Rainbow Executive Cars Limited

Notes

1. General Information

Rainbow Executive Cars Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09092430 . The registered office is 15a Anglesey Close, Andover, Hampshire, SP10 2HP.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

3. Break-Up Basis

The financial statements have been prepared on a break-up basis rather than on a going concern basis.

The directors have considered the financial position of the Company and its ability to continue trading for the foreseeable future. Following this assessment, the directors have concluded that it is no longer appropriate to prepare the financial statements on a going concern basis, as the Company is not expected to continue its operations in their current form.

Accordingly, the assets and liabilities of the Company have been reviewed with consideration given to their recoverable and settlement values in the event that the Company ceases to trade. The financial statements have therefore been prepared on a break-up basis, which reflects the directors' assessment of the amounts expected to be realised from the Company's assets and the amounts expected to be required to settle its liabilities.

The use of the break-up basis of accounting represents a change from the going concern basis used in the previous financial statements.

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Rainbow Executive Cars Limited

Balance Sheet (continued)

As At 30 June 2026

For the year ending 30 June 2026 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr J A Reeves Director	Mrs V C Reeves Director
31/08/2026

	2026	2025
	£	£
Fixed assets	-	28,458

Current assets	9,646	31,084
Creditors: Amounts Falling Due Within One Year	(49,051 )	(60,269 )

NET CURRENT LIABILITIES	(39,405 )	(29,185 )

TOTAL ASSETS LESS CURRENT LIABILITIES	(39,405 )	(727 )

NET LIABILITIES	(39,405 )	(727 )

CAPITAL AND RESERVES	(39,405 )	(727 )