Company Registration No. 14048442 (England and Wales)
RNS LONDON LTD
Unaudited accounts
for the year ended 30 April 2024
RNS LONDON LTD
Unaudited accounts
Contents
RNS LONDON LTD
Company Information
for the year ended 30 April 2024
Directors
Jayesh Kumar Himmatlal
Meeta Jayeshkumar
Company Number
14048442 (England and Wales)
Registered Office
FLAT 3 ECHO COURT
1 SHERWOOD ROAD
HARROW
HA2 8FL
ENGLAND
RNS LONDON LTD
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
14,802
100
Creditors: amounts falling due within one year
(305,677)
-
Net current (liabilities)/assets
(251,355)
100
Total assets less current liabilities
327,215
100
Creditors: amounts falling due after more than one year
(314,983)
-
Called up share capital
100
100
Profit and loss account
12,132
-
Shareholders' funds
12,232
100
For the year ending 30 April 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.
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 18 June 2024 and were signed on its behalf by
Jayesh Kumar Himmatlal
Director
Company Registration No. 14048442
RNS LONDON LTD
Notes to the Accounts
for the year ended 30 April 2024
RNS LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 14048442. The registered office and principal place of business is FLAT 3 ECHO COURT, 1 SHERWOOD ROAD, HARROW, HA2 8FL, 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.
These financial statements for the year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 14 April 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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
10% on SLM
Fixtures & fittings
10% on SLM
RNS LONDON LTD
Notes to the Accounts
for the year ended 30 April 2024
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill amortised over 10 years of useful economic life.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
Additions
562,775
11,050
1,500
575,325
At 30 April 2024
562,775
11,050
1,500
575,325
Charge for the year
-
1,105
150
1,255
At 30 April 2024
-
1,105
150
1,255
At 30 April 2024
562,775
9,945
1,350
574,070
Amounts falling due within one year
RNS LONDON LTD
Notes to the Accounts
for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
314
-
Loans from directors
290,696
-
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).