 2024

and 30 June 2025

4,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Leasehold

Plant and

Motor

Computer

improvements

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

4,627

3,123

23,000

19,150

49,900

Additions

-

2,707

25,890

1,090

29,687

Disposals

-

-

(23,000

)

-

(23,000

)

At 30 June 2025

4,627

5,830

25,890

20,240

56,587

DEPRECIATION

At 1 July 2024

-

1,571

3,354

7,349

12,274

Charge for year

-

1,064

11,384

3,223

15,671

Eliminated on disposal

-

-

(8,266

)

-

(8,266

)

At 30 June 2025

-

2,635

6,472

10,572

19,679

NET BOOK VALUE

At 30 June 2025

4,627

3,195

19,418

9,668

36,908

At 30 June 2024

4,627

1,552

19,646

11,801

37,626

The net book value of tangible fixed assets held under hire purchase at 30 June 2025 was £19,418 (2024 : £19,646). The depreciation provided on these assets was £6,472 (2024 : £3,354).

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2024

and 30 June 2025

80

NET BOOK VALUE

At 30 June 2025

80

At 30 June 2024

80

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

440,674

257,203

Other debtors

20,891

24,425

461,565

281,628

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

10,371

4,255

Hire purchase contracts

6,561

5,831

Trade creditors

164,868

137,378

Taxation and social security

57,174

68,747

Other creditors

8,621

14,335

247,595

230,546

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

17,475

21,443

Hire purchase contracts

21,322

20,114

Other creditors

300,000

480,000

338,797

521,557

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Hire purchase contracts

27,883

25,945

Other creditors

3,394

9,389

31,277

35,334

11.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 July 2024

(283,085

)

430,180

147,095

Profit for the year

194,002

194,002

Dividends

(20,000

)

(20,000

)

At 30 June 2025

(109,083

)

430,180

321,097

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A V Kimitri.