Registered number
08444057
RJ Network Solutions Ltd
Filleted Accounts
31 March 2024
RJ Network Solutions Ltd
Registered number: 08444057
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £ £ £
Fixed assets
Tangible assets 3 7,677 8,516
Current assets
Debtors 4 27,176 23,979
Cash at bank and in hand 36,435 55,283
63,611 79,262
Creditors: amounts falling due within one year 5 (19,741) (14,315)
Net current assets 43,870 64,947
Total assets less current liabilities 51,547 73,463
Provisions for liabilities (1,450) -
Net assets 50,097 73,463
Capital and reserves
Called up share capital 6 1 1
Profit and loss account 50,096 73,462
Shareholder's funds 50,097 73,463
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Stafford
Director
Approved by the board on 7 October 2024
RJ Network Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

The accounts are presented in Sterling which is the functional currency of the company and rounded to the nearest £.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles 20% reducing balance
Equipment, fixtures and fittings 3 and 4 years straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Equipment, fixtures and fittings Motor vehicles Total
£ £ £
Cost
At 1 April 2023 8,341 14,570 22,911
Additions 1,853 - 1,853
Disposals (5,326) - (5,326)
At 31 March 2024 4,868 14,570 19,438
Depreciation
At 1 April 2023 7,285 7,110 14,395
Charge for the year 1,199 1,492 2,691
On disposals (5,325) - (5,325)
At 31 March 2024 3,159 8,602 11,761
Net book value
At 31 March 2024 1,709 5,968 7,677
At 31 March 2023 1,056 7,460 8,516
4 Debtors 2024 2023
£ £
Trade debtors 15,776 9,440
Other debtors 11,400 14,539
27,176 23,979
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 175 81
Taxation and social security costs 5,042 11,528
Other creditors 14,524 2,706
19,741 14,315
6 Share capital 2024 2023
£ £
Allotted, called up and fully paid:
Ordinary shares 1 1
7 Other information
RJ Network Solutions Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:
Ground Floor, Advance House
9 Waterfall Lane Trading Estate
Cradley Heath
West Midlands
B64 6PU
Its registered number is: 08444057
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