Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-302022-07-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08571393 2022-07-01 2023-06-30 08571393 2021-07-01 2022-06-30 08571393 2023-06-30 08571393 2022-06-30 08571393 c:Director1 2022-07-01 2023-06-30 08571393 c:Director2 2022-07-01 2023-06-30 08571393 d:CurrentFinancialInstruments 2023-06-30 08571393 d:CurrentFinancialInstruments 2022-06-30 08571393 d:Non-currentFinancialInstruments 2023-06-30 08571393 d:Non-currentFinancialInstruments 2022-06-30 08571393 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 08571393 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 08571393 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 08571393 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 08571393 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 08571393 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-06-30 08571393 d:ShareCapital 2023-06-30 08571393 d:ShareCapital 2022-06-30 08571393 d:RetainedEarningsAccumulatedLosses 2023-06-30 08571393 d:RetainedEarningsAccumulatedLosses 2022-06-30 08571393 c:FRS102 2022-07-01 2023-06-30 08571393 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 08571393 c:FullAccounts 2022-07-01 2023-06-30 08571393 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 08571393 6 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 08571393









RIJTEC ENTERPRISES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
RIJTEC ENTERPRISES LIMITED
REGISTERED NUMBER: 08571393

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Investments
 4 
874,848
874,848

  
874,848
874,848

Current assets
  

Debtors: amounts falling due within one year
 5 
10
119

Cash at bank and in hand
 6 
90,686
4,307

  
90,696
4,426

Creditors: amounts falling due within one year
 7 
(610,938)
(638,574)

Net current liabilities
  
 
 
(520,242)
 
 
(634,148)

Total assets less current liabilities
  
354,606
240,700

Creditors: amounts falling due after more than one year
 8 
(160,122)
(155,622)

  

Net assets
  
194,484
85,078


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
194,482
85,076

  
194,484
85,078


Page 1

 
RIJTEC ENTERPRISES LIMITED
REGISTERED NUMBER: 08571393
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
I Saha
................................................
T Saha
Director
Director


Date: 19 February 2024
Date:19 February 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
RIJTEC ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Rijtec Enterprises Limited is a private company limited by shares. The company was incorporated in England and Wales. The registered office of the company is Apsley Mills Cottage Stationers Place, Off London Road, Hemel Hempstead, HP3 9QU. The registered number is 08571393.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
RIJTEC ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2022
874,848



At 30 June 2023
874,848





5.


Debtors

2023
2022
£
£


Other debtors
10
119

10
119


Page 4

 
RIJTEC ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
90,686
4,307

90,686
4,307



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
606,560
601,906

Corporation tax
2,578
12,765

Other creditors
-
22,403

Accruals and deferred income
1,800
1,500

610,938
638,574





8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
160,122
155,622


Included in other creditors is a loan of £160,122 (2022: £155,622) from Rijtec Enterprises Limited Pension Scheme, of which the directors are the trustees. The loan is secured by a floating charge over the assets of the company.


9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£



Amounts falling due 2-5 years

Other loans
160,122
155,622



Page 5

 
RIJTEC ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

10.


Related party transactions

Included in creditors are balances owed to following subsidiaries of the company:
        • Andrews Computer Services Limited: £209,976 (2022: £139,476)
        • Officetechhub Limited: £391,000 (2022: £458,000)
        • Keith Withnall Limited: £1,928 (2022: 4,430)
        • P&J Stone Limited: £3,656 (2022: Nil)
Included in the profit and loss account is the management fees receivable of £20,000 (2022: £75,000) from subsidiary company Andrews Computer Services Limited. 

 
Page 6