RACJAC SOLUTIONS LTD.

Company Registration Number:
10980440 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

RACJAC SOLUTIONS LTD.

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Additional notes
Balance sheet notes

RACJAC SOLUTIONS LTD.

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 5,168 6,460
Total fixed assets: 5,168 6,460
Current assets
Debtors: 4 1,668 5,021
Cash at bank and in hand: 677 2,711
Total current assets: 2,345 7,732
Creditors: amounts falling due within one year: 5 ( 81,857 ) ( 52,089 )
Net current assets (liabilities): (79,512) (44,357)
Total assets less current liabilities: (74,344) ( 37,897)
Creditors: amounts falling due after more than one year: 6 ( 15,013 ) ( 22,826 )
Total net assets (liabilities): (89,357) (60,723)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (89,457 ) (60,823 )
Total Shareholders' funds: ( 89,357 ) (60,723)

The notes form part of these financial statements

RACJAC SOLUTIONS LTD.

Balance sheet statements

For the year ending 30 September 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 23 September 2024
and signed on behalf of the board by:

Name: Mr J Gathercole
Status: Director

The notes form part of these financial statements

RACJAC SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Office Equipment -20% reducing balance

    Other accounting policies

    The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period.

RACJAC SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

RACJAC SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 17,456 17,456
Additions
Disposals
Revaluations
Transfers
At 30 September 2023 17,456 17,456
Depreciation
At 1 October 2022 10,996 10,996
Charge for year 1,292 1,292
On disposals
Other adjustments
At 30 September 2023 12,288 12,288
Net book value
At 30 September 2023 5,168 5,168
At 30 September 2022 6,460 6,460

RACJAC SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Debtors

2023 2022
£ £
Trade debtors 936 0
Other debtors 732 5,021
Total 1,668 5,021

RACJAC SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 7,632 7,632
Taxation and social security 6,899 7,634
Other creditors 67,326 36,823
Total 81,857 52,089

RACJAC SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 September 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 15,013 22,826
Total 15,013 22,826

RACJAC SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 September 2023

7. Loans to directors

The directors' loan accounts remained in credit throughout the year. The loans are interest free, repayable on demand and disclosed under Other Creditors.