Company registration number 14242541 (England and Wales)
RATS Group Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 30 September 2024
PAGES FOR FILING WITH REGISTRAR
RATS Group Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
RATS Group Ltd
Statement Of Financial Position
as at 30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
110
110
Current assets
Cash at bank and in hand
443,392
6,635
Net current assets
443,392
6,635
Net assets
443,502
6,745
Capital and reserves
Called up share capital
210
210
Profit and loss reserves
443,292
6,535
Total equity
443,502
6,745

For the financial year ended 30 September 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 3 February 2025 and are signed on its behalf by:
S Kirk
Director
Company registration number 14242541 (England and Wales)
RATS Group Ltd
Notes to the financial statements
for the year ended 30 September 2024
- 2 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
1
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
110
110
4
Company information

RATS Group Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 9 St Hilda Industrial Estate, Station Road, South Shields, NE33 1RA.

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