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Company Registration No. 11140787 (England and Wales)
Rapid Quote Ltd Unaudited accounts for the year ended 31 December 2023
Rapid Quote Ltd Unaudited accounts Contents
Page
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Rapid Quote Ltd Company Information for the year ended 31 December 2023
Directors
Angelo CALABRESE Steven John WARDEN Emmanuel FLOR
Company Number
11140787 (England and Wales)
Registered Office
128 City Road London EC1V 2NX
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
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Rapid Quote Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
131 
231 
Cash at bank and in hand
2,006 
2,184 
2,137 
2,415 
Creditors: amounts falling due within one year
(1,092)
(1,080)
Net current assets
1,045 
1,335 
Total assets less current liabilities
1,045 
1,335 
Creditors: amounts falling due after more than one year
(18,850)
(12,090)
Net liabilities
(17,805)
(10,755)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(17,905)
(10,855)
Shareholders' funds
(17,805)
(10,755)
For the year ending 31 December 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 26 June 2024 and were signed on its behalf by
Angelo CALABRESE Director Company Registration No. 11140787
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Rapid Quote Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Rapid Quote Ltd is a private company, limited by shares, registered in England and Wales, registration number 11140787. The registered office is 128 City Road, London, EC1V 2NX.
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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
131 
231 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,092 
1,080 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
18,850 
12,090 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Angelo CALABRESE
Loan 0% interest, on demand
231 
- 
100 
131 
231 
- 
100 
131 
During the year, the director was granted a short term loan. The maximum liability during the year was £231 of which £131 was still outstanding as at the balance sheet date. The loan is to be repaid on demand and interest-free.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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