Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-312025-05-09false2023-10-10Consultancy20falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15201774 2023-10-09 15201774 2023-10-10 2024-10-31 15201774 2022-10-10 2023-10-09 15201774 2024-10-31 15201774 c:Director1 2023-10-10 2024-10-31 15201774 d:MotorVehicles 2023-10-10 2024-10-31 15201774 d:MotorVehicles 2024-10-31 15201774 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-10 2024-10-31 15201774 d:FurnitureFittings 2023-10-10 2024-10-31 15201774 d:FurnitureFittings 2024-10-31 15201774 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-10 2024-10-31 15201774 d:OwnedOrFreeholdAssets 2023-10-10 2024-10-31 15201774 d:CurrentFinancialInstruments 2024-10-31 15201774 d:Non-currentFinancialInstruments 2024-10-31 15201774 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 15201774 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 15201774 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-10-31 15201774 d:ShareCapital 2024-10-31 15201774 d:RetainedEarningsAccumulatedLosses 2024-10-31 15201774 c:OrdinaryShareClass1 2023-10-10 2024-10-31 15201774 c:OrdinaryShareClass1 2024-10-31 15201774 c:OrdinaryShareClass2 2023-10-10 2024-10-31 15201774 c:OrdinaryShareClass2 2024-10-31 15201774 c:OrdinaryShareClass3 2023-10-10 2024-10-31 15201774 c:OrdinaryShareClass3 2024-10-31 15201774 c:OrdinaryShareClass4 2023-10-10 2024-10-31 15201774 c:OrdinaryShareClass4 2024-10-31 15201774 c:FRS102 2023-10-10 2024-10-31 15201774 c:AuditExempt-NoAccountantsReport 2023-10-10 2024-10-31 15201774 c:FullAccounts 2023-10-10 2024-10-31 15201774 c:PrivateLimitedCompanyLtd 2023-10-10 2024-10-31 15201774 e:PoundSterling 2023-10-10 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 15201774









RTUK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2024

 
RTUK LIMITED
REGISTERED NUMBER: 15201774

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
33,615

  
33,615

Current assets
  

Cash at bank and in hand
 5 
53,061

  
53,061

Creditors: amounts falling due within one year
 6 
(63,209)

Net current (liabilities)/assets
  
 
 
(10,148)

Total assets less current liabilities
  
23,467

Creditors: amounts falling due after more than one year
  
(16,432)

  

Net assets
  
7,035


Capital and reserves
  

Called up share capital 
 9 
100

Profit and loss account
  
6,935

  
7,035


Page 1

 
RTUK LIMITED
REGISTERED NUMBER: 15201774
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

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 on 9 May 2025.




................................................
Richard Wardlaw
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
RTUK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

1.


General information

RTUK Limited is a private company, incorporated in England and Wales, limited by its share capital.  The Company was incorporated on 10 October 2023 and began trading on that date.  The principal activity of the company throughout the period is that of the provision of consultancy services.

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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 3

 
RTUK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
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 balance sheet date in the countries where the Company operates and generates income.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
reducing balance
Fixtures and fittings
-
20%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
RTUK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

3.


Employees




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


4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


Additions
40,600
1,418
42,018



At 31 October 2024

40,600
1,418
42,018



Depreciation


Charge for the period on owned assets
8,120
283
8,403



At 31 October 2024

8,120
283
8,403



Net book value



At 31 October 2024
32,480
1,135
33,615


5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
53,061

53,061


Page 5

 
RTUK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

6.


Creditors: Amounts falling due within one year

2024
£

Bank loans
5,628

Corporation tax
20,628

Other taxation and social security
8,720

Other creditors
28,233

63,209



7.


Creditors: Amounts falling due after more than one year

2024
£

Bank loans
16,432

16,432



8.


Loans


Analysis of the maturity of loans is given below:


2024
£

Amounts falling due within one year

Bank loans
5,628

Amounts falling due 1-2 years

Bank loans
16,432



22,060


Page 6

 
RTUK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

9.


Share capital

2024
£
Allotted, called up and fully paid


60 Ordinary shares of £1.00 each
60
30 Ordinary A shares of £1.00 each
30
5 Ordinary B shares of £1.00 each
5
5 Ordinary C shares of £1.00 each
5

100


During the year 60 ordinary, 30 ordinary A, 5 ordinary B and 5 ordinary C shares were issued at par.


10.


Controlling party

The Company is controlled by the director Richard Wardlaw, by virtue of his shareholding, as described in the Directors' report.

 
Page 7