Company Registration No. 12003270 (England and Wales)
RIDICULOUS SOLUTIONS (SW) LTD
Unaudited accounts
for the year ended 31 May 2024
RIDICULOUS SOLUTIONS (SW) LTD
Unaudited accounts
Contents
RIDICULOUS SOLUTIONS (SW) LTD
Company Information
for the year ended 31 May 2024
Directors
Mr R Martin
Miss H Baker
Company Number
12003270 (England and Wales)
Registered Office
3 SPRINGFIELD ROAD
ILFRACOMBE
EX34 9JW
ENGLAND
Accountants
North Devon Accounts
4 Cross Tree Centre
Caen Street
Braunton
Devon
EX33 1AA
RIDICULOUS SOLUTIONS (SW) LTD
Statement of financial position
as at 31 May 2024
Tangible assets
2,247
2,997
Cash at bank and in hand
14,552
27,151
Creditors: amounts falling due within one year
(16,542)
(29,691)
Net current liabilities
(1,990)
(2,540)
Called up share capital
2
2
Profit and loss account
255
455
Shareholders' funds
257
457
For the year ending 31 May 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 6 January 2025 and were signed on its behalf by
Mr R Martin
Director
Company Registration No. 12003270
RIDICULOUS SOLUTIONS (SW) LTD
Notes to the Accounts
for the year ended 31 May 2024
RIDICULOUS SOLUTIONS (SW) LTD is a private company, limited by shares, registered in England and Wales, registration number 12003270. The registered office is 3 SPRINGFIELD ROAD, ILFRACOMBE, EX34 9JW, ENGLAND.
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 remained unchanged from the previous year, and also 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.
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:
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
7,740
367
541
8,648
At 31 May 2024
7,740
367
541
8,648
At 1 June 2023
5,290
92
269
5,651
Charge for the year
612
69
69
750
At 31 May 2024
5,902
161
338
6,401
At 31 May 2024
1,838
206
203
2,247
At 31 May 2023
2,450
275
272
2,997
RIDICULOUS SOLUTIONS (SW) LTD
Notes to the Accounts
for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
12,191
Taxes and social security
8,133
6,694
Loans from directors
(31,878)
(25,628)
Deferred income
27,550
24,000
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).