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REGISTERED NUMBER: 12449337 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

RG3 DIGITAL LIMITED

RG3 DIGITAL LIMITED (REGISTERED NUMBER: 12449337)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


RG3 DIGITAL LIMITED

COMPANY INFORMATION
for the Year Ended 29 February 2024







DIRECTORS: R S Graham
S K Graham





REGISTERED OFFICE: Britannic House
657 Liverpool Road
Irlam
Manchester
Greater Manchester
M44 5XD





REGISTERED NUMBER: 12449337 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

RG3 DIGITAL LIMITED (REGISTERED NUMBER: 12449337)

BALANCE SHEET
29 February 2024

29.2.24 28.2.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 2 216
Tangible assets 5 7,314 1,524
7,316 1,740

CURRENT ASSETS
Debtors 6 23,542 15,669
Cash at bank 14,164 20,682
37,706 36,351
CREDITORS
Amounts falling due within one year 7 (27,938 ) (27,970 )
NET CURRENT ASSETS 9,768 8,381
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,084

10,121

PROVISIONS FOR LIABILITIES (1,390 ) (233 )
NET ASSETS 15,694 9,888

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 15,594 9,788
SHAREHOLDERS' FUNDS 15,694 9,888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RG3 DIGITAL LIMITED (REGISTERED NUMBER: 12449337)

BALANCE SHEET - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by:





S K Graham - Director


RG3 DIGITAL LIMITED (REGISTERED NUMBER: 12449337)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

RG3 Digital Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost and 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

RG3 DIGITAL LIMITED (REGISTERED NUMBER: 12449337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 March 2023
and 29 February 2024 1,800
AMORTISATION
At 1 March 2023 1,584
Amortisation for year 214
At 29 February 2024 1,798
NET BOOK VALUE
At 29 February 2024 2
At 28 February 2023 216

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2023 6,387
Additions 9,722
At 29 February 2024 16,109
DEPRECIATION
At 1 March 2023 4,863
Charge for year 3,932
At 29 February 2024 8,795
NET BOOK VALUE
At 29 February 2024 7,314
At 28 February 2023 1,524

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 20,979 13,313
Other debtors 2,563 2,356
23,542 15,669

RG3 DIGITAL LIMITED (REGISTERED NUMBER: 12449337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 3,461 1,416
Taxation and social security 9,039 15,973
Other creditors 15,438 10,581
27,938 27,970

8. ULTIMATE CONTROLLING PARTY

The controlling party is S K Graham.