1 May 2023 false No description of principal activity Taxfiler 2024.6 10708431business:PrivateLimitedCompanyLtd2023-05-012024-04-30 107084312023-04-30 107084312023-05-012024-04-30 10708431business:AuditExemptWithAccountantsReport2023-05-012024-04-30 10708431business:FilletedAccounts2023-05-012024-04-30 107084312024-04-30 10708431business:Director12023-05-012024-04-30 10708431business:Director22023-05-012024-04-30 10708431business:CompanySecretary12023-05-012024-04-30 10708431business:RegisteredOffice2023-05-012024-04-30 107084312023-04-30 10708431core:WithinOneYear2024-04-30 10708431core:WithinOneYear2023-04-30 10708431core:AfterOneYear2024-04-30 10708431core:AfterOneYear2023-04-30 10708431core:SharePremiumcore:PreviouslyStatedAmount2024-04-30 10708431core:SharePremiumcore:PreviouslyStatedAmount2023-04-30 10708431core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 10708431core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 10708431core:PreviouslyStatedAmount2024-04-30 10708431core:PreviouslyStatedAmount2023-04-30 10708431business:SmallEntities2023-05-012024-04-30 10708431countries:EnglandWales2023-05-012024-04-30 10708431core:FurnitureFittings2023-05-012024-04-30 10708431core:FurnitureFittings2023-04-30 10708431core:FurnitureFittings2024-04-30 107084312022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 10708431 (England and Wales)
RITZMART LTD Unaudited accounts for the year ended 30 April 2024
RITZMART LTD Unaudited accounts Contents
Page
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RITZMART LTD Company Information for the year ended 30 April 2024
Directors
Mrs. Ashani Randini Perera Mr. Bastian Koralage Nuwan Saliya Rodrigo
Secretary
Ashani Randini Perera
Company Number
10708431 (England and Wales)
Registered Office
10 Hallowes Crescent Watford WD19 7NT England
Accountants
NJ Accountants Ltd CIMA Member In Practice, FCMA, CGMA 53 Edgefield Avenue Barking Essex IG11 9JL
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RITZMART LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
345 
982 
Current assets
Inventories
100,000 
100,000 
Debtors
1,902 
1,200 
Cash at bank and in hand
(2,618)
(1,585)
99,284 
99,615 
Creditors: amounts falling due within one year
(70,306)
(79,827)
Net current assets
28,978 
19,788 
Total assets less current liabilities
29,323 
20,770 
Creditors: amounts falling due after more than one year
(42,123)
(42,666)
Net liabilities
(12,800)
(21,896)
Capital and reserves
Share premium
100 
100 
Profit and loss account
(12,900)
(21,996)
Shareholders' funds
(12,800)
(21,896)
For the year ending 30 April 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 20 January 2025 and were signed on its behalf by
Mrs. Ashani Randini Perera Director Company Registration No. 10708431
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RITZMART LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
RITZMART LTD is a private company, limited by shares, registered in England and Wales, registration number 10708431. The registered office is 10 Hallowes Crescent, Watford, WD19 7NT, 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:
Fixtures & fittings
18% Straight line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
3,541 
At 30 April 2024
3,541 
Depreciation
At 1 May 2023
2,559 
Charge for the year
637 
At 30 April 2024
3,196 
Net book value
At 30 April 2024
345 
At 30 April 2023
982 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
702 
- 
Other debtors
1,200 
1,200 
1,902 
1,200 
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RITZMART LTD Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
13,862 
22,500 
VAT
- 
932 
Taxes and social security
- 
2 
Other creditors
53,444 
47,589 
Loans from directors
- 
8,204 
Accruals
3,000 
600 
70,306 
79,827 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
42,123 
42,666 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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