All Renovations & Refurbishments (AR & R - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 05467632 (England and Wales)

Financial Statements

for the Year Ended 31 May 2023

for

All Renovations & Refurbishments

(AR & R) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

A Rainbow

SECRETARY:

Mrs K E Rainbow

REGISTERED OFFICE:

Poppets Farm

Ringshall

Berkhamsted

Hertfordshire

HP4 1NF

REGISTERED NUMBER:

05467632 (England and Wales)

ACCOUNTANTS:

Roy Pinnock & Co LLP

Chartered Certified Accountants

Wren House

68 London Road

St Albans

Hertfordshire

AL1 1NG

FIXED ASSETS

Tangible assets

4

4,435

4,694

CURRENT ASSETS

Debtors

5

1,066

8,670

Cash at bank

8,431

1,919

9,497

10,589

CREDITORS

Amounts falling due within one year

6

23,604

29,486

NET CURRENT LIABILITIES

(14,107

)

(18,897

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,672

)

(14,203

)

PROVISIONS FOR LIABILITIES

801

841

NET LIABILITIES

(10,473

)

(15,044

)

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

(10,493

)

(15,064

)

SHAREHOLDERS' FUNDS

(10,473

)

(15,044

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 March 2024 and were signed by:

A Rainbow - Director

1.	STATUTORY INFORMATION

All Renovations & Refurbishments (AR & R) Ltd 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 and 15% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2022

7,324

6,500

2,795

16,619

Additions

-

-

947

947

Disposals

(1,758

)

-

(1,892

)

(3,650

)

At 31 May 2023

5,566

6,500

1,850

13,916

DEPRECIATION

At 1 June 2022

3,310

6,435

2,180

11,925

Charge for year

603

16

390

1,009

Eliminated on disposal

(1,658

)

-

(1,795

)

(3,453

)

At 31 May 2023

2,255

6,451

775

9,481

NET BOOK VALUE

At 31 May 2023

3,311

49

1,075

4,435

At 31 May 2022

4,014

65

615

4,694

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.23

31.5.22

£

£

Trade debtors

-

8,248

Other debtors

1,066

422

1,066

8,670

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.23

31.5.22

£

£

Taxation and social security

-

933

Other creditors

23,604

28,553

23,604

29,486

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Rainbow.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Roy Pinnock & Co LLP

Chartered Certified Accountants

Wren House

68 London Road

St Albans

Hertfordshire

AL1 1NG

Date: .............................................