RTechnologies Ltd
Unaudited accounts
Contents
RTechnologies Ltd
Company Information
for the year ended 30 April 2023
Company Number
13368964 (England and Wales)
Registered Office
30 Lovegrove Drive
Slough
SL2 2LS
Accountants
TFA Accountants Limited
Arena Business Centre
Holyrood Close
Poole
Dorset
BH17 7FJ
RTechnologies Ltd
Statement of financial position
as at 30 April 2023
Intangible assets
67,428
74,410
Cash at bank and in hand
1,273
1,389
Creditors: amounts falling due within one year
(138,512)
(127,966)
Net current liabilities
(137,239)
(126,577)
Net liabilities
(69,811)
(52,167)
Called up share capital
1
1
Profit and loss account
(69,812)
(52,168)
Shareholders' funds
(69,811)
(52,167)
For the year ending 30 April 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 25 January 2024 and were signed on its behalf by
R E Rodrigues
Director
Company Registration No. 13368964
RTechnologies Ltd
Notes to the Accounts
for the year ended 30 April 2023
RTechnologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 13368964. The registered office is 30 Lovegrove Drive, Slough, SL2 2LS.
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.
Intangible fixed assets are included at their revalued amount at the end of the year.
4
Intangible fixed assets
Total
5
Transactions with related parties
The director charged the company rent of £4,592.
The director also made an interest free loan to the company of £138,512 (2022: £126,695). The director reserves the right to charge the company interest at any stage.
RTechnologies Ltd
Notes to the Accounts
for the year ended 30 April 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).