Acorah Software Products - Accounts Production 16.0.110 false true false 1 March 2023 31 July 2024 31 July 2024 12471141 Mr Gary Hooper Mr Mark Tweedale iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12471141 2023-02-28 12471141 2024-07-31 12471141 2023-03-01 2024-07-31 12471141 frs-core:ComputerEquipment 2024-07-31 12471141 frs-core:ComputerEquipment 2023-03-01 2024-07-31 12471141 frs-core:ComputerEquipment 2023-02-28 12471141 frs-core:FurnitureFittings 2024-07-31 12471141 frs-core:FurnitureFittings 2023-03-01 2024-07-31 12471141 frs-core:FurnitureFittings 2023-02-28 12471141 frs-core:ShareCapital 2024-07-31 12471141 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12471141 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-07-31 12471141 frs-bus:FilletedAccounts 2023-03-01 2024-07-31 12471141 frs-bus:SmallEntities 2023-03-01 2024-07-31 12471141 frs-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-07-31 12471141 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-07-31 12471141 frs-bus:Director1 2023-03-01 2024-07-31 12471141 frs-bus:Director2 2023-03-01 2024-07-31 12471141 frs-countries:EnglandWales 2023-03-01 2024-07-31
Real Time Telecoms Limited
Financial Statements
For the Period 1 March 2023 to 31 July 2024
Contents
Page
Accountants' Report 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Real Time Telecoms Limited For the Period 1 March 2023 to 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Real Time Telecoms Limited For the Period 1 March 2023 to 31 July 2024 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Real Time Telecoms Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Real Time Telecoms Limited and state those matters that we have agreed to state to the directors of Real Time Telecoms Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Real Time Telecoms Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Real Time Telecoms Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Real Time Telecoms Limited . You consider that Real Time Telecoms Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit of the accounts of Real Time Telecoms Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
13 November 2024
Cooper Adams Ltd
Chartered Accountants
12 Payton Street
Stratford upon Avon
Warwickshire
CV37 6UA
Page 1
Page 2
Statement of Financial Position
Registered number: 12471141
31 July 2024
Notes £ £
FIXED ASSETS
Tangible assets 4 4,135
4,135
CURRENT ASSETS
Debtors 12,786
Cash at bank and in hand 2,837
15,623
Creditors: Amounts Falling Due Within One Year (20,153 )
NET CURRENT ASSETS (LIABILITIES) (4,530 )
TOTAL ASSETS LESS CURRENT LIABILITIES (395 )
NET LIABILITIES (395 )
CAPITAL AND RESERVES
Called up share capital 5 1
Income Statement (396 )
SHAREHOLDERS' FUNDS (395)
Page 2
Page 3
For the period 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Gary Hooper
Director
13 November 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Real Time Telecoms Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12471141 . The registered office is Clarendon House, Bridge Street, Kineton, Warwickshire, CV35 0DF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & fittings 25% reducing balance
Computer equipment 33% reducing balance
2.4. Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible assets
Fixtures & fittings Computer equipment Total
£ £ £
Cost
As at 1 March 2023 - - -
Additions 1,800 4,178 5,978
As at 31 July 2024 1,800 4,178 5,978
Depreciation
As at 1 March 2023 - - -
Provided during the period 450 1,393 1,843
As at 31 July 2024 450 1,393 1,843
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 July 2024 1,350 2,785 4,135
As at 1 March 2023 - - -
5. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 1
Page 5