Company Registration No. 14607245 (England and Wales)
Remote Camera Research Limited
Unaudited accounts
for the period from 20 January 2023 to 31 January 2024
Remote Camera Research Limited
Unaudited accounts
Contents
Remote Camera Research Limited
Company Information
for the period from 20 January 2023 to 31 January 2024
Directors
David Mothershaw
Louise Macmorran
Company Number
14607245 (England and Wales)
Accountants
Evans Entwistle
Office 12a
Equinox South, Great Park Road
Bradley Stoke
Bristol
BS32 4QL
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Remote Camera Research Limited
for the period from 20 January 2023 to 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Remote Camera Research Limited for the period from 20 January 2023 to 31 January 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Office 12a
Equinox South, Great Park Road
Bradley Stoke
Bristol
BS32 4QL
15 November 2024
Remote Camera Research Limited
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
47,691
Creditors: amounts falling due within one year
(15,855)
Total assets less current liabilities
179,225
Creditors: amounts falling due after more than one year
(138,248)
Provisions for liabilities
Called up share capital
100
Profit and loss account
35,469
Shareholders' funds
35,569
For the period 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 15 November 2024 and were signed on its behalf by
David Mothershaw
Director
Company Registration No. 14607245
Remote Camera Research Limited
Notes to the Accounts
for the period from 20 January 2023 to 31 January 2024
Remote Camera Research Limited is a private company, limited by shares, registered in England and Wales, registration number 14607245.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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
5 years straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Remote Camera Research Limited
Notes to the Accounts
for the period from 20 January 2023 to 31 January 2024
4
Tangible fixed assets
Plant & machinery
At 31 January 2024
158,721
Charge for the period
11,144
At 31 January 2024
147,389
5
Creditors: amounts falling due within one year
2024
Taxes and social security
11,181
6
Creditors: amounts falling due after more than one year
2024
Loans from directors
138,248
Accelerated capital allowances
5,408
Charged to the profit and loss account
5,408
Provision at end of period
5,408
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
Remote Camera Research Limited
Notes to the Accounts
for the period from 20 January 2023 to 31 January 2024
9
Average number of employees
During the period the average number of employees was 1.