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REGISTERED NUMBER: 10359886 (England and Wales)


Financial Statements for the Year Ended 30 September 2024

for

Rapid Global Resources Ltd

Rapid Global Resources Ltd (Registered number: 10359886)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Rapid Global Resources Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Mr Umer Anwaar Tarar





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 10359886 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Rapid Global Resources Ltd (Registered number: 10359886)

Statement of Financial Position
30 September 2024

30.9.24 30.9.23
Notes £    £   
CURRENT ASSETS
Debtors 4 309,040 309,040
Cash at bank and in hand 2,585 2,585
311,625 311,625
CREDITORS
Amounts falling due within one year 5 270,994 270,994
NET CURRENT ASSETS 40,631 40,631
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,631

40,631

CREDITORS
Amounts falling due after more than one
year

6

44,971

44,971
NET LIABILITIES (4,340 ) (4,340 )

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings (4,540 ) (4,540 )
SHAREHOLDERS' FUNDS (4,340 ) (4,340 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

Rapid Global Resources Ltd (Registered number: 10359886)

Statement of Financial Position - continued
30 September 2024


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 1 July 2025 and were signed by:





Mr Umer Anwaar Tarar - Director


Rapid Global Resources Ltd (Registered number: 10359886)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Rapid Global Resources Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 309,040 309,040

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 105,015 105,015
Taxation and social security 14,050 14,050
Other creditors 151,929 151,929
270,994 270,994

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 44,971 44,971

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
200 Ordinary £1 200 200