RND-IT Ltd - Accounts

RND-IT Ltd
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	210,085	192,380
		210,085	192,380
Current assets
Debtors	4	94,693	49,356
Cash at bank and in hand		72,232	35,142
		166,925	84,498
Creditors: amount falling due within one year	5	(109,865)	(76,269)
Net current assets		57,060	8,229

Total assets less current liabilities		267,145	200,609
Creditors: amount falling due after more than one year	6	-	(2,382)
Provisions for liabilities	7	(52,521)	(26,649)
Net assets		214,624	171,578

Capital and reserves
Called up share capital		1	1
Profit and loss account		214,623	171,577
Shareholders' funds		214,624	171,578

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 23 July 2026 and were signed on its behalf by:

-------------------------------
Ramsey Arif Razzak
Director

RND-IT Ltd
Notes to the Financial Statements
For the year ended 31 October 2025

General Information

RND-IT Ltd is a private company, limited by shares, registered in England and Wales, registration number 12281215, registration address Kiln Farm Barn, Upper Basildon, United Kingdom, RG8 8SX.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102.1A The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Deferred taxation

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

Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.

Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

15% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 0).

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 November 2024	242,010	242,010
Additions	63,682	63,682
Disposals	(13,286)	(13,286)
At 31 October 2025	292,406	292,406
Depreciation
At 01 November 2024	49,630	49,630
Charge for year	39,096	39,096
On disposals	(6,405)	(6,405)
At 31 October 2025	82,321	82,321
Net book values
Closing balance as at 31 October 2025	210,085	210,085
Opening balance as at 01 November 2024	192,380	192,380

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	87,165	46,614
Prepayments & Accrued Income	3,100	858
Other Debtors	2,532	-
Taxation Recoverable	1,896	1,884
	94,693	49,356

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	56,750	20,142
Bank Loans & Overdrafts	2,382	3,402
Social Security and Other Taxes	5,941	4,810
Other Creditors	377	-
Directors' Current Accounts	44,415	47,915
	109,865	76,269

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	-		2,382
	-		2,382

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	52,521		26,649
	52,521		26,649

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2025 £		2024 £		2025 £		2024 £
R44R Limited	14,500		(31,145)		-		-

Registered Number: 12281215
England and Wales
RND-IT LTD

Unaudited Financial Statements

Period of accounts Start date: 01 November 2024 End date: 31 October 2025