Company registration number 09950955 (England and Wales)
RFA Design Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 31 January 2024
PAGES FOR FILING WITH REGISTRAR
RFA Design Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
RFA Design Ltd
Statement of financial position
as at 31 January 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
7,098
20,038
Cash at bank and in hand
47,757
5,862
54,855
25,900
Creditors: amounts falling due within one year
4
(20,284)
(13,091)
Net current assets
34,571
12,809
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
34,471
12,709
Total equity
34,571
12,809
For the financial year ended 31 January 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 of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 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.
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 4 September 2024
A P Galvin
Director
Company registration number 09950955 (England and Wales)
RFA Design Ltd
Notes to the financial statements
for the year ended 31 January 2024
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover represents the fair value of the consideration received for services provided in the normal course of business, and is shown net of VAT. Turnover is recognised upon the provision of services.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
7,098
20,038
4
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
13,154
5,573
Other taxation and social security
4,827
5,432
Other creditors
503
286
Accruals and deferred income
1,800
1,800
20,284
13,091
RFA Design Ltd
Notes to the financial statements (continued)
for the year ended 31 January 2024
- 3 -
5
Company information
RFA Design Ltd is a private company limited by shares incorporated in England and Wales. The registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.