RTI GROUP SERVICES LIMITED

Company Registration Number:
12516154 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

RTI GROUP SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

RTI GROUP SERVICES LIMITED

Balance sheet

As at 31 March 2022


Notes

2022

13 months to 31 March 2021


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 206,278 0
Investments:   0 0
Total fixed assets: 206,278 0
Current assets
Stocks: 377,872 0
Debtors:   599,626 0
Cash at bank and in hand: 25,059 100
Investments:   0 0
Total current assets: 1,002,557 100
Creditors: amounts falling due within one year:   (806,741)
Net current assets (liabilities): 195,816 100
Total assets less current liabilities: 402,094 100
Total net assets (liabilities): 402,094 100
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 401,994
Shareholders funds: 402,094 100

The notes form part of these financial statements

RTI GROUP SERVICES LIMITED

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 November 2023
and signed on behalf of the board by:

Name: T YOUNG
Status: Director

The notes form part of these financial statements

RTI GROUP SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excludingdiscounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over itsestimated useful life.Plant and machinery - 15% on reducing balanceMotor vehicles - 25% on reducing balance

RTI GROUP SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 13 months to 31 March 2021
Average number of employees during the period 35 0

RTI GROUP SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible Assets

Total
Cost £
At 01 April 2021 0
Additions 269,150
At 31 March 2022 269,150
Depreciation
At 01 April 2021 0
Charge for year 62,872
At 31 March 2022 62,872
Net book value
At 31 March 2022 206,278
At 31 March 2021 0