Rapid Vehicles Limited
Notes to the Accounts
for the period ended 30 September 2025
1. Statutory information
Rapid Vehicles Limited is a private company, limited by shares, registered in England & Wales, registration number 10355413. The registered office is 550 Hotham Hotham Road South, Hull, HU5 5RN.
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.
4. Tangible fixed assets
Motor;
Computer
Total
Cost or valuation
At cost
At cost
At 1 October 2024
4,507
1,678
6,185
Additions
76,327
16,945
93,272
At 30 September 2025
80,834
18,623
99,457
At 1 October 2024
2,592
691
3,283
Charge for the year
12,125
2,793
14,918
At 30 September 2025
14,717
3,484
18,201
At 30 September 2025
66,117
15,139
81,256
At 30 September 2024
1,915
987
2,902
Amounts falling due after more than one year