2022-11-292024-03-312024-03-31false14513703RTIG INFORM LIMITED2024-08-29iso4217:GBPxbrli:pure145137032022-11-29145137032024-03-31145137032022-11-292024-03-31145137032022-11-28145137032022-11-28145137032022-11-282022-11-2814513703bus:SmallEntities2022-11-292024-03-3114513703bus:AuditExempt-NoAccountantsReport2022-11-292024-03-3114513703bus:FullAccounts2022-11-292024-03-3114513703bus:CompanyLimitedByGuarantee2022-11-292024-03-3114513703core:WithinOneYear2024-03-3114513703core:AfterOneYear2024-03-3114513703core:WithinOneYear2022-11-2814513703core:AfterOneYear2022-11-2814513703core:ShareCapital2024-03-3114513703core:SharePremium2024-03-3114513703core:RevaluationReserve2024-03-3114513703core:OtherReservesSubtotal2024-03-3114513703core:RetainedEarningsAccumulatedLosses2024-03-3114513703core:ShareCapital2022-11-2814513703core:SharePremium2022-11-2814513703core:RevaluationReserve2022-11-2814513703core:OtherReservesSubtotal2022-11-2814513703core:RetainedEarningsAccumulatedLosses2022-11-2814513703core:LandBuildings2024-03-3114513703core:PlantMachinery2024-03-3114513703core:Vehicles2024-03-3114513703core:FurnitureFittings2024-03-3114513703core:OfficeEquipment2024-03-3114513703core:NetGoodwill2024-03-3114513703core:IntangibleAssetsOtherThanGoodwill2024-03-3114513703core:ListedExchangeTraded2024-03-3114513703core:UnlistedNon-exchangeTraded2024-03-3114513703core:LandBuildings2022-11-2814513703core:PlantMachinery2022-11-2814513703core:Vehicles2022-11-2814513703core:FurnitureFittings2022-11-2814513703core:OfficeEquipment2022-11-2814513703core:NetGoodwill2022-11-2814513703core:IntangibleAssetsOtherThanGoodwill2022-11-2814513703core:ListedExchangeTraded2022-11-2814513703core:UnlistedNon-exchangeTraded2022-11-2814513703core:LandBuildings2022-11-292024-03-3114513703core:PlantMachinery2022-11-292024-03-3114513703core:Vehicles2022-11-292024-03-3114513703core:FurnitureFittings2022-11-292024-03-3114513703core:OfficeEquipment2022-11-292024-03-3114513703core:NetGoodwill2022-11-292024-03-3114513703core:IntangibleAssetsOtherThanGoodwill2022-11-292024-03-3114513703core:ListedExchangeTraded2022-11-292024-03-3114513703core:UnlistedNon-exchangeTraded2022-11-292024-03-3114513703core:MoreThanFiveYears2022-11-292024-03-3114513703core:Non-currentFinancialInstruments2024-03-3114513703core:Non-currentFinancialInstruments2022-11-2814513703dpl:CostSales2022-11-292024-03-3114513703dpl:DistributionCosts2022-11-292024-03-3114513703core:LandBuildings2022-11-292024-03-3114513703core:PlantMachinery2022-11-292024-03-3114513703core:Vehicles2022-11-292024-03-3114513703core:FurnitureFittings2022-11-292024-03-3114513703core:OfficeEquipment2022-11-292024-03-3114513703dpl:AdministrativeExpenses2022-11-292024-03-3114513703core:NetGoodwill2022-11-292024-03-3114513703core:IntangibleAssetsOtherThanGoodwill2022-11-292024-03-3114513703dpl:GroupUndertakings2022-11-292024-03-3114513703dpl:ParticipatingInterests2022-11-292024-03-3114513703dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-292024-03-3114513703core:ListedExchangeTraded2022-11-292024-03-3114513703dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-292024-03-3114513703core:UnlistedNon-exchangeTraded2022-11-292024-03-3114513703dpl:CostSales2022-11-282022-11-2814513703dpl:DistributionCosts2022-11-282022-11-2814513703core:LandBuildings2022-11-282022-11-2814513703core:PlantMachinery2022-11-282022-11-2814513703core:Vehicles2022-11-282022-11-2814513703core:FurnitureFittings2022-11-282022-11-2814513703core:OfficeEquipment2022-11-282022-11-2814513703dpl:AdministrativeExpenses2022-11-282022-11-2814513703core:NetGoodwill2022-11-282022-11-2814513703core:IntangibleAssetsOtherThanGoodwill2022-11-282022-11-2814513703dpl:GroupUndertakings2022-11-282022-11-2814513703dpl:ParticipatingInterests2022-11-282022-11-2814513703dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-282022-11-2814513703core:ListedExchangeTraded2022-11-282022-11-2814513703dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-282022-11-2814513703core:UnlistedNon-exchangeTraded2022-11-282022-11-2814513703core:NetGoodwill2024-03-3114513703core:IntangibleAssetsOtherThanGoodwill2024-03-3114513703core:LandBuildings2024-03-3114513703core:PlantMachinery2024-03-3114513703core:Vehicles2024-03-3114513703core:FurnitureFittings2024-03-3114513703core:OfficeEquipment2024-03-3114513703core:AfterOneYear2024-03-3114513703core:WithinOneYear2024-03-3114513703core:ListedExchangeTraded2024-03-3114513703core:UnlistedNon-exchangeTraded2024-03-3114513703core:ShareCapital2024-03-3114513703core:SharePremium2024-03-3114513703core:RevaluationReserve2024-03-3114513703core:OtherReservesSubtotal2024-03-3114513703core:RetainedEarningsAccumulatedLosses2024-03-3114513703core:NetGoodwill2022-11-2814513703core:IntangibleAssetsOtherThanGoodwill2022-11-2814513703core:LandBuildings2022-11-2814513703core:PlantMachinery2022-11-2814513703core:Vehicles2022-11-2814513703core:FurnitureFittings2022-11-2814513703core:OfficeEquipment2022-11-2814513703core:AfterOneYear2022-11-2814513703core:WithinOneYear2022-11-2814513703core:ListedExc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RTIG INFORM LIMITED

