R-TECH WELDING EQUIPMENT LIMITED

Company Registration Number:
06310207 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

R-TECH WELDING EQUIPMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

R-TECH WELDING EQUIPMENT LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
17 months to 31 December 2023


£
£
Fixed assets
Tangible assets: 3 14,589 31,998
Total fixed assets: 14,589 31,998
Current assets
Stocks: 643,083 474,439
Debtors:   991,119 987,776
Cash at bank and in hand: 82,956 583,770
Total current assets: 1,717,158 2,045,985
Creditors: amounts falling due within one year:   (1,527,179) (1,767,760)
Net current assets (liabilities): 189,979 278,225
Total assets less current liabilities: 204,568 310,223
Creditors: amounts falling due after more than one year:   (95,591) (57,443)
Provision for liabilities: (3,647) (8,000)
Total net assets (liabilities): 105,330 244,780
Capital and reserves
Called up share capital: 86 86
Profit and loss account: 105,244 244,694
Shareholders funds: 105,330 244,780

The notes form part of these financial statements

R-TECH WELDING EQUIPMENT LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: R J White
Status: Director

The notes form part of these financial statements

R-TECH WELDING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

Basis for preparing the Financial Statements. The accounts have been prepared on a Going Concern basis, the balance sheet total of £105,330 includes a debtor due to the Company of £743,975 from the Director. In order for the Company to continue to meet its working capital requirements the loan will be required to be paid. The Director is continuing to take steps as of the date of signing to raise the funds to repay the loan within the next 12 months of which we have reviewed information as to the this effect. We have also reviewed management information post year end of which show the Company is profitable at the date of signing.

R-TECH WELDING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 17 months to 31 December 2023
Average number of employees during the period 20 18

R-TECH WELDING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 198,537
Additions 558
At 31 December 2024 199,095
Depreciation
At 01 January 2024 166,539
Charge for year 17,967
At 31 December 2024 184,506
Net book value
At 31 December 2024 14,589
At 31 December 2023 31,998

R-TECH WELDING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Loans to directors

Name of director receiving advance or credit: R J White
Description of the loan: At the balance sheet date the director had a loan outstanding due to the company of £743,975 (2023: £743,975) interest has been charged at 2.25% on the balance as it has accrued.
£
Balance at 01 January 2024 743,975
Balance at 31 December 2024 743,975