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Company Registration No. 11249753 (England and Wales)
RAPID SERVICES GROUP LTD Unaudited accounts for the year ended 31 March 2024
RAPID SERVICES GROUP LTD Unaudited accounts Contents
Page
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RAPID SERVICES GROUP LTD Company Information for the year ended 31 March 2024
Director
Ali AKBAR
Company Number
11249753 (England and Wales)
Registered Office
WINSOR & NEWTON BUILDING WHITEFRIARS AVENUE HARROW MIDDLESEX HA3 5RN
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RAPID SERVICES GROUP LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,799 
17,670 
Current assets
Debtors
302,949 
130,603 
Cash at bank and in hand
273,900 
4,094 
576,849 
134,697 
Creditors: amounts falling due within one year
(453,865)
(90,221)
Net current assets
122,984 
44,476 
Net assets
140,783 
62,146 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
140,683 
62,046 
Shareholders' funds
140,783 
62,146 
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 15 May 2024 and were signed on its behalf by
Ali AKBAR Director Company Registration No. 11249753
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RAPID SERVICES GROUP LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
RAPID SERVICES GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11249753. The registered office is WINSOR & NEWTON BUILDING, WHITEFRIARS AVENUE, HARROW, MIDDLESEX, HA3 5RN.
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:
Plant & machinery
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
29,984 
10,303 
40,287 
Additions
- 
4,579 
4,579 
At 31 March 2024
29,984 
14,882 
44,866 
Depreciation
At 1 April 2023
18,125 
4,492 
22,617 
Charge for the year
2,372 
2,078 
4,450 
At 31 March 2024
20,497 
6,570 
27,067 
Net book value
At 31 March 2024
9,487 
8,312 
17,799 
At 31 March 2023
11,859 
5,811 
17,670 
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RAPID SERVICES GROUP LTD Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
302,949 
130,603 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
211,227 
- 
Taxes and social security
186,152 
17,967 
Other creditors
45,020 
72,254 
Loans from directors
11,466 
- 
453,865 
90,221 
7
Average number of employees
During the year the average number of employees was 40 (2023: 13).
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