Company Registration No. 06557360 (England and Wales)
RTech (UK) Limited
Unaudited accounts
for the year ended 30 September 2024
RTech (UK) Limited
Unaudited accounts
Contents
RTech (UK) Limited
Company Information
for the year ended 30 September 2024
Directors
Rodney Turner
Carolyn Turner
Company Number
06557360 (England and Wales)
Registered Office
Zest House Common Road
Wiggenhall St. Mary The Virgin
King's Lynn
Norfolk
PE34 3EN
United Kingdom
Accountants
M C Mallett Accountants Ltd
4 Hiltons Lane
Wiggenhall St Germans
King's Lynn
Norfolk
PE34 3EZ
RTech (UK) Limited
Statement of financial position
as at 30 September 2024
Tangible assets
113,360
78,275
Inventories
129,046
20,135
Cash at bank and in hand
49,999
47,835
Creditors: amounts falling due within one year
(204,965)
(50,841)
Net current assets
34,892
62,133
Total assets less current liabilities
148,252
140,408
Creditors: amounts falling due after more than one year
(8,219)
(18,273)
Net assets
140,033
122,135
Called up share capital
1,000
1,000
Profit and loss account
139,033
121,135
Shareholders' funds
140,033
122,135
For the year ending 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 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 19 February 2025 and were signed on its behalf by
Rodney Turner
Director
Company Registration No. 06557360
RTech (UK) Limited
Notes to the Accounts
for the year ended 30 September 2024
RTech (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 06557360. The registered office is Zest House Common Road, Wiggenhall St. Mary The Virgin, King's Lynn, Norfolk, PE34 3EN, United Kingdom.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
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
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
3 years straight line
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
RTech (UK) Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Total
At 30 September 2024
174,191
Charge for the year
22,302
At 30 September 2024
60,831
At 30 September 2024
113,360
At 30 September 2023
78,275
5
Average number of employees
During the year the average number of employees was 7 (2023: 6).