RAE Computing Limited - Filleted accounts

Registered number

04913622

RAE Computing Limited

Filleted Accounts

31 March 2026

RAE Computing Limited
Registered number:		04913622
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		33,444			42,401

Current assets
Debtors	4	15,833			16,514
Cash at bank and in hand		84,486			22,282
		100,319			38,796

Creditors: amounts falling due within one year	5	(77,061)			(42,687)

Net current assets/(liabilities)			23,258			(3,891)

Total assets less current liabilities			56,702			38,510

Creditors: amounts falling due after more than one year	6		(25,691)			(32,925)



Net assets			31,011			5,585

Capital and reserves
Called up share capital			2			2
Profit and loss account			31,009			5,583

Shareholder's funds			31,011			5,585

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr R Eyres
Director
Approved by the board on 20 October 2026

RAE Computing Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures and fittings			25% reducing balance
	Office equipment			25% reducing balance
	Computer equipment			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					6		5


3	Tangible fixed assets
		Fixtures and fittings		Office equipment		Computer equipment		Total
£			£		£		£
	Cost
	At 1 April 2025	20,340		13,200		117,776		151,316
	Additions	-		-		3,051		3,051
	Disposals	-		-		(1,999)		(1,999)
	At 31 March 2026	20,340		13,200		118,828		152,368

	Depreciation
	At 1 April 2025	15,945		9,769		83,201		108,915
	Charge for the year	1,106		864		8,742		10,712
	On disposals	-		-		(703)		(703)
	At 31 March 2026	17,051		10,633		91,240		118,924

	Net book value
	At 31 March 2026	3,289		2,567		27,588		33,444
	At 31 March 2025	4,395		3,431		34,575		42,401


4	Debtors					2026		2025
£							£

	Trade debtors					12,964		14,930
	Other debtors					2,869		1,584
						15,833		16,514


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					6,850		6,850
	Trade creditors					9,424		6,988
	Taxation and social security costs					39,536		23,035
	Other creditors					21,251		5,814
						77,061		42,687


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					25,691		32,925


7	Other information

	RAE Computing Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Office 132 Regus
	Salts Mill Road
	Saltaire
	Shipley
	BD17 7TD