2023-03-01 2024-02-29 false No description of principal activity Debitam - Tax and Accounts 1.0 06350745 bus:FullAccounts 2023-03-01 2024-02-29 06350745 bus:FRS102 2023-03-01 2024-02-29 06350745 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 06350745 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 06350745 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 06350745 2023-03-01 2024-02-29 06350745 2024-02-29 06350745 bus:RegisteredOffice 2023-03-01 2024-02-29 06350745 core:WithinOneYear 2024-02-29 06350745 core:AfterOneYear 2024-02-29 06350745 2022-03-01 06350745 bus:Director1 2023-03-01 2024-02-29 06350745 bus:Director1 2024-02-29 06350745 bus:Director1 2022-03-01 2023-02-28 06350745 bus:Director2 2023-03-01 2024-02-29 06350745 bus:Director2 2024-02-29 06350745 bus:Director2 2022-03-01 2023-02-28 06350745 bus:CompanySecretary1 2023-03-01 2024-02-29 06350745 bus:LeadAgentIfApplicable 2023-03-01 2024-02-29 06350745 2022-03-01 2023-02-28 06350745 2023-02-28 06350745 core:WithinOneYear 2023-02-28 06350745 core:AfterOneYear 2023-02-28 06350745 bus:EntityAccountantsOrAuditors 2022-03-01 2023-02-28 06350745 core:PlantMachinery 2023-03-01 2024-02-29 06350745 core:PlantMachinery 2024-02-29 06350745 core:PlantMachinery 2023-02-28 06350745 core:FurnitureFittings 2023-03-01 2024-02-29 06350745 core:FurnitureFittings 2024-02-29 06350745 core:FurnitureFittings 2023-02-28 06350745 core:ComputerEquipment 2023-03-01 2024-02-29 06350745 core:ComputerEquipment 2024-02-29 06350745 core:ComputerEquipment 2023-02-28 06350745 core:OwnedOrFreeholdAssets core:PlantMachinery 2023-03-01 2024-02-29 06350745 core:OwnedOrFreeholdAssets core:PlantMachinery 2024-02-29 06350745 core:OwnedOrFreeholdAssets core:PlantMachinery 2023-02-28 06350745 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-02-29 06350745 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-02-28 06350745 core:CostValuation core:Non-currentFinancialInstruments 2024-02-29 06350745 core:CostValuation core:Non-currentFinancialInstruments 2023-02-28 06350745 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-02-29 06350745 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-29 06350745 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-29 06350745 core:Non-currentFinancialInstruments 2024-02-29 06350745 core:Non-currentFinancialInstruments 2023-02-28 06350745 core:ShareCapital 2024-02-29 06350745 core:ShareCapital 2023-02-28 06350745 core:RetainedEarningsAccumulatedLosses 2024-02-29 06350745 core:RetainedEarningsAccumulatedLosses 2023-02-28 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 06350745
England and Wales

 

 

 


Report of the Directors and Unaudited Financial Statements

for the year ended 29 February 2024

for

RANSITECH SOLUTIONS LTD

 
 
Notes
 
2024
£
  2023
£
Fixed assets
Tangible fixed assets 2 66,530    66,912 
66,530    66,912 
 
Current assets
Debtors 3 849    849 
Cash at bank and in hand 169,589    295,414 
170,438    296,263 
Creditors: amount falling due within one year 4 (141,312)   (121,538)
Net current assets 29,126    174,725 
 
Total assets less current liabilities 95,656    241,637 
Creditors: amount falling due after more than one year 5 (23,129)   (45,677)
Net assets 72,527    195,960 
 

Capital and reserves
Called up share capital 100    100 
Profit and loss account 6 72,427    195,860 
Shareholders fund 72,527    195,960 
 
For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors:


----------------------------------
Aruna Vipperla
Director

Date approved: 26 November 2024
1
Statutory Information
RANSITECH SOLUTIONS LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 06350745, registration address 16 Hafod, Emmer Green, Reading, RG4 8LZ, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).
2.

Tangible fixed assets

Cost or Valuation Freehold property   Plant and machinery   Fixtures and fittings   Computer equipment   Total
  £   £   £   £   £
At 01 March 2023 65,000    2,944    66    4,703    72,713 
Additions        
Disposals        
At 29 February 2024 65,000    2,944    66    4,703    72,713 
Depreciation
At 01 March 2023   2,208    66    3,527    5,801 
Charge for year   147      235    382 
On disposals        
At 29 February 2024   2,355    66    3,762    6,183 
Net book values
Closing balance as at 29 February 2024 65,000    589      941    66,530 
Opening balance as at 01 March 2023 65,000    736      1,176    66,912 

3.

Debtors: amounts falling due within one year

2024
£
  2023
£
Prepayments & accrued income 849    849 
849    849 
4.

Creditors: amount falling due within one year

2024
£
  2023
£
Other creditors 3,820    3,820 
Pension Payable 2,165   
Capital On Tap (Credit Card) 21,626   
HSBC Credit Card 957   
Wages & salaries control account 400   
Directors' loan accounts 10,717    12,243 
Corporation tax 44,216    44,324 
Social security & other tax 35,159    11,039 
Vat 22,252    50,112 
141,312    121,538 
5.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bounce back loan 23,129    33,040 
Social security & other tax   12,637 
23,129    45,677 
6.

Profit and loss account

  2024
£
Balance at 01 March 2023 197,436 
Loss for the year (65,009)
Equity dividend paid (60,000)
Balance at 29 February 2024 72,427 

7.

Average number of employees

Average number of employees during the year was 8  (2023: 2).
2