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Company Registration No. 03030912 (England and Wales)
The Risk Factor Limited Unaudited accounts for the year ended 31 January 2024
The Risk Factor Limited Unaudited accounts Contents
Page
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The Risk Factor Limited Company Information for the year ended 31 January 2024
Directors
Mrs Rhiannon Petty Mr Keith Holmes
Company Number
03030912 (England and Wales)
Registered Office
23 WOODLANDS DRIVE HARROGATE HG2 7AT ENGLAND
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The Risk Factor Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,321 
2,149 
Current assets
Debtors
496,111 
326,174 
Cash at bank and in hand
404,814 
153,533 
900,925 
479,707 
Creditors: amounts falling due within one year
(229,964)
(59,965)
Net current assets
670,961 
419,742 
Total assets less current liabilities
689,282 
421,891 
Creditors: amounts falling due after more than one year
(31,772)
(41,772)
Net assets
657,510 
380,119 
Capital and reserves
Called up share capital
15,780 
15,780 
Profit and loss account
641,730 
364,339 
Shareholders' funds
657,510 
380,119 
For the year ending 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 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 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 of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by
Mrs Rhiannon Petty Director Company Registration No. 03030912
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The Risk Factor Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
The Risk Factor Limited is a private company, limited by shares, registered in England and Wales, registration number 03030912. The registered office is 23 WOODLANDS DRIVE, HARROGATE, HG2 7AT, ENGLAND.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2023
11,723 
Additions
20,520 
At 31 January 2024
32,243 
Depreciation
At 1 February 2023
9,574 
Charge for the year
4,348 
At 31 January 2024
13,922 
Net book value
At 31 January 2024
18,321 
At 31 January 2023
2,149 
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The Risk Factor Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
201,224 
49,431 
Accrued income and prepayments
9,491 
23,826 
Other debtors
225 
380 
210,940 
73,637 
Amounts falling due after more than one year
Other debtors
285,171 
252,537 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,067 
8,826 
Trade creditors
91,693 
20,401 
Taxes and social security
102,857 
24,707 
Other creditors
9,239 
2,759 
Accruals
18,108 
3,272 
229,964 
59,965 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,333 
33,333 
Other creditors
8,439 
8,439 
31,772 
41,772 
8
Average number of employees
During the year the average number of employees was 10 (2023: 9).
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