REGISTERED NUMBER: 15278211 (England and Wales)

RIGHTPANE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 DECEMBER 2024 TO 31 MARCH 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

11,585

8,740

CURRENT ASSETS

Debtors

5

-

2,530

Cash at bank

10,408

16,479

10,408

19,009

CREDITORS

Amounts falling due within one year

6

9,936

10,578

NET CURRENT ASSETS

472

8,431

TOTAL ASSETS LESS CURRENT LIABILITIES

12,057

17,171

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

12,056

17,170

12,057

17,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 May 2025 and were signed by:

L R G Peebles - Director

1.	STATUTORY INFORMATION

Rightpane Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15278211

Registered office:

41 Glebe Road

Loughor

Swansea

Abertawe

SA4 6QS

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements were prepared under the historical cost convention

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on cost

Motor vehicles

-

20% on cost

Office equipment

-

10% on cost

Taxation

Taxation for the period comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 December 2024

1,400

8,900

400

10,700

Additions

-

3,744

-

3,744

At 31 March 2025

1,400

12,644

400

14,444

DEPRECIATION

At 1 December 2024

140

1,780

40

1,960

Charge for period

46

840

13

899

At 31 March 2025

186

2,620

53

2,859

NET BOOK VALUE

At 31 March 2025

1,214

10,024

347

11,585

At 30 November 2024

1,260

7,120

360

8,740

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

2,530

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

1,175

1,175

Directors' current accounts

6,901

8,393

Accrued expenses

1,860

1,010

9,936

10,578