1 April 2023 v2024.42.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP124939932023-04-012024-03-31124939932024-03-31124939932023-03-3112493993core:WithinOneYear2024-03-3112493993core:WithinOneYear2023-03-3112493993core:AfterOneYear2024-03-3112493993core:AfterOneYear2023-03-3112493993core:ShareCapital2024-03-3112493993core:ShareCapital2023-03-3112493993core:RetainedEarningsAccumulatedLosses2024-03-3112493993core:RetainedEarningsAccumulatedLosses2023-03-3112493993bus:Director12023-04-012024-03-3112493993bus:RegisteredOffice2023-04-012024-03-3112493993core:PlantMachinery2023-04-012024-03-3112493993core:OfficeEquipment2023-04-012024-03-31124939932022-04-012023-03-3112493993core:PlantMachinery2024-03-3112493993core:PlantMachinery2023-04-0112493993core:PlantMachinery2023-03-311249399312023-04-012024-03-3112493993countries:EnglandWales2023-04-012024-03-3112493993bus:AuditExemptWithAccountantsReport2023-04-012024-03-3112493993bus:PrivateLimitedCompanyLtd2023-04-012024-03-3112493993bus:SmallEntities2023-04-012024-03-3112493993bus:FullAccounts2023-04-012024-03-31
Company registration number:
12493993
Rd Wade Consulting Ltd
Unaudited Filleted Financial Statements for the year ended
31 March 2024
Rd Wade Consulting Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Rd Wade Consulting Ltd
Year ended
31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Rd Wade Consulting Ltd
for the year ended
31 March 2024
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Chartered Institute of Management Accountants, I am subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com/​.
This report is made solely to the Board of Directors of
Rd Wade Consulting Ltd
, as a body. My work has been undertaken solely to prepare for your approval the
financial statements
of
Rd Wade Consulting Ltd
and state those matters that I have agreed to state to the Board of Directors of
Rd Wade Consulting Ltd
, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com/​. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Rd Wade Consulting Ltd
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Rd Wade Consulting Ltd
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Rd Wade Consulting Ltd
. You consider that
Rd Wade Consulting Ltd
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Rd Wade Consulting Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
N J C ACCOUNTANCY SERVICES
8 LAVENDER CLOSE
THORNBURY
BS35 1UL
United Kingdom
Date:
30 August 2024
Rd Wade Consulting Ltd
Statement of Financial Position
31 March 2024
20242023
Note££
Fixed assets    
Tangible assets 5
1,415
 
2,289
 
Current assets    
Debtors 6 -  
210
 
Cash at bank and in hand
11,153
 
2,286
 
11,153
 
2,496
 
Creditors: amounts falling due within one year 7
(8,976
)
(2,963
)
Net current assets/(liabilities)
2,177
 
(467
)
Total assets less current liabilities 3,592   1,822  
Creditors: amounts falling due after more than one year 8
(22,017
)
(22,017
)
Net liabilities
(18,425
)
(20,195
)
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
(18,525
)
(20,295
)
Shareholders deficit
(18,425
)
(20,195
)
For the year ending
31 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
30 August 2024
, and are signed on behalf of the board by:
R Wade
Director
Company registration number:
12493993
Rd Wade Consulting Ltd
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
76 Lantern Close
,
Berkeley
,
Gloucestershire
,
GL13 9DE
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
20% straight line
Office equipment
20% straight line

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2023:
2.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2023
and
31 March 2024
4,371
 
Depreciation  
At
1 April 2023
2,082
 
Charge
874
 
At
31 March 2024
2,956
 
Carrying amount  
At
31 March 2024
1,415
 
At 31 March 2023
2,289
 

6 Debtors

20242023
££
Other debtors -  
210
 

7 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
8,276
 
2,313
 
Other creditors
700
 
650
 
8,976
 
2,963
 

8 Creditors: amounts falling due after more than one year

20242023
££
Other creditors
22,017
 
22,017