Company Registration No. 14705928 (England and Wales)
RACHEL GINS STUDIO LTD
Unaudited accounts
for the year ended 31 March 2025
RACHEL GINS STUDIO LTD
Unaudited accounts
Contents
RACHEL GINS STUDIO LTD
Company Information
for the year ended 31 March 2025
Company Number
14705928 (England and Wales)
Registered Office
19 Rosedene Avenue
Streatham
London
SW16 2LS
United Kingdom
Accountants
Stoney Philbin & Company Limited
7 High Street
Chapel-en-le-Frith
High Peak
SK23 0HD
RACHEL GINS STUDIO LTD
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
19,437
31,542
Creditors: amounts falling due within one year
352
(7,805)
Net current assets
19,789
23,737
Called up share capital
1
1
Profit and loss account
21,074
23,736
Shareholders' funds
21,075
23,737
For the year ending 31 March 2025 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 director acknowledges her 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 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 and authorised for issue on 19 December 2025 and were signed on its behalf by
R E A Gins Smith
Director
Company Registration No. 14705928
RACHEL GINS STUDIO LTD
Notes to the Accounts
for the year ended 31 March 2025
RACHEL GINS STUDIO LTD is a private company, limited by shares, registered in England and Wales, registration number 14705928. The registered office is 19 Rosedene Avenue, Streatham, London, SW16 2LS, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Computer equipment
RACHEL GINS STUDIO LTD
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
6,469
Loans from directors
(1,102)
586
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).