RAINMASTERS_LIMITED

RAINMASTERS LIMITED

CONTENTS

Page

Balance sheet

1 - 2

Statement of changes in equity

3

Notes to the financial statements

4 - 5

RAINMASTERS LIMITED

BALANCE SHEET

AS AT

30 APRIL 2020

Richard Place Dobson page 1

2020

2019

Notes

£

Fixed assets

Tangible assets

2

288

385

Current assets

Stocks

5,822

4,731

Debtors

3

8,596

25,923

Cash at bank and in hand

25,058

17,236

39,476

47,890

Creditors: amounts falling due within one year

4

(3,528)

(9,600)

Net current assets

35,948

38,290

Total assets less current liabilities

36,236

38,675

Provisions for liabilities

(98)

Net assets

36,138

38,577

Capital and reserves

Called up share capital

5

51

Profit and loss reserves

36,087

38,526

Total equity

36,138

38,577

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

RAINMASTERS LIMITED

BALANCE SHEET (CONTINUED)

AS AT

30 APRIL 2020

Richard Place Dobson page 2

The financial statements were approved by the board of directors and authorised for issue on 22 February 2021 and are signed on its behalf by:

W Belding

Director

Company Registration No. 03274065

RAINMASTERS LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 30 APRIL 2020

Richard Place Dobson page 3

Share capital

Profit and loss reserves

Total

Notes

£

Balance at 1 May 2018

50

45,090

45,140

Year ended 30 April 2019:

Profit and total comprehensive income for the year

-

12,786

Bonus issue of shares

5

1

-

1

Dividends

-

(19,350)

Balance at 30 April 2019

51

38,526

38,577

Year ended 30 April 2020:

Profit and total comprehensive income for the year

-

3,561

Dividends

-

(6,000)

Balance at 30 April 2020

51

36,087

36,138

Richard Place Dobson page 4

2

Tangible fixed assets

Plant and machinery etc

£

Cost

At 1 May 2019 and 30 April 2020

4,123

Depreciation and impairment

At 1 May 2019

3,738

Depreciation charged in the year

97

At 30 April 2020

3,835

Carrying amount

At 30 April 2020

288

At 30 April 2019

385

3

Debtors

2020

2019

Amounts falling due within one year:

£

Trade debtors

-

4,664

Other debtors

8,596

21,259

8,596

25,923

4

Creditors: amounts falling due within one year

2020

2019

£

Trade creditors

1,153

120

Corporation tax

858

3,030

Other taxation and social security

210

1,873

Other creditors

1,307

4,577

3,528

9,600

5

Called up share capital

2020

2019

£

Ordinary share capital

Issued and fully paid

1,700 C Ordinary shares of 1p each

17

1,700 D Ordinary shares of 1p each

17

1,700 E Ordinary shares of 1p each

17

51

Richard Place Dobson page 5

6

Covid 19

At the reporting date Covid-19 caused widespread lockdown measures to be imposed in the UK and worldwide. This has resulted in a reduction in both supply and demand in the economy. It is not currently possible to estimate the impact this will have on the future financial results of the company but management consider it to be a significant uncertainty. Management have assessed the impact of Covid-19 on the results reported for the financial year ended 30 April 2020 and consider that the results reflect any adverse conditions as at that date.

RAINMASTERS_LIMITED - Accounts

RAINMASTERS_LIMITED - Accounts