Relate AccountsProduction v2.7.2 v2.7.2 2021-02-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts Investment. 7 March 2024 1 1 08850663 2022-01-31 08850663 2021-01-31 08850663 2020-01-31 08850663 2021-02-01 2022-01-31 08850663 2020-02-01 2021-01-31 08850663 uk-bus:PrivateLimitedCompanyLtd 2021-02-01 2022-01-31 08850663 uk-curr:PoundSterling 2021-02-01 2022-01-31 08850663 uk-bus:SmallCompaniesRegimeForAccounts 2021-02-01 2022-01-31 08850663 uk-bus:AbridgedAccounts 2021-02-01 2022-01-31 08850663 uk-core:ShareCapital 2022-01-31 08850663 uk-core:ShareCapital 2021-01-31 08850663 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 08850663 uk-core:RetainedEarningsAccumulatedLosses 2021-01-31 08850663 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-01-31 08850663 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2021-01-31 08850663 uk-bus:FRS102 2021-02-01 2022-01-31 08850663 uk-core:CostValuation 2022-01-31 08850663 2021-02-01 2022-01-31 08850663 uk-bus:Director1 2021-02-01 2022-01-31 08850663 uk-bus:AuditExempt-NoAccountantsReport 2021-02-01 2022-01-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
RDT Solutions Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 January 2022



RDT Solutions Limited
Company Registration Number: 08850663
ABRIDGED BALANCE SHEET
as at 31 January 2022

2022 2021
Notes £ £
 
Fixed Assets
Tangible assets 4 101,732 101,732
Investments 5 749,883 749,883
───────── ─────────
851,615 851,615
───────── ─────────
 
Current Assets
Debtors 170,541 170,541
Cash and cash equivalents 186,031 272,159
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356,572 442,700
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Creditors: amounts falling due within one year (213,080) (180,387)
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Net Current Assets 143,492 262,313
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Total Assets less Current Liabilities 995,107 1,113,928
 
Creditors:
amounts falling due after more than one year (699,597) (912,195)
───────── ─────────
Net Assets 295,510 201,733
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Retained earnings 295,410 201,633
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Equity attributable to owners of the company 295,510 201,733
═════════ ═════════
 
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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
For the financial year ended 31 January 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 7 March 2024
           
________________________________          
Mr. Fintan Crowley          
Director          
           



RDT Solutions Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 January 2022

   
1. General Information
 
RDT Solutions Limited is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 08850663. The registered office of the company is Level 1, Devonshire House, One Mayfair Place, London, W1J 8AJ which is also the principal place of business of the company. Investment. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 January 2022 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises rental income and other investment income receivable.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Profit and Loss Account.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the profit and loss account in the financial year in which it is receivable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2021 - 1).
 
  2022 2021
  Number Number
 
Management 1 1
  ═════════ ═════════
       
4. Tangible assets
  Investment Total
  properties  
     
  £ £
Cost
At 1 February 2021 101,732 101,732
  ───────── ─────────
 
At 31 January 2022 101,732 101,732
  ───────── ─────────
Depreciation
At 1 February 2021 - -
  ───────── ─────────
At 31 January 2022 - -
  ───────── ─────────
Net book value
At 31 January 2022 101,732 101,732
  ═════════ ═════════
At 31 January 2021 101,732 101,732
  ═════════ ═════════
       
5. Investments
  Other Total
  investments  
     
Investments £ £
Cost
 
At 31 January 2022 749,883 749,883
  ───────── ─────────
Net book value
At 31 January 2022 749,883 749,883
  ═════════ ═════════
At 31 January 2021 749,883 749,883
  ═════════ ═════════
       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 January 2022.
   
7. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.