Rain Data Limited - Accounts to registrar (filleted) - small 18.2

IRIS Accounts Production v20.1.5.71 10364994 Board of Directors 1.10.18 30.9.19 30.9.19 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure103649942018-09-30103649942019-09-30103649942018-10-012019-09-30103649942017-09-30103649942017-10-012018-09-30103649942018-09-3010364994ns15:EnglandWales2018-10-012019-09-3010364994ns14:PoundSterling2018-10-012019-09-3010364994ns10:Director12018-10-012019-09-3010364994ns10:PrivateLimitedCompanyLtd2018-10-012019-09-3010364994ns10:SmallEntities2018-10-012019-09-3010364994ns10:AuditExempt-NoAccountantsReport2018-10-012019-09-3010364994ns10:SmallCompaniesRegimeForDirectorsReport2018-10-012019-09-3010364994ns10:SmallCompaniesRegimeForAccounts2018-10-012019-09-3010364994ns10:FullAccounts2018-10-012019-09-3010364994ns10:OrdinaryShareClass12018-10-012019-09-3010364994ns10:Director22018-10-012019-09-3010364994ns10:Director32018-10-012019-09-3010364994ns10:RegisteredOffice2018-10-012019-09-3010364994ns5:CurrentFinancialInstruments2019-09-3010364994ns5:CurrentFinancialInstruments2018-09-3010364994ns5:ShareCapital2019-09-3010364994ns5:ShareCapital2018-09-3010364994ns5:RetainedEarningsAccumulatedLosses2019-09-3010364994ns5:RetainedEarningsAccumulatedLosses2018-09-3010364994ns5:LeaseholdImprovements2018-10-012019-09-3010364994ns5:FurnitureFittings2018-10-012019-09-3010364994ns5:ComputerEquipment2018-10-012019-09-3010364994ns5:PlantMachinery2018-09-3010364994ns5:PlantMachinery2018-10-012019-09-3010364994ns5:PlantMachinery2019-09-3010364994ns5:PlantMachinery2018-09-3010364994ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-09-3010364994ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-09-3010364994ns5:WithinOneYear2019-09-3010364994ns5:WithinOneYear2018-09-3010364994ns10:OrdinaryShareClass12019-09-30

REGISTERED NUMBER: 10364994 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019

FOR

RAIN DATA LIMITED

Page

Company Information

Balance Sheet

Notes to the Financial Statements

DIRECTORS:

S J M Cowling

S Coxon

A Waddle

REGISTERED OFFICE:

Chamber 1

Dissington Hall

Ponteland

Newcastle Upon Tyne

NE18 0AD

REGISTERED NUMBER:

10364994 (England and Wales)

ACCOUNTANTS:

Ribchesters

Chartered Accountants

Finchale House

Belmont Business Park

Durham

DH1 1TW

FIXED ASSETS

Tangible assets

26,500

30,041

CURRENT ASSETS

Debtors

34,043

20,846

Cash at bank

46,898

31,565

80,941

52,411

CREDITORS

Amounts falling due within one year

53,139

32,219

NET CURRENT ASSETS

27,802

20,192

TOTAL ASSETS LESS CURRENT
LIABILITIES

54,302

50,233

PROVISIONS FOR LIABILITIES

1,929

1,841

NET ASSETS

52,373

48,392

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

52,273

48,292

SHAREHOLDERS' FUNDS

52,373

48,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 June 2020 and were
signed on its behalf by:

S Coxon - Director

1.	STATUTORY INFORMATION

Rain Data 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. Turnover is recognised in the period the work is carried out.

Tangible fixed assets

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

Modular office

10% on cost

Fixtures and fittings

20% on cost

Computer equipment

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2018 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

COST

At 1 October 2018

34,717

Additions

3,436

At 30 September 2019

38,153

DEPRECIATION

At 1 October 2018

4,676

Charge for year

6,977

At 30 September 2019

11,653

NET BOOK VALUE

At 30 September 2019

26,500

At 30 September 2018

30,041

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

Trade debtors

27,519

20,846

Other debtors

6,524

34,043

20,846

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

Trade creditors

2,742

2,387

Taxation and social security

43,993

22,937

Other creditors

6,404

6,895

53,139

32,219

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2019

2018

Within one year

1,482

1,338

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

100

Ordinary

£1

100

9.	RELATED PARTY DISCLOSURES

During the period the directors maintained interest free loans to the company. As at 30 September 2019 the

balance outstanding was £334 (2018: £272).