| Rinaldo Club UK Limited |
| Registered number: |
08501176 |
| Balance Sheet |
| as at 30 June 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
- |
|
|
21,600 |
| Tangible assets |
4 |
|
|
- |
|
|
32,404 |
|
|
|
|
- |
|
|
54,004 |
|
| Current assets |
| Debtors |
5 |
|
176,264 |
|
|
94,600 |
| Cash at bank |
|
|
455 |
|
|
676 |
|
|
|
176,719 |
|
|
95,276 |
|
| Creditors: amounts falling due within one year |
6 |
|
(267,646) |
|
|
(350,646) |
|
| Net current liabilities |
|
|
|
(90,927) |
|
|
(255,370) |
|
| Total assets less current liabilities |
|
|
|
(90,927) |
|
|
(201,366) |
|
|
| Net liabilities |
|
|
|
(90,927) |
|
|
(201,366) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
200 |
|
|
200 |
| Profit and loss account |
|
|
|
(91,127) |
|
|
(201,566) |
|
| Shareholder's funds |
|
|
|
(90,927) |
|
|
(201,366) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| R Mollura |
| Director |
| Approved by the board on 2 October 2025 |
|
| Rinaldo Club UK Limited |
| Notes to the Accounts |
| for the year ended 30 June 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Leasehold land and buildings |
over the lease term |
|
Furniture and equipment |
25% reducing balance |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
|
Goodwill: |
|
|
Cost |
|
At 1 July 2023 |
120,000 |
|
At 30 June 2024 |
120,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 July 2023 |
98,400 |
|
Provided during the year |
21,600 |
|
At 30 June 2024 |
120,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2024 |
- |
|
At 30 June 2023 |
21,600 |
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Furniture and equipment |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 July 2023 |
53,424 |
|
66,143 |
|
119,567 |
|
At 30 June 2024 |
53,424 |
|
66,143 |
|
119,567 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2023 |
25,821 |
|
61,342 |
|
87,163 |
|
Charge for the year |
27,603 |
|
4,801 |
|
32,404 |
|
At 30 June 2024 |
53,424 |
|
66,143 |
|
119,567 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2024 |
- |
|
- |
|
- |
|
At 30 June 2023 |
27,603 |
|
4,801 |
|
32,404 |
|
|
| 5 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Value added tax recoverable |
914 |
|
- |
|
Rent deposit |
- |
|
14,750 |
|
Amounts owed by associated undertakings |
|
175,350 |
|
79,850 |
|
|
|
|
|
|
176,264 |
|
94,600 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Accruals |
1,250 |
|
1,250 |
|
Director's loan account |
266,396 |
|
337,896 |
|
Other creditors |
|
- |
|
11,500 |
|
|
|
|
|
|
267,646 |
|
350,646 |
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Rinaldo Club UK Limited is a private company limited by shares and incorporated in England. Its registered office is 1,Perrins Court,London NW3 1QS |