Company registration number 06521427 (England and Wales)
RRC Systems Accounting Limited
Unaudited Financial Statements
For the year ended 31 March 2025
PAGES FOR FILING WITH REGISTRAR
RRC Systems Accounting Limited
Content
Page
Balance sheet
1
Notes to the financial statements
2 - 4
RRC Systems Accounting Limited
Balance Sheet
As at 31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
235,654
217,710
Cash at bank and in hand
34,196
35,288
269,850
252,998
Creditors: amounts falling due within one year
4
(22,788)
(26,599)
Net current assets
247,062
226,399
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
247,061
226,398
Total equity
247,062
226,399

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 20 June 2025
Mr Richard Crafts
Director
Company registration number 06521427 (England and Wales)
RRC Systems Accounting Limited
Notes to the Financial Statements
For the year ended 31 March 2025
- 2 -
1
Accounting policies
Company information

RRC Systems Accounting Limited is a private company limited by shares incorporated in England and Wales. The registered office is Pendragon House, 65 London Road, St Albans, Herts, AL1 1LJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Financial instruments

The company has elected to apply the provisions of Section 11 and Section 12 of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present fair value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, which include trade and other payables and bank loans, are initially measured at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present fair value of the future receipts discounted at a market rate of interest.

1.4
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.5
Taxation

The tax expense represents the sum of the tax currently payable.

RRC Systems Accounting Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.6
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
2,640
27,060
Corporation tax recoverable
47,717
28,934
Other debtors
185,297
161,716
235,654
217,710
4
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
17,158
17,045
Other taxation and social security
3,430
7,354
Other creditors
2,200
2,200
22,788
26,599
5
Related party transactions
Transactions with related parties

RRC Systems Accounting Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
5
Related party transactions
(Continued)
- 4 -

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due from related parties
£
£
Comics FC Limited
4,000
4,000
Nub Music Limited
4,000
-
6
Directors' transactions
Description
% Rate
Opening balance
Amounts advanced
Interest charged
Closing balance
£
£
£
£
Loan
2.25
157,716
15,854
3,727
177,297
157,716
15,854
3,727
177,297
2025-03-31 2024-04-01 false false false 20 June 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr Richard Crafts Mr Richard Crafts 06521427 2024-04-01 2025-03-31 06521427 2025-03-31 06521427 2024-03-31 06521427 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 06521427 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 06521427 core:CurrentFinancialInstruments 2025-03-31 06521427 core:CurrentFinancialInstruments 2024-03-31 06521427 core:ShareCapital 2025-03-31 06521427 core:ShareCapital 2024-03-31 06521427 core:RetainedEarningsAccumulatedLosses 2025-03-31 06521427 core:RetainedEarningsAccumulatedLosses 2024-03-31 06521427 bus:CompanySecretaryDirector1 2024-04-01 2025-03-31 06521427 2023-04-01 2024-03-31 06521427 core:WithinOneYear 2025-03-31 06521427 core:WithinOneYear 2024-03-31 06521427 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06521427 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06521427 bus:FRS102 2024-04-01 2025-03-31 06521427 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06521427 bus:Director1 2024-04-01 2025-03-31 06521427 bus:CompanySecretary1 2024-04-01 2025-03-31 06521427 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP