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Company Registration No. 07965881 (England and Wales)
RHIT Solutions (UK) Limited Unaudited accounts for the year ended 28 February 2023
RHIT Solutions (UK) Limited Unaudited accounts Contents
Page
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RHIT Solutions (UK) Limited Company Information for the year ended 28 February 2023
Director
Ibrar Hussain
Company Number
07965881 (England and Wales)
Registered Office
263 Manningham Lane Bradford BD8 7EP
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RHIT Solutions (UK) Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,835 
3,457 
Current assets
Inventories
27,750 
17,275 
Debtors
170 
2,956 
Cash at bank and in hand
2,202 
10,770 
30,122 
31,001 
Creditors: amounts falling due within one year
(2,495)
(4,356)
Net current assets
27,627 
26,645 
Total assets less current liabilities
30,462 
30,102 
Creditors: amounts falling due after more than one year
(9,771)
(11,055)
Net assets
20,691 
19,047 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
20,690 
19,046 
Shareholders' funds
20,691 
19,047 
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 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 28 November 2023 and were signed on its behalf by
Ibrar Hussain Director Company Registration No. 07965881
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RHIT Solutions (UK) Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
RHIT Solutions (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 07965881. The registered office is 263 Manningham Lane, Bradford, BD8 7EP.
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
18
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
5,979 
At 28 February 2023
5,979 
Depreciation
At 1 March 2022
2,522 
Charge for the year
622 
At 28 February 2023
3,144 
Net book value
At 28 February 2023
2,835 
At 28 February 2022
3,457 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
170 
2,956 
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RHIT Solutions (UK) Limited Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
777 
1,367 
Other creditors
988 
2,259 
Accruals
730 
730 
2,495 
4,356 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
7,270 
9,788 
Taxes and social security
2,501 
1,267 
9,771 
11,055 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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