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Company Registration No. 06950311 (England and Wales)
Rapid Edging Limited Unaudited accounts for the year ended 30 June 2025
Rapid Edging Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Rapid Edging Limited Company Information for the year ended 30 June 2025
Director
Farren White
Company Number
06950311 (England and Wales)
Registered Office
3 ROBIN WALK TIVERTON DEVON EX16 6WS
Accountants
Monksilver GP Ltd The Old Schoolhouse Monksilver Taunton Somerset TA4 4HY
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Rapid Edging Limited Accountants' report
Accountants' report to the director of Rapid Edging Limited on the preparation of the unaudited statutory accounts for the year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Rapid Edging Limited for the year ended 30 June 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Rapid Edging Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Rapid Edging Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rapid Edging Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Rapid Edging Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Rapid Edging Limited. You consider that Rapid Edging Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Rapid Edging Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Monksilver GP Ltd The Old Schoolhouse Monksilver Taunton Somerset TA4 4HY 8 March 2026
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Rapid Edging Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
16,129
19,670
Current assets
Debtors
5
4,632
3,821
Cash at bank and in hand
3,366
2,070
7,998
5,891
Creditors: amounts falling due within one year
6
(7,520)
(8,147)
Net current assets/(liabilities)
478
(2,256)
Net assets
16,607
17,414
Capital and reserves
Called up share capital
1
1
Profit and loss account
16,606
17,413
Shareholders' funds
16,607
17,414
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 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 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 8 March 2026 and were signed on its behalf by
Farren White Director Company Registration No. 06950311
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Rapid Edging Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Rapid Edging Limited is a private company, limited by shares, registered in England and Wales, registration number 06950311. The registered office is 3 ROBIN WALK, TIVERTON, DEVON, EX16 6WS.
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.
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:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2024
27,674
2,722
30,396
At 30 June 2025
27,674
2,722
30,396
Depreciation
At 1 July 2024
8,004
2,722
10,726
Charge for the year
3,541
-
3,541
At 30 June 2025
11,545
2,722
14,267
Net book value
At 30 June 2025
16,129
-
16,129
At 30 June 2024
19,670
-
19,670
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,632
3,821
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Rapid Edging Limited Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
798
Taxes and social security
5,605
5,434
Loans from directors
1,615
1,615
Accruals
300
300
7,520
8,147
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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