Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30falsetrue2024-03-02false0No description of principal activity2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15536763 2024-03-01 15536763 2024-03-02 2024-09-30 15536763 2023-03-02 2024-03-01 15536763 2024-09-30 15536763 c:Director1 2024-03-02 2024-09-30 15536763 c:Director2 2024-03-02 2024-09-30 15536763 c:RegisteredOffice 2024-03-02 2024-09-30 15536763 d:CurrentFinancialInstruments 2024-09-30 15536763 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 15536763 d:ShareCapital 2024-09-30 15536763 d:RetainedEarningsAccumulatedLosses 2024-09-30 15536763 c:FRS102 2024-03-02 2024-09-30 15536763 c:AuditExempt-NoAccountantsReport 2024-03-02 2024-09-30 15536763 c:FullAccounts 2024-03-02 2024-09-30 15536763 c:PrivateLimitedCompanyLtd 2024-03-02 2024-09-30 15536763 e:PoundSterling 2024-03-02 2024-09-30 iso4217:GBP xbrli:pure
Company registration number: 15536763







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
30 SEPTEMBER 2024


RH TEK LIMITED






































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RH TEK LIMITED
 


 
COMPANY INFORMATION


Directors
B Hodgins 
B Hogan 




Registered number
15536763



Registered office
Archway House
Bellfield Road

High Wycombe

Buckinghamshire

HP13 5HJ




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


RH TEK LIMITED
REGISTERED NUMBER:15536763



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
Note
£

  

Current assets
  

Stocks
  
243,442

Debtors amounts falling due within one year
 4 
216,693

Cash at bank and in hand
  
46,745

  
506,880

Creditors: amounts falling due within one year
 5 
(503,192)

Net current assets
  
 
 
3,688

Total assets less current liabilities
  
3,688

  

Net assets
  
3,688


Capital and reserves
  

Called up share capital 
  
200

Profit and loss account
  
3,488

  
3,688


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




B Hodgins
Director

Date: 12 February 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 


RH TEK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


General information

RH Tek Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office and trading address are provided in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The company was incorporated on 2 March 2024 and as such these are the first financial statements produced by the entity, representing a period shorter than one year.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Turnover

Turnover is excluding VAT and comprises revenue recognised from the sale of packaging machines, parts and materials excluding VAT.

Page 2

 


RH TEK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.

Page 3

 


RH TEK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

4.


Debtors

2024
£


Trade debtors
204,911

Other debtors
9,527

Prepayments and accrued income
2,255

216,693



5.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
239,874

Amounts owed to associates
200,000

Corporation tax
818

Accruals and deferred income
62,500

503,192


 
Page 4