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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
Page
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R Squared Solutions Limited Company Information for the year ended 30 September 2023
Director
Renuka Rajagopal
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
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R Squared Solutions Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
530 
409 
Current assets
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)
Capital and reserves
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
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R Squared Solutions Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
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.
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% 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 
Additions
298 
- 
298 
At 30 September 2023
6,565 
1,023 
7,588 
Depreciation
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 
Net book value
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 
Accruals
3,080 
3,300 
3,666 
47,299 
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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 
£ 
£ 
Bank loans
19,444 
20,000 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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