Company Registration No. 09673945 (England and Wales)
Rise IT Limited
Unaudited accounts
for the year ended 31 July 2024
Rise IT Limited
Unaudited accounts
Contents
Rise IT Limited
Company Information
for the year ended 31 July 2024
Directors
Mohammed Raza Mir
Syka Mir
Company Number
09673945 (England and Wales)
Registered Office
277-279 Bethnal Green Road
London
E2 6AH
Accountants
Capital Accounting Solutions
277-279 Bethnal Green Road
London
E2 6AH
Rise IT Limited
Statement of financial position
as at 31 July 2024
Tangible assets
1,625
1,015
Cash at bank and in hand
28,162
50,593
Creditors: amounts falling due within one year
(26,762)
(26,332)
Net current assets
5,109
24,261
Called up share capital
100
100
Profit and loss account
6,634
25,176
Shareholders' funds
6,734
25,276
For the year ending 31 July 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 17 April 2025 and were signed on its behalf by
Mohammed Raza Mir
Director
Company Registration No. 09673945
Rise IT Limited
Notes to the Accounts
for the year ended 31 July 2024
Rise IT Limited is a private company, limited by shares, registered in England and Wales, registration number 09673945. The registered office is 277-279 Bethnal Green Road, London, E2 6AH .
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).