Rgh-global Ltd
Exception report
for the period ended 31 January 2024
The following differences exist between the previous year's closing balances per the accounts and the
current year's opening balances per the Trial Balance:
Reserves
Opening balance at
26 February 2023
per TB
Balance at 25
February 2023 per
accounts
Difference
£ £ £
Profit and loss account (Account 968) (304,020) (304,019) (1)
(304,020) (304,019) (1)
This page does not form part of the statutory financial statements.
Company registration number: 12577608
Unaudited financial statements
for the period ended 31 January 2024
for
Rgh-global Ltd
Pages for filing with the Registrar
Company registration number: 12577608
Rgh-global Ltd
Balance sheet
as at 31 January 2024
31 Jan 24 25 Feb 23
Note £ £ £ £
Fixed assets
Intangible assets 4 - 224,225
- 224,225
Current assets
Debtors 1,818,571 1,598,762
Cash at bank and in hand 312 2,544
1,818,883 1,601,306
Creditors: amounts falling due within
one year
(1,162,117) (1,078,701)
Net current assets 656,766 522,605
Total assets less current liabilities 656,766 746,830
Creditors: Amounts falling due after
more than one year
5 (1,186,636) (1,050,749)
NET LIABILITIES (529,870) (303,919)
Capital and reserves
Called up share capital 100 100
Profit and loss account (529,970) (304,019)
TOTAL EQUITY (529,870) (303,919)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 January 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 12577608
Rgh-global Ltd
Balance sheet - continued
as at 31 January 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 24 January 2025 and signed on its behalf by:
Mr J Madgwick, Director
24 January 2025
2
Rgh-global Ltd
Notes to the financial statements
for the period ended 31 January 2024
1 Company information
Rgh-global Ltd is a private company registered in England and Wales. Its registered number is 12577608. The company is limited by shares. Its registered office is Servcorp, The Leadenhall Building, London, London, EC3V 4AB.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Development costs -
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the period the average number of employees was 2 (2023 - 2).
3
Rgh-global Ltd
Notes to the financial statements - continued
for the period ended 31 January 2024
4 Intangible assets
Other
intangible
assets
£
Cost
At 26 February 2023 415,106
At 31 January 2024 415,106
Amortisation
At 26 February 2023 190,881
Charge for period 224,225
At 31 January 2024 415,106
Net book value
At 31 January 2024 -
At 25 February 2023 224,225
5 Creditors: amounts falling due after more than five years
31 Jan 24 25 Feb 23
£ £
Repayable otherwise than by instalments
Other creditors 1,186,636 1,050,749
1,186,636 1,050,749
4