Company Registration No. 12096465 (England and Wales)
THE RIGHT & THE LEFT LTD
Unaudited accounts
for the year ended 31 July 2024
THE RIGHT & THE LEFT LTD
Unaudited accounts
Contents
THE RIGHT & THE LEFT LTD
Company Information
for the year ended 31 July 2024
Director
Sarah Rachel Fleming
Company Number
12096465 (England and Wales)
Registered Office
Fairfields
Carlton Road
South Godstone
Godstone
RH9 8LG
Accountants
Ranger Accounting Limited
Fairfields
Carlton Road
South Godstone
Godstone
RH9 8LG
THE RIGHT & THE LEFT LTD
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
87,450
68,301
Creditors: amounts falling due within one year
917
(11,061)
Net current assets
92,876
83,910
Called up share capital
1
1
Profit and loss account
93,017
84,320
Shareholders' funds
93,018
84,321
For the year ending 31 July 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 director acknowledges her 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 and authorised for issue on 17 November 2024 and were signed on its behalf by
Sarah Rachel Fleming
Director
Company Registration No. 12096465
THE RIGHT & THE LEFT LTD
Notes to the Accounts
for the year ended 31 July 2024
THE RIGHT & THE LEFT LTD is a private company, limited by shares, registered in England and Wales, registration number 12096465. The registered office is Fairfields, Carlton Road, South Godstone, Godstone, RH9 8LG.
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.
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
33% Straight line
4
Tangible fixed assets
Plant & machinery
THE RIGHT & THE LEFT LTD
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
1,800
23,961
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,338
11,195
Loans from directors
(5,000)
654
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan
-
5,000
-
5,000
8
Transactions with related parties
During the period, as Director and shareholder, Miss Fleming was issued Dividends of £1,000.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).