1 January 2024 false No description of principal activity Taxfiler 2024.6 7473775business:PrivateLimitedCompanyLtd2024-01-012024-12-31 74737752023-12-31 74737752024-01-012024-12-31 7473775business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 7473775business:AbridgedAccounts2024-01-012024-12-31 74737752024-12-31 7473775business:Director12024-01-012024-12-31 7473775business:Director22024-01-012024-12-31 7473775business:CompanySecretary12024-01-012024-12-31 7473775business:RegisteredOffice2024-01-012024-12-31 74737752023-12-31 7473775core:WithinOneYear2024-12-31 7473775core:WithinOneYear2023-12-31 7473775core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 7473775core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 7473775core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 7473775core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 7473775core:PreviouslyStatedAmount2024-12-31 7473775core:PreviouslyStatedAmount2023-12-31 7473775business:SmallEntities2024-01-012024-12-31 7473775countries:EnglandWales2024-01-012024-12-31 74737752023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 7473775 (England and Wales)
RARE BUSINESS LIMITED Unaudited accounts for the year ended 31 December 2024
RARE BUSINESS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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RARE BUSINESS LIMITED Company Information for the year ended 31 December 2024
Directors
Adrian Swinscoe Hana Odoh-Tadafe
Secretary
Hana Odoh-Tadafe
Company Number
7473775 (England and Wales)
Registered Office
91 Lansdowne Place Brighton BN3 1FN United Kingdom
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RARE BUSINESS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
40,000 
- 
Investments
31,736 
21,442 
71,736 
21,442 
Current assets
Debtors
841 
430 
Cash at bank and in hand
49,080 
83,370 
49,921 
83,800 
Creditors: amounts falling due within one year
(53,112)
(46,733)
Net current (liabilities)/assets
(3,191)
37,067 
Net assets
68,545 
58,509 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
68,445 
58,409 
Shareholders' funds
68,545 
58,509 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by
Adrian Swinscoe Director Company Registration No. 7473775
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RARE BUSINESS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
RARE BUSINESS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7473775. The registered office is 91 Lansdowne Place, Brighton, BN3 1FN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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