Company Registration No. 06660102 (England and Wales)
RT Sixty Limited
Unaudited accounts
for the year ended 31 July 2023
RT Sixty Limited
Unaudited accounts
Contents
RT Sixty Limited
Company Information
for the year ended 31 July 2023
Directors
Dr E R Toulson
Dr M Exarchos
Company Number
06660102 (England and Wales)
Registered Office
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
United Kingdom
Accountants
Evolve Accounting and Tax Solutions Ltd
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
RT Sixty Limited
Statement of financial position
as at 31 July 2023
Intangible assets
5,080
5,435
Tangible assets
22,421
20,811
Cash at bank and in hand
2,336
17,124
Creditors: amounts falling due within one year
(13,561)
(22,806)
Net current (liabilities)/assets
(10,925)
3,817
Called up share capital
1,000
1,000
Profit and loss account
15,576
29,063
Shareholders' funds
16,576
30,063
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 25 January 2024 and were signed on its behalf by
Dr E R Toulson
Director
Company Registration No. 06660102
RT Sixty Limited
Notes to the Accounts
for the year ended 31 July 2023
RT Sixty Limited is a private company, limited by shares, registered in England and Wales, registration number 06660102. The registered office is Congress House, 14 Lyon Road, Harrow, Middlesex, HA1 2EN, United Kingdom.
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.
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:
Fixtures & fittings
15% Written Down Value
Computer equipment
15% Written Down Value
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is provided at 20% written down value basis.
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Intangible fixed assets
Other
RT Sixty Limited
Notes to the Accounts
for the year ended 31 July 2023
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2022
1,389
43,643
45,032
At 31 July 2023
1,389
48,043
49,432
At 1 August 2022
385
23,836
24,221
Charge for the year
151
2,639
2,790
At 31 July 2023
536
26,475
27,011
At 31 July 2023
853
21,568
22,421
At 31 July 2022
1,004
19,807
20,811
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
11,030
9,077
Loans from directors
300
3,047
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Transactions with related parties
Included in other creditors is the sum of £300 (2022: £3,047) due to the directors. There are no terms as the interest or repayment of this loan.
During the year under review, the company paid £60,000 (2022: £40,000) dividends to the directors.
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Average number of employees
During the year the average number of employees was 2 (2022: 2).