Company Registration No. 07505078 (England and Wales)
RiskAlliance Direct Limited
Accounts
for the year ended 31 December 2022
RiskAlliance Direct Limited
Accounts
Contents
RiskAlliance Direct Limited
Company Information
for the year ended 31 December 2022
Directors
Benjamin Caspi
Maurice Geller
Avichayil Geller
Company Number
07505078 (England and Wales)
Registered Office
Unit 4
Wilmington Close
Watford
WD18 0FQ
Accountants
Master Accounting Limited
The Stables, Ashley Court
32 Main Street, Ashley
Market Harborough
Leicestershire
LE16 8HF
RiskAlliance Direct Limited
Statement of financial position
as at 31 December 2022
Tangible assets
2,175
2,995
Investments
150,000
150,000
Cash at bank and in hand
242,370
136,161
Creditors: amounts falling due within one year
(540,077)
(461,430)
Net current assets
294,780
212,992
Net assets
446,955
365,987
Called up share capital
100
100
Profit and loss account
446,855
365,887
Shareholders' funds
446,955
365,987
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 February 2023 and were signed on its behalf by
Maurice Geller
Director
Company Registration No. 07505078
RiskAlliance Direct Limited
Notes to the Accounts
for the year ended 31 December 2022
RiskAlliance Direct Limited is a private company, limited by shares, registered in England and Wales, registration number 07505078. The registered office is Unit 4 , Wilmington Close, Watford, WD18 0FQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% - reducing balance
Computer equipment
33% - reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
15,656
27,277
42,933
At 31 December 2022
15,656
27,277
42,933
At 1 January 2022
13,548
26,390
39,938
Charge for the year
527
293
820
At 31 December 2022
14,075
26,683
40,758
At 31 December 2022
1,581
594
2,175
At 31 December 2021
2,108
887
2,995
5
Investments
Other investments
Valuation at 1 January 2022
150,000
Valuation at 31 December 2022
150,000
RiskAlliance Direct Limited
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Trade debtors
151,121
41,789
Amounts due from group undertakings etc.
45,679
184,478
Accrued income and prepayments
265,687
93,754
Other debtors
130,000
218,240
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Creditors: amounts falling due within one year
2022
2021
Taxes and social security
250,247
166,795
Other creditors
257,570
243,329
Loans from directors
26,500
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9
Average number of employees
During the year the average number of employees was 29 (2021: 29).