1 March 2023 false No description of principal activity Taxfiler 2024.6 07965881business:PrivateLimitedCompanyLtd2023-03-012024-02-28 079658812023-02-28 079658812023-03-012024-02-28 07965881business:AuditExempt-NoAccountantsReport2023-03-012024-02-28 07965881business:FilletedAccounts2023-03-012024-02-28 079658812024-02-28 07965881business:Director12023-03-012024-02-28 07965881business:RegisteredOffice2023-03-012024-02-28 079658812023-02-28 07965881core:WithinOneYear2024-02-28 07965881core:WithinOneYear2023-02-28 07965881core:AfterOneYear2024-02-28 07965881core:AfterOneYear2023-02-28 07965881core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 07965881core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 07965881core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 07965881core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 07965881core:PreviouslyStatedAmount2024-02-28 07965881core:PreviouslyStatedAmount2023-02-28 07965881business:SmallEntities2023-03-012024-02-28 07965881countries:EnglandWales2023-03-012024-02-28 07965881core:ComputerEquipment2023-03-012024-02-28 07965881core:ComputerEquipment2023-02-28 07965881core:ComputerEquipment2024-02-28 079658812022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 07965881 (England and Wales)
RHIT Solutions (UK) Limited Unaudited accounts for the period from 1 March 2023 to 28 February 2024
RHIT Solutions (UK) Limited Unaudited accounts Contents
Page
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RHIT Solutions (UK) Limited Company Information for the period from 1 March 2023 to 28 February 2024
Director
Ibrar Hussain
Company Number
07965881 (England and Wales)
Registered Office
263 Manningham Lane Bradford BD8 7EP
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RHIT Solutions (UK) Limited Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,132 
2,835 
Current assets
Inventories
27,476 
27,750 
Debtors
1,234 
170 
Cash at bank and in hand
1,877 
2,202 
30,587 
30,122 
Creditors: amounts falling due within one year
(7,551)
(2,495)
Net current assets
23,036 
27,627 
Total assets less current liabilities
27,168 
30,462 
Creditors: amounts falling due after more than one year
(7,708)
(9,771)
Net assets
19,460 
20,691 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
19,459 
20,690 
Shareholders' funds
19,460 
20,691 
For the period ending 28 February 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 his 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 26 November 2024 and were signed on its behalf by
Ibrar Hussain Director Company Registration No. 07965881
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RHIT Solutions (UK) Limited Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
RHIT Solutions (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 07965881. The registered office is 263 Manningham Lane, Bradford, BD8 7EP.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
18
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
5,979 
Additions
2,204 
At 28 February 2024
8,183 
Depreciation
At 1 March 2023
3,144 
Charge for the period
907 
At 28 February 2024
4,051 
Net book value
At 28 February 2024
4,132 
At 28 February 2023
2,835 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,234 
170 
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RHIT Solutions (UK) Limited Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,137 
777 
Other creditors
4,984 
988 
Accruals
1,430 
730 
7,551 
2,495 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,175 
7,270 
Taxes and social security
2,533 
2,501 
7,708 
9,771 
8
Average number of employees
During the period the average number of employees was 2 (2023: 3).
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