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2021-03-01 2022-02-28 12472184 frs-countries:EnglandWales 2021-03-01 2022-02-28
Registered number: 12472184
Rightsnow Limited
Unaudited Financial Statements
For The Year Ended 28 February 2023
Rightsnow Limited
Unaudited Financial Statements
For The Year Ended 28 February 2023
Unaudited Financial Statements

Contents
| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2

Page 1
Rightsnow Limited
Balance Sheet
As at 28 February 2023
Balance Sheet
Registered number: 12472184

| 2023 | 2022
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Debtors | 4 | 15 |  | 15 |
Cash at bank and in hand |  | 4,231 |  | 2,456 |
|  | 4,246 |  | 2,471 |
Creditors: Amounts Falling Due Within One Year | 5 | (9,829 ) |  | (1,059 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (5,583 ) |  | 1,412
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (5,583 ) |  | 1,412
NET (LIABILITIES)/ASSETS |  |  | (5,583 ) |  | 1,412
CAPITAL AND RESERVES
Called up share capital | 6 |  | 52,500 |  | 52,500
Profit and Loss Account |  |  | (58,083 ) |  | (51,088 )
SHAREHOLDERS' FUNDS |  |  | (5,583) |  | 1,412

For the year ending 28 February 2023 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Alessandro Bracci Director
04/10/2023

The notes on page 2 form part of these financial statements.
Page 1
Page 2
Rightsnow Limited
Notes to the Financial Statements
For The Year Ended 28 February 2023
Notes to the Financial Statements
1. General Information
Rightsnow Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12472184 . The registered office is 19 The Circle, Queen Elizabeth Street, London, SE1 2JE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2022: NIL)
- -
4. Debtors

| 2023 |  | 2022
--- | --- | --- | ---
| £ |  | £
Due within one year
VAT | 15 |  | 15
| 15 |  | 15

5. Creditors: Amounts Falling Due Within One Year

| 2023 |  | 2022
--- | --- | --- | ---
| £ |  | £
Trade creditors | 102 |  | -
Share holder Loan | 8,894 |  | 281
Accruals and deferred income | 833 |  | 778
| 9,829 |  | 1,059

6. Share Capital

| 2023 |  | 2022
--- | --- | --- | ---
Allotted, Called up and fully paid | 52,500 |  | 52,500

Page 2