Registered Number
14513703
(England and Wales)

Unaudited Financial Statements for the Period ended
31 March 2024

RTIG INFORM LIMITED
Company Information
for the period from 29 November 2022 to 31 March 2024

Directors

BROWN, Anthony
CONNELL, George
DAVIES, Graham
GARD, Russell
GOLD, Simon Anthony
MAHER, Darren
SPARKS, Sonya Elizabeth

Company Secretary

RIVETT, Timothy Michael

Registered Address

C/O Tim Rivett Consulting Ltd 36 Fields End
Oxspring
Sheffield
S36 8WH

Registered Number

14513703 (England and Wales)
RTIG INFORM LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

£

£

Current assets
Debtors316,735
Cash at bank and on hand4,786,590
4,803,325
Creditors amounts falling due within one year4(56,068)
Net current assets (liabilities)4,747,257
Total assets less current liabilities4,747,257
Creditors amounts falling due after one year5(4,741,015)
Net assets6,242
Capital and reserves
Called up share capital1
Profit and loss account6,241
Reserves6,242
The financial statements were approved and authorised for issue by the Board of Directors on 29 August 2024, and are signed on its behalf by:
GARD, Russell
Director
Registered Company No. 14513703
RTIG INFORM LIMITED
Notes to the Financial Statements
for the period ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Interest income
Interest income is recognised using the effective interest rate method.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Related parties
For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.
Government grants or assistance
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.
2.Average number of employees

2024
Average number of employees during the year0
3.Debtors: amounts due within one year

2024

£
Trade debtors / trade receivables1
Other debtors16,015
Prepayments and accrued income719
Total16,735
4.Creditors: amounts due within one year

2024

£
Trade creditors / trade payables38,407
Taxation and social security1,464
Accrued liabilities and deferred income16,197
Total56,068
5.Creditors: amounts due after one year

2024

£
Other creditors4,741,015
Total4,741,015
Included within other creditors is income from a Government Grant, where by, RTIG Inform Limited act as an intermediary to distribute the funds to third parties.
6.Related party transactions
During the financial year, the company paid £109,167 to Tim Rivett Consulting Ltd in respect of consultancy services, a company owned by Mr T Rivett.