Company Registration No. 14955901 (England and Wales)
Rapid Flow Limited
Unaudited accounts
for the year ended 30 June 2025
Rapid Flow Limited
Unaudited accounts
Contents
Rapid Flow Limited
Company Information
for the year ended 30 June 2025
Directors
LAWSON, Brendan Alan
NELSON, James Maurice
Company Number
14955901 (England and Wales)
Registered Office
46 Woodhill Drive
Grove
Wantage
Oxfordshire
OX12 0DF
England
Rapid Flow Limited
Statement of financial position
as at 30 June 2025
Tangible assets
13,641
8,565
Cash at bank and in hand
4,067
50
Creditors: amounts falling due within one year
(29,189)
(24,555)
Net current liabilities
(21,335)
(18,348)
Net liabilities
(7,694)
(9,783)
Called up share capital
100
100
Profit and loss account
(7,794)
(9,883)
Shareholders' funds
(7,694)
(9,783)
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 16 January 2026 and were signed on its behalf by
LAWSON, Brendan Alan
Director
Company Registration No. 14955901
Rapid Flow Limited
Notes to the Accounts
for the year ended 30 June 2025
Rapid Flow Limited is a private company, limited by shares, registered in England and Wales, registration number 14955901. The registered office is 46 Woodhill Drive, Grove, Wantage, Oxfordshire, OX12 0DF, England.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2024
11,000
315
11,315
At 30 June 2025
18,000
1,011
19,011
At 1 July 2024
2,750
-
2,750
Charge for the year
2,500
120
2,620
At 30 June 2025
5,250
120
5,370
At 30 June 2025
12,750
891
13,641
At 30 June 2024
8,250
315
8,565
Rapid Flow Limited
Notes to the Accounts
for the year ended 30 June 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
22,797
23,138
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).