IRIS Accounts Production v24.3.0.553 10456203 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104562032023-03-31104562032024-03-31104562032023-04-012024-03-31104562032022-03-31104562032022-04-012023-03-31104562032023-03-3110456203ns15:EnglandWales2023-04-012024-03-3110456203ns14:PoundSterling2023-04-012024-03-3110456203ns10:Director12023-04-012024-03-3110456203ns10:Director22023-04-012024-03-3110456203ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110456203ns10:SmallEntities2023-04-012024-03-3110456203ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110456203ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110456203ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110456203ns10:FullAccounts2023-04-012024-03-311045620312023-04-012024-03-3110456203ns10:OrdinaryShareClass12023-04-012024-03-3110456203ns10:OrdinaryShareClass22023-04-012024-03-3110456203ns10:RegisteredOffice2023-04-012024-03-3110456203ns5:CurrentFinancialInstruments2024-03-3110456203ns5:CurrentFinancialInstruments2023-03-3110456203ns5:ShareCapital2024-03-3110456203ns5:ShareCapital2023-03-3110456203ns5:RetainedEarningsAccumulatedLosses2024-03-3110456203ns5:RetainedEarningsAccumulatedLosses2023-03-3110456203ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110456203ns5:ComputerSoftware2023-04-012024-03-3110456203ns5:ComputerSoftware2023-03-3110456203ns5:ComputerSoftware2024-03-3110456203ns5:ComputerSoftware2023-03-3110456203ns5:FurnitureFittings2023-03-3110456203ns5:ComputerEquipment2023-03-3110456203ns5:FurnitureFittings2023-04-012024-03-3110456203ns5:ComputerEquipment2023-04-012024-03-3110456203ns5:FurnitureFittings2024-03-3110456203ns5:ComputerEquipment2024-03-3110456203ns5:FurnitureFittings2023-03-3110456203ns5:ComputerEquipment2023-03-3110456203ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3110456203ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3110456203ns5:DeferredTaxation2023-03-3110456203ns5:DeferredTaxation2023-04-012024-03-3110456203ns5:DeferredTaxation2024-03-3110456203ns10:OrdinaryShareClass12024-03-3110456203ns10:OrdinaryShareClass22024-03-31104562031ns10:Director12023-03-31104562031ns10:Director12022-03-31104562031ns10:Director12023-04-012024-03-31104562031ns10:Director12022-04-012023-03-31104562031ns10:Director12024-03-31104562031ns10:Director12023-03-31
REGISTERED NUMBER: 10456203 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

RITTMAN ANALYTICS LIMITED

RITTMAN ANALYTICS LIMITED (REGISTERED NUMBER: 10456203)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RITTMAN ANALYTICS LIMITED

Company Information
for the year ended 31 March 2024







DIRECTORS: M R Rittman
L C Baker





REGISTERED OFFICE: Mocatta House
Trafalgar Place
Brighton
East Sussex
BN1 4DU





REGISTERED NUMBER: 10456203 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

RITTMAN ANALYTICS LIMITED (REGISTERED NUMBER: 10456203)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 17,177 30,510
Tangible assets 5 5,749 11,723
22,926 42,233

CURRENT ASSETS
Debtors 6 109,380 126,354
Cash at bank 87,927 161,105
197,307 287,459
CREDITORS
Amounts falling due within one year 7 (69,615 ) (115,971 )
NET CURRENT ASSETS 127,692 171,488
TOTAL ASSETS LESS CURRENT
LIABILITIES

150,618

213,721

PROVISIONS FOR LIABILITIES 8 (1,370 ) (2,931 )
NET ASSETS 149,248 210,790

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 148,248 209,790
SHAREHOLDERS' FUNDS 149,248 210,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RITTMAN ANALYTICS LIMITED (REGISTERED NUMBER: 10456203)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by:




M R Rittman - Director



L C Baker - Director


RITTMAN ANALYTICS LIMITED (REGISTERED NUMBER: 10456203)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Rittman Analytics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the fair value of consideration received or receivable net of VAT and trade discounts.

Revenue from providing computer consultancy services is recognised as service contract progresses. Revenue not billed is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Fixtures & fittings-33% on cost
Computer equipment-33% on cost

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


RITTMAN ANALYTICS LIMITED (REGISTERED NUMBER: 10456203)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 8 ) .

RITTMAN ANALYTICS LIMITED (REGISTERED NUMBER: 10456203)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Website
£   
COST
At 1 April 2023
and 31 March 2024 40,000
AMORTISATION
At 1 April 2023 9,490
Amortisation for year 13,333
At 31 March 2024 22,823
NET BOOK VALUE
At 31 March 2024 17,177
At 31 March 2023 30,510

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 325 35,531 35,856
Additions 267 179 446
At 31 March 2024 592 35,710 36,302
DEPRECIATION
At 1 April 2023 135 23,998 24,133
Charge for year 160 6,260 6,420
At 31 March 2024 295 30,258 30,553
NET BOOK VALUE
At 31 March 2024 297 5,452 5,749
At 31 March 2023 190 11,533 11,723

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 103,290 117,395
Other debtors 6,090 8,959
109,380 126,354

RITTMAN ANALYTICS LIMITED (REGISTERED NUMBER: 10456203)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 9,428 14,210
Taxation and social security 53,920 63,817
Other creditors 6,267 37,944
69,615 115,971

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,370 2,931

Deferred
tax
£   
Balance at 1 April 2023 2,931
Provided during year (1,561 )
Accelerated capital allowance
Balance at 31 March 2024 1,370

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
510 Ordinary £1 510 510
490 Ordinary A £1 490 490
1,000 1,000

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
M R Rittman
Balance outstanding at start of year 2,293 -
Amounts advanced 1,171 2,607
Amounts repaid (2,702 ) (314 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 762 2,293

Director's loan is interest free and repayable on demand.