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Company Registration No. 07497124 (England and Wales)
RSQUARE INTERNATIONAL LIMITED Unaudited accounts for the year ended 31 December 2024
RSQUARE INTERNATIONAL LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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RSQUARE INTERNATIONAL LIMITED Company Information for the year ended 31 December 2024
Directors
Mr Rajendrakumar Patel Mrs Meenaben Patel
Company Number
07497124 (England and Wales)
Registered Office
107 BERMONDSEY STREET LONDON SE1 3XB
Accountants
BPACL Accountancy Services Limited 83 Cowley Hill Borehamwood Hertfordshire WD6 5NA
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RSQUARE INTERNATIONAL LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
6,438 
7,574 
Current assets
Inventories
72,460 
71,820 
Debtors
5
- 
2,287 
Cash at bank and in hand
584,250 
506,505 
656,710 
580,612 
Creditors: amounts falling due within one year
6
(589,190)
(512,345)
Net current assets
67,520 
68,267 
Total assets less current liabilities
73,958 
75,841 
Provisions for liabilities
Deferred tax
(1,170)
(1,894)
Net assets
72,788 
73,947 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
72,688 
73,847 
Shareholders' funds
72,788 
73,947 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Mr Rajendrakumar Patel Director Company Registration No. 07497124
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RSQUARE INTERNATIONAL LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
RSQUARE INTERNATIONAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07497124. The registered office is 107 BERMONDSEY STREET, LONDON, SE1 3XB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
33.33% cost
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
95,420 
137 
95,557 
At 31 December 2024
95,420 
137 
95,557 
Depreciation
At 1 January 2024
87,846 
137 
87,983 
Charge for the year
1,136 
- 
1,136 
At 31 December 2024
88,982 
137 
89,119 
Net book value
At 31 December 2024
6,438 
- 
6,438 
At 31 December 2023
7,574 
- 
7,574 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
2,287 
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RSQUARE INTERNATIONAL LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,284 
3,610 
Taxes and social security
9,234 
9,731 
Loans from directors
576,672 
497,204 
Accruals
- 
1,800 
589,190 
512,345 
7
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
34,000 
34,000 
Later than one year and not later than five years
136,000 
136,000 
Later than five years
42,500 
76,500 
212,500 
246,500 
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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