RES IT SOLUTIONS LIMITED

Company Registration Number:
14999686 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 12 July 2023

End date: 31 July 2024

RES IT SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

RES IT SOLUTIONS LIMITED

Profit And Loss Account

for the Period Ended 31 July 2024

13 months to 31 July 2024


£
Turnover: 66,900
Cost of sales: ( 20,896 )
Gross profit(or loss): 46,004
Distribution costs: ( 3,293 )
Administrative expenses: ( 36,794 )
Operating profit(or loss): 5,917
Profit(or loss) before tax: 5,917
Profit(or loss) for the financial year: 5,917

RES IT SOLUTIONS LIMITED

Balance sheet

As at 31 July 2024

Notes 13 months to 31 July 2024


£
Fixed assets
Tangible assets: 3 2,939
Total fixed assets: 2,939
Current assets
Cash at bank and in hand: 3,000
Total current assets: 3,000
Net current assets (liabilities): 3,000
Total assets less current liabilities: 5,939
Total net assets (liabilities): 5,939
Capital and reserves
Called up share capital: 100
Profit and loss account: 5,839
Total Shareholders' funds: 5,939

The notes form part of these financial statements

RES IT SOLUTIONS LIMITED

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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.

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

This report was approved by the board of directors on 9 April 2025
and signed on behalf of the board by:

Name: Chris Stephens
Status: Director

The notes form part of these financial statements

RES IT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover represents the total value of goods sold and services provided by the company during the period, excluding VAT. Turnover is recognised when the service is performed, or goods are delivered, and the risks and rewards of ownership have transferred to the customer.

    Tangible fixed assets depreciation policy

    Tangible Fixed Assets are stated at cost less accumulated depreciation. Depreciation is charged to write off the cost of fixed assets over their estimated useful lives on a straight-line basis as follows: Computer equipment: 3 years Office equipment: 5 years

RES IT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    13 months to 31 July 2024
    Average number of employees during the period 2

RES IT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 2,939 2,939
Disposals
Revaluations
Transfers
At 31 July 2024 2,939 2,939
Depreciation
Charge for year
On disposals
Other adjustments
At 31 July 2024
Net book value
At 31 July 2024 2,939 2,939