Company Registration No. 05247388 (England and Wales)
Right Track Guitar Limited
Unaudited accounts
for the period from 1 April 2023 to 31 March 2025
Right Track Guitar Limited
Unaudited accounts
Contents
Right Track Guitar Limited
Company Information
for the period from 1 April 2023 to 31 March 2025
Company Number
05247388 (England and Wales)
Registered Office
7 Pantglas Fawr
Aberfan
Merthyr Tydfil
CF48 4TH
Accountants
R H Jeffs & Rowe Ltd
27-28 Gelliwastad Road
Pontypridd
CF37 2BW
Right Track Guitar Limited
Statement of financial position
as at 31 March 2025
Tangible assets
2,009
1,645
Cash at bank and in hand
11,872
14,835
Creditors: amounts falling due within one year
(19,856)
(26,570)
Net current liabilities
(7,984)
(11,735)
Net assets/(liabilities)
4,025
(90)
Called up share capital
1
1
Profit and loss account
4,024
(91)
Shareholders' funds
4,025
(90)
For the period ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 12 November 2025 and were signed on its behalf by
Mr A R Phillips
Director
Company Registration No. 05247388
Right Track Guitar Limited
Notes to the Accounts
for the period from 1 April 2023 to 31 March 2025
Right Track Guitar Limited is a private company, limited by shares, registered in England and Wales, registration number 05247388. The registered office is 7 Pