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REGISTERED NUMBER: 06132101 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

R T FACT LIMITED

R T FACT LIMITED (REGISTERED NUMBER: 06132101)

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


R T FACT LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mrs Dawn Patricia Smith





REGISTERED OFFICE: 293 Green Lanes
Palmers Green
London
N13 4XS





REGISTERED NUMBER: 06132101 (England and Wales)





ACCOUNTANTS: ADPL LLP
293 Green Lanes
London
N13 4XS

R T FACT LIMITED (REGISTERED NUMBER: 06132101)

Balance Sheet
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,628 20,785

CURRENT ASSETS
Stocks 182,459 138,200
Debtors 5 34,435 43,940
Cash at bank and in hand 71,105 112,112
287,999 294,252
CREDITORS
Amounts falling due within one year 6 80,579 109,119
NET CURRENT ASSETS 207,420 185,133
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,048

205,918

CREDITORS
Amounts falling due after more than one
year

7

(33,979

)

(39,493

)

PROVISIONS FOR LIABILITIES 8 (2,973 ) (3,763 )
NET ASSETS 187,096 162,662

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 187,094 162,660
SHAREHOLDERS' FUNDS 187,096 162,662

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 director acknowledges her 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.

R T FACT LIMITED (REGISTERED NUMBER: 06132101)

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 director and authorised for issue on 15 November 2024 and were signed by:





Mrs Dawn Patricia Smith - Director


R T FACT LIMITED (REGISTERED NUMBER: 06132101)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

R T Fact 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.

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.

The accounts are prepared on a going concern basis, the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 10 ) .

R T FACT LIMITED (REGISTERED NUMBER: 06132101)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 28,683 6,947 35,630
DEPRECIATION
At 1 April 2023 10,326 4,519 14,845
Charge for year 3,671 486 4,157
At 31 March 2024 13,997 5,005 19,002
NET BOOK VALUE
At 31 March 2024 14,686 1,942 16,628
At 31 March 2023 18,357 2,428 20,785

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 6,740 16,245
Other debtors 27,695 27,695
34,435 43,940

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 10,163 20,745
Taxation and social security 51,152 62,021
Other creditors 19,264 26,353
80,579 109,119

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 33,979 39,493

8. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 2,973 3,763

R T FACT LIMITED (REGISTERED NUMBER: 06132101)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 3,763
Credit to Income Statement during year (790 )
Balance at 31 March 2024 2,973

9. ULTIMATE CONTROLLING PARTY



The company was under the control of Mrs Dawn Patricia Smith throughout the current and previous financial year by the virtue of her 100% shareholding.