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Registered Number: 10630824
England and Wales

 

 

 

RAISING SOLUTIONS LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 3,368    1,313 
3,368    1,313 
Current assets      
Debtors: amounts falling due within one year 1,065    26,999 
Cash at bank and in hand 69,526    22,207 
70,591    49,206 
Creditors: amount falling due within one year (15,296)   (20,581)
Net current assets 55,295    28,625 
 
Total assets less current liabilities 58,663    29,938 
Creditors: amount falling due after more than one year (2,703)   (3,898)
Net assets 55,960    26,040 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 55,860    25,940 
Shareholder's funds 55,960    26,040 
 


For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006 the profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 08 March 2024 and were signed by:


-------------------------------
Sivaji KOLLA
Director
1
General Information
RAISING SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10630824, registration address 8 WhiteHouse street, Ground floor office, Leeds, LS10 1AD.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 3 Years Straight Line
2.

Average number of employees

Average number of employees during the year was 3 (2023 : 4).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 March 2023 1,969    1,969 
Additions 3,164    3,164 
Disposals  
At 29 February 2024 5,133    5,133 
Depreciation
At 01 March 2023 656    656 
Charge for year 1,109    1,109 
On disposals  
At 29 February 2024 1,765    1,765 
Net book values
Closing balance as at 29 February 2024 3,368    3,368 
Opening balance as at 01 March 2023 1,313    1,313 


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