1 December 2022 false No description of principal activity Taxfiler 2024.5 10867920business:PrivateLimitedCompanyLtd2022-12-012023-11-30 108679202022-11-30 108679202022-12-012023-11-30 10867920business:AuditExemptWithAccountantsReport2022-12-012023-11-30 10867920business:FilletedAccounts2022-12-012023-11-30 108679202023-11-30 10867920business:Director12022-12-012023-11-30 10867920business:RegisteredOffice2022-12-012023-11-30 108679202022-11-30 10867920core:WithinOneYear2023-11-30 10867920core:WithinOneYear2022-11-30 10867920core:AfterOneYear2023-11-30 10867920core:AfterOneYear2022-11-30 10867920core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 10867920core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 10867920core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 10867920core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 10867920core:PreviouslyStatedAmount2023-11-30 10867920core:PreviouslyStatedAmount2022-11-30 10867920business:SmallEntities2022-12-012023-11-30 10867920countries:EnglandWales2022-12-012023-11-30 10867920core:FurnitureFittings2022-12-012023-11-30 10867920core:ComputerEquipment2022-12-012023-11-30 10867920core:FurnitureFittings2022-11-30 10867920core:ComputerEquipment2022-11-30 10867920core:FurnitureFittings2023-11-30 10867920core:ComputerEquipment2023-11-30 10867920business:OrdinaryShareClass12022-12-012023-11-30 10867920business:OrdinaryShareClass12021-12-012022-11-30 10867920business:Director112022-12-012023-11-30 10867920business:Director112022-11-30 10867920business:Director112023-11-30 108679202021-12-012022-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10867920 (England and Wales)
Right Fit Properties (UK) LIMITED Unaudited accounts for the year ended 30 November 2023
Right Fit Properties (UK) LIMITED Unaudited accounts Contents
Page
- 2 -
Right Fit Properties (UK) LIMITED Company Information for the year ended 30 November 2023
Director
LC Santana
Company Number
10867920 (England and Wales)
Registered Office
27 - 28 Commercial Road Swindon SN1 5NS United Kingdom
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
- 3 -
Right Fit Properties (UK) LIMITED Accountants' report
Accountants' report to the director of Right Fit Properties (UK) LIMITED on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Right Fit Properties (UK) LIMITED for the year ended 30 November 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Right Fit Properties (UK) LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Right Fit Properties (UK) LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Right Fit Properties (UK) LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Right Fit Properties (UK) LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Right Fit Properties (UK) LIMITED. You consider that Right Fit Properties (UK) LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Right Fit Properties (UK) LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 9 June 2024
- 4 -
Right Fit Properties (UK) LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,466 
12,114 
Current assets
Debtors
2,942 
1,258 
Cash at bank and in hand
13,350 
10,683 
16,292 
11,941 
Creditors: amounts falling due within one year
(90,102)
(71,520)
Net current liabilities
(73,810)
(59,579)
Total assets less current liabilities
(63,344)
(47,465)
Creditors: amounts falling due after more than one year
(25,368)
(27,000)
Net liabilities
(88,712)
(74,465)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(88,812)
(74,565)
Shareholders' funds
(88,712)
(74,465)
For the year ending 30 November 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.
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 24 June 2024 and were signed on its behalf by
LC Santana Director Company Registration No. 10867920
- 5 -
Right Fit Properties (UK) LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Right Fit Properties (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10867920. The registered office is 27 - 28 Commercial Road, Swindon, SN1 5NS, 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.
3
Accounting policies
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.
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
25% reducing balance
Computer equipment
25% reducing balance
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
20,183 
1,677 
21,860 
Additions
- 
1,457 
1,457 
At 30 November 2023
20,183 
3,134 
23,317 
Depreciation
At 1 December 2022
9,137 
609 
9,746 
Charge for the year
2,761 
344 
3,105 
At 30 November 2023
11,898 
953 
12,851 
Net book value
At 30 November 2023
8,285 
2,181 
10,466 
At 30 November 2022
11,046 
1,068 
12,114 
- 6 -
Right Fit Properties (UK) LIMITED Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,527 
720 
Accrued income and prepayments
- 
538 
Other debtors
415 
- 
2,942 
1,258 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
3,991 
2,783 
Other creditors
15,310 
5,881 
Loans from directors
70,135 
62,301 
Accruals
666 
555 
90,102 
71,520 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
25,368 
27,000 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
LC Santana
Director Current Account
(62,301)
(27,861)
(20,027)
(70,135)
(62,301)
(27,861)
(20,027)
(70,135)
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 7 -