Company Registration No. 09660424 (England and Wales)
RDLTN Education Limited
Unaudited accounts
for the year ended 30 June 2023
RDLTN Education Limited
Unaudited accounts
Contents
RDLTN Education Limited
Company Information
for the year ended 30 June 2023
Company Number
09660424 (England and Wales)
Registered Office
Office 6, Town Hall
86 Watling Street East
Towcester
Northants
NN12 6BS
Accountants
Tove Accountancy Limited
Office 6, Town Hall
86 Watling Street East
Towcester
Northants
NN12 6BS
RDLTN Education Limited
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
69,901
84,145
Creditors: amounts falling due within one year
(6,498)
(12,870)
Net current assets
63,403
71,275
Called up share capital
100
100
Profit and loss account
74,359
83,624
Shareholders' funds
74,459
83,724
For the year ending 30 June 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 21 November 2023 and were signed on its behalf by
Mark Feldman
Director
Company Registration No. 09660424
RDLTN Education Limited
Notes to the Accounts
for the year ended 30 June 2023
RDLTN Education Limited is a private company, limited by shares, registered in England and Wales, registration number 09660424. The registered office is Office 6, Town Hall, 86 Watling Street East, Towcester, Northants, NN12 6BS.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
over 3 years
Fixtures & fittings
over 5 years
Investments in shares are included at fair value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
RDLTN Education Limited
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery
5
Investments
Other investments
Valuation at 1 July 2022
12,449
Valuation at 30 June 2023
11,056
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,657
2,319
Loans from directors
(6,542)
7,922
7
Average number of employees
During the year the average number of employees was 2 (2022: 3).