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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
Page
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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
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RIDICULOUS SOLUTIONS (SW) LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,247 
2,997 
Current assets
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)
Net assets
257 
457 
Capital and reserves
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
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RIDICULOUS SOLUTIONS (SW) LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
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 year, 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:
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 
Depreciation
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 
Net book value
At 31 May 2024
1,838 
206 
203 
2,247 
At 31 May 2023
2,450 
275 
272 
2,997 
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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 
VAT
9,073 
11,993 
Trade creditors
242 
441 
Taxes and social security
8,133 
6,694 
Other creditors
3,422 
- 
Loans from directors
(31,878)
(25,628)
Deferred income
27,550 
24,000 
16,542 
29,691 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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