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Company Registration No. 11745883 (England and Wales)
RST Financial Services LTD Unaudited accounts for the year ended 31 January 2023
RST Financial Services LTD Unaudited accounts Contents
Page
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RST Financial Services LTD Company Information for the year ended 31 January 2023
Director
Ravi Singh Thind
Company Number
11745883 (England and Wales)
Registered Office
3 LABURNUM AVENUE SMETHWICK B67 6PL UNITED KINGDOM
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RST Financial Services LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
707 
- 
Current assets
Cash at bank and in hand
63,958 
52,084 
Creditors: amounts falling due within one year
(44,900)
(40,600)
Net current assets
19,058 
11,484 
Total assets less current liabilities
19,765 
11,484 
Creditors: amounts falling due after more than one year
(5,202)
(4,300)
Net assets
14,563 
7,184 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
14,562 
7,183 
Shareholders' funds
14,563 
7,184 
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 19 October 2023 and were signed on its behalf by
Ravi Singh Thind Director Company Registration No. 11745883
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RST Financial Services LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
RST Financial Services LTD is a private company, limited by shares, registered in England and Wales, registration number 11745883. The registered office is 3 LABURNUM AVENUE, SMETHWICK, B67 6PL, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2022
- 
Additions
884 
At 31 January 2023
884 
Depreciation
Charge for the year
177 
At 31 January 2023
177 
Net book value
At 31 January 2023
707 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
4,300 
- 
Accruals
40,600 
40,600 
44,900 
40,600 
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RST Financial Services LTD Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Taxes and social security
5,202 
4,300 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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