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Registered number: 15508345
Rapid Repairs Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Care Accountancy Ltd
Rapid Repairs Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Rapid Repairs Ltd
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 15508345

| 2025
--- | ---
| Notes | £ | £
CURRENT ASSETS
Debtors | 4 | 1,017 |
Cash at bank and in hand |  | 41 |
|  | 1,058 |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,058
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,058
NET ASSETS |  |  | 1,058
CAPITAL AND RESERVES
Called up share capital | 5 |  | 1
Profit and Loss Account |  |  | 1,057
SHAREHOLDERS' FUNDS |  |  | 1,058

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Nasir Hussain Director
17/11/2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Rapid Repairs Ltd
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Rapid Repairs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15508345 . The registered office is Unit 3a,3b Eldon Street Off Wakefield Rd,, Ossett Wakefield, WF5 9JY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Debtors

| 2025
--- | ---
| £
Due within one year
Other debtors | 1,017

5. Share Capital

| 2025
--- | ---
| £
Allotted, Called up and fully paid | 1

Page 2
Page 3
Rapid Repairs Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
6. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 March 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 28 February 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Nasir Hussain | - | 1,016 | - | - | 1,016

The above loan is unsecured, interest free and repayable on demand.
Page 3