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Company Registration No. 14088913 (England and Wales)
RST NETWORKS SOLUTIONS LTD Unaudited accounts for the year ended 31 May 2024
RST NETWORKS SOLUTIONS LTD Unaudited accounts Contents
Page
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RST NETWORKS SOLUTIONS LTD Company Information for the year ended 31 May 2024
Director
Fasiel Rashid
Company Number
14088913 (England and Wales)
Registered Office
6 PENNINE PARADE PENNINE DRIVE LONDON NW2 1NT
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RST NETWORKS SOLUTIONS LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,005 
5,340 
Current assets
Debtors
56,551 
10,000 
Cash at bank and in hand
10,897 
32,278 
67,448 
42,278 
Creditors: amounts falling due within one year
(8,953)
(1,950)
Net current assets
58,495 
40,328 
Net assets
62,500 
45,668 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
62,400 
45,568 
Shareholders' funds
62,500 
45,668 
For the year ending 31 May 2024 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 8 August 2024 and were signed on its behalf by
Fasiel Rashid Director Company Registration No. 14088913
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RST NETWORKS SOLUTIONS LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
RST NETWORKS SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 14088913. The registered office is 6 PENNINE PARADE, PENNINE DRIVE, LONDON, NW2 1NT.
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.
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.
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:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
7,120 
At 31 May 2024
7,120 
Depreciation
At 1 June 2023
1,780 
Charge for the year
1,335 
At 31 May 2024
3,115 
Net book value
At 31 May 2024
4,005 
At 31 May 2023
5,340 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
10,000 
Amounts due from group undertakings etc.
30,298 
- 
Accrued income and prepayments
26,253 
- 
56,551 
10,000 
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RST NETWORKS SOLUTIONS LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,003 
- 
Loans from directors
750 
750 
Accruals
1,200 
1,200 
8,953 
1,950 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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