REGISTERED NUMBER: 05414647 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Rhdatastorage Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T J R Harding

SECRETARY:

Ms H Harding

REGISTERED OFFICE:

New House Farm

Sheering Lower Road

Sawbridgeworth

Hertfordshire

CM21 9LE

REGISTERED NUMBER:

05414647 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Tangible assets

4

23,942

16,879

CURRENT ASSETS

Stocks

3,978

8,299

Debtors

5

179,375

178,727

Cash at bank

3,639

34,741

186,992

221,767

CREDITORS

Amounts falling due within one year

6

143,096

146,396

NET CURRENT ASSETS

43,896

75,371

TOTAL ASSETS LESS CURRENT LIABILITIES

67,838

92,250

CREDITORS

Amounts falling due after more than one year

7

10,767

44,942

NET ASSETS

57,071

47,308

CAPITAL AND RESERVES

Called up share capital

8

4

4

Retained earnings

57,067

47,304

SHAREHOLDERS' FUNDS

57,071

47,308

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 December 2025 and were signed by:

T J R Harding - Director

1.	STATUTORY INFORMATION

Rhdatastorage Limited 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2023

42,991

818

34,500

8,713

87,022

Additions

-

-

29,995

720

30,715

Disposals

-

-

(34,500

)

-

(34,500

)

At 30 September 2024

42,991

818

29,995

9,433

83,237

DEPRECIATION

At 1 October 2023

42,123

205

19,946

7,869

70,143

Charge for year

568

153

7,499

878

9,098

Eliminated on disposal

-

-

(19,946

)

-

(19,946

)

At 30 September 2024

42,691

358

7,499

8,747

59,295

NET BOOK VALUE

At 30 September 2024

300

460

22,496

686

23,942

At 30 September 2023

868

613

14,554

844

16,879

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 October 2023

9,636

34,500

44,136

Additions

-

29,995

29,995

Disposals

-

(34,500

)

(34,500

)

Transfer to ownership

(9,636

)

-

(9,636

)

At 30 September 2024

-

29,995

29,995

DEPRECIATION

At 1 October 2023

9,636

19,946

29,582

Charge for year

-

7,499

7,499

Eliminated on disposal

-

(19,946

)

(19,946

)

Transfer to ownership

(9,636

)

-

(9,636

)

At 30 September 2024

-

7,499

7,499

NET BOOK VALUE

At 30 September 2024

-

22,496

22,496

At 30 September 2023

-

14,554

14,554

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

57,028

72,331

Other debtors

44,200

106,396

Directors' current accounts

78,147

-

179,375

178,727

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

28,208

19,172

Hire purchase contracts

4,332

7,574

Trade creditors

7,953

10,327

Tax

20,194

4,258

VAT

3,111

14,594

Other creditors

76,798

87,289

Directors' current accounts

-

382

Accruals and deferred income

2,500

2,800

143,096

146,396

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

2,465

22,691

Bank loans - 2-5 years

-

21,249

Hire purchase contracts

8,302

1,002

10,767

44,942

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

4

Ordinary

1

4

4

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024

2023

£

£

T J R Harding

Balance outstanding at start of year

-

-

Amounts advanced

78,147

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

78,147

-

Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25% per annum.

10.	RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided from companies with common directors and under common control amounted to £76,798 (2023: £87,082).