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Company Registration No. 09296360 (England and Wales)
Rightech Solutions Ltd Unaudited accounts for the year ended 30 November 2022
Rightech Solutions Ltd Unaudited accounts Contents
Page
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Rightech Solutions Ltd Company Information for the year ended 30 November 2022
Director
Anoosha Ghalansoui
Company Number
09296360 (England and Wales)
Registered Office
124 City Road London EC1V 2NX
Accountants
Metropolitan Accountants Ltd Phoenix Business Centre Office 10, Rosslyn Crescent Harrow Middlesex HA1 2SP
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Rightech Solutions Ltd Statement of financial position as at 30 November 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,434 
Current assets
Debtors
3,763,198 
318,569 
Cash at bank and in hand
439,404 
880,432 
4,202,602 
1,199,001 
Creditors: amounts falling due within one year
(4,198,650)
(1,168,579)
Net current assets
3,952 
30,422 
Net assets
3,952 
32,856 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,852 
32,756 
Shareholders' funds
3,952 
32,856 
For the year ending 30 November 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 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 10 November 2023 and were signed on its behalf by
Anoosha Ghalansoui Director Company Registration No. 09296360
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Rightech Solutions Ltd Notes to the Accounts for the year ended 30 November 2022
1
Statutory information
Rightech Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09296360. The registered office is 124 City Road, London, EC1V 2NX.
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
33% on cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2021
9,032 
At 30 November 2022
9,032 
Depreciation
At 1 December 2021
6,598 
Charge for the year
2,434 
At 30 November 2022
9,032 
Net book value
At 30 November 2022
- 
At 30 November 2021
2,434 
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Rightech Solutions Ltd Notes to the Accounts for the year ended 30 November 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,499,557 
127,928 
Other debtors
50,000 
- 
3,549,557 
127,928 
Amounts falling due after more than one year
Other debtors
213,641 
190,641 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
- 
32,519 
VAT
(1,391)
(1,190)
Trade creditors
4,173,218 
1,108,727 
Taxes and social security
26,636 
27,800 
Other creditors
184 
- 
Loans from directors
3 
77 
Accruals
- 
646 
4,198,650 
1,168,579 
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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