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Company Registration No. 10206639 (England and Wales)
Right Choice IT Solutions Ltd Unaudited accounts for the year ended 31 May 2024
Right Choice IT Solutions Ltd Unaudited accounts Contents
Page
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Right Choice IT Solutions Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
415 
831 
Current assets
Debtors
9,690 
10,800 
Cash at bank and in hand
61,739 
32,945 
71,429 
43,745 
Creditors: amounts falling due within one year
(51,495)
(26,825)
Net current assets
19,934 
16,920 
Total assets less current liabilities
20,349 
17,751 
Creditors: amounts falling due after more than one year
(19,373)
(15,555)
Net assets
976 
2,196 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
966 
2,186 
Shareholders' funds
976 
2,196 
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 10 June 2024 and were signed on its behalf by
Mr Ramu Gande Director Company Registration No. 10206639
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Right Choice IT Solutions Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Right Choice IT Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10206639. The registered office is 9 Florin Close, Pennyland, Milton Keynes, MK15 8AG, 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.
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:
Fixtures & fittings
25% Straightline
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2023
3,468 
At 31 May 2024
3,468 
Depreciation
At 1 June 2023
2,637 
Charge for the year
416 
At 31 May 2024
3,053 
Net book value
At 31 May 2024
415 
At 31 May 2023
831 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,690 
10,800 
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Right Choice IT Solutions Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
10,834 
6,369 
Other creditors
40,661 
20,456 
51,495 
26,825 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,373 
15,555 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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