Ralf Haley Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 10350690 (England and Wales)

Ralf Haley Ltd

Unaudited Financial Statements

for the Year Ended 31 August 2023

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Chartered accountants' report

6

Directors:

R Haley

Mrs H E Haley

Registered office:

28 Princes Road

Stockport

Cheshire

SK4 3NQ

Registered number:

10350690 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

3,575

4,768

Current assets

Debtors

5

16,295

35,869

Cash at bank

14,216

8,383

30,511

44,252

Creditors

Amounts falling due within one year

6

21,399

28,221

Net current assets

9,112

16,031

Total assets less current liabilities

12,687

20,799

Creditors

Amounts falling due after more than one year

7

12,464

14,964

Net assets

223

5,835

Capital and reserves

Called up share capital

200

200

Retained earnings

23

5,635

Shareholders' funds

223

5,835

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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 15 April 2024 and were signed on its behalf by:

R Haley - Director

1.	Statutory information

Ralf Haley 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% Reducing balance

Pension costs and other post-retirement benefits

The company operates a direct 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 2 (2022 - 2 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 September 2022

and 31 August 2023

6,511

Depreciation

At 1 September 2022

1,743

Charge for year

1,193

At 31 August 2023

2,936

Net book value

At 31 August 2023

3,575

At 31 August 2022

4,768

5.

Debtors: amounts falling due within one year

31.8.23

31.8.22

£

£

Trade debtors

5,600

3,060

Other debtors

10,695

32,809

16,295

35,869

6.

Creditors: amounts falling due within one year

31.8.23

31.8.22

£

£

Bank loans and overdrafts

2,311

2,190

Taxation and social security

18,093

25,146

Other creditors

995

885

21,399

28,221

7.

Creditors: amounts falling due after more than one year

31.8.23

31.8.22

£

£

Bank loans

12,464

14,964

8.	Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

31.8.23

31.8.22

£

£

R Haley

Balance outstanding at start of year

26,754

36,331

Amounts repaid

(24,754

)

(9,577

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,000

26,754

The loan was at commercial rates of interest and repayable on demand.

The following reproduces the text of the report prepared for the directors 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 directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ralf Haley Ltd for the year ended 31 August 2023 which comprise the Income statement, Balance sheet, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ralf Haley Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ralf Haley Ltd and state those matters that we have agreed to state to the Board of Directors of Ralf Haley Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ralf Haley Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ralf Haley Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ralf Haley Ltd. You consider that Ralf Haley Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ralf Haley Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

15 April 2024