REGISTERED NUMBER: 06080977 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Rhino Developments (SW) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Brooks

Mrs S Brooks

SECRETARY:

Mrs S Brooks

REGISTERED OFFICE:

97 Southway Drive

Yeovil

Somerset

BA21 3EB

REGISTERED NUMBER:

06080977 (England and Wales)

ACCOUNTANTS:

Anderson & Co. Accountancy Limited

Beechwood

88 West Street

South Petherton

Somerset

TA13 5DJ

FIXED ASSETS

Tangible assets

4

2,161

2,746

CURRENT ASSETS

Stocks

445,841

315,650

Debtors

5

3,690

3,187

Cash at bank

34,147

10,618

483,678

329,455

CREDITORS

Amounts falling due within one year

6

271,226

97,353

NET CURRENT ASSETS

212,452

232,102

TOTAL ASSETS LESS CURRENT LIABILITIES

214,613

234,848

PROVISIONS FOR LIABILITIES

410

522

NET ASSETS

214,203

234,326

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

214,201

234,324

SHAREHOLDERS' FUNDS

214,203

234,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by:

Mr A J Brooks - Director

Mrs S Brooks - Director

1.	STATUTORY INFORMATION

Rhino Developments (SW) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

and 28 February 2026

14,467

DEPRECIATION

At 1 March 2025

11,721

Charge for year

585

At 28 February 2026

12,306

NET BOOK VALUE

At 28 February 2026

2,161

At 28 February 2025

2,746

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Other debtors

3,690

3,187

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade creditors

3,532

73

Taxation and social security

1,181

-

Other creditors

266,513

97,280

271,226

97,353

7.	RELATED PARTY DISCLOSURES

TRANSACTIONS WITH DIRECTORS

The company operates a current account with the directors and the activity during the year was as follows:

28.2.26

28.2.25

Mr A J Brooks & Mrs S Brooks

£

£

Amount owed to director at end of year

164364

66963

Amount owed to director at start of year

66963

65782

The amount owed to the directors is interest free and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.