Company Registration No. 11978349 (England and Wales)
RR CONSULTANCY LTD
Unaudited accounts
for the year ended 31 May 2024
RR CONSULTANCY LTD
Unaudited accounts
Contents
RR CONSULTANCY LTD
Company Information
for the year ended 31 May 2024
Company Number
11978349 (England and Wales)
Registered Office
2 THE STABLES
HERON WAY
BOSTON
PE21 7SH
ENGLAND
Accountants
Reliance Tax Advisers
20B Market Place
Grantham
Lincolnshire
NG31 6LP
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
RR CONSULTANCY LTD
for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
RR CONSULTANCY LTD for the year ended
31 May 2024 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Reliance Tax Advisers
Chartered Certified Accountants
20B Market Place
Grantham
Lincolnshire
NG31 6LP
4 February 2024
RR CONSULTANCY LTD
Statement of financial position
as at 31 May 2024
Tangible assets
12,975
10,345
Investment property
-
124,999
Cash at bank and in hand
954,942
681,098
Creditors: amounts falling due within one year
(119,367)
(102,088)
Net current assets
960,786
579,010
Net assets
1,004,050
744,643
Called up share capital
20
20
Profit and loss account
1,004,030
744,623
Shareholders' funds
1,004,050
744,643
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 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 9 February 2024 and were signed on its behalf by
Dr Rohit Rambani
Director
Company Registration No. 11978349
RR CONSULTANCY LTD
Notes to the Accounts
for the year ended 31 May 2024
RR CONSULTANCY LTD is a private company, limited by shares, registered in England and Wales, registration number 11978349. The registered office is 2 THE STABLES, HERON WAY, BOSTON, PE21 7SH, 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:
Investments in shares are included at fair value.
RR CONSULTANCY LTD
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Computer equipment
Fair value at 1 June 2023
124,999
6
Investments
Other investments
Valuation at 1 June 2023
30,289
Valuation at 31 May 2024
30,289
The investments are shown at their original costs adjusted for changes in their valuation as at accounting date.
Amounts falling due after more than one year
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
85,927
60,958
Loans from directors
31,440
40,167
RR CONSULTANCY LTD
Notes to the Accounts
for the year ended 31 May 2024
9
Transactions with related parties
The company advanced a loan of £125,212 to its associated company , RR Investments Limited, owned by Dr R Rambani (Director of RR Consultancy Limited) to buy an investment property in the year ended 31 May 2023.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).