Company Registration No. 08205622 (England and Wales)
R Squared Solutions Limited
Unaudited accounts
for the year ended 30 September 2023
R Squared Solutions Limited
Unaudited accounts
Contents
R Squared Solutions Limited
Company Information
for the year ended 30 September 2023
Company Number
08205622 (England and Wales)
Registered Office
63 WENTWORTH PARK
LONDON
N3 1YH
UNITED KINGDOM
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
R Squared Solutions Limited
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
61
420
Creditors: amounts falling due within one year
(3,666)
(47,299)
Net current liabilities
(3,605)
(46,879)
Total assets less current liabilities
(3,075)
(46,470)
Creditors: amounts falling due after more than one year
(19,444)
(20,000)
Net liabilities
(22,519)
(66,470)
Called up share capital
100
100
Profit and loss account
(22,619)
(66,570)
Shareholders' funds
(22,519)
(66,470)
For the year ending 30 September 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 director acknowledges her 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 7 May 2024 and were signed on its behalf by
Renuka Rajagopal
Director
Company Registration No. 08205622
R Squared Solutions Limited
Notes to the Accounts
for the year ended 30 September 2023
R Squared Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 08205622. The registered office is 63 WENTWORTH PARK, LONDON, N3 1YH, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
6,267
1,023
7,290
At 30 September 2023
6,565
1,023
7,588
At 1 October 2022
5,858
1,023
6,881
Charge for the year
177
-
177
At 30 September 2023
6,035
1,023
7,058
At 30 September 2023
530
-
530
At 30 September 2022
409
-
409
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
586
43,999
R Squared Solutions Limited
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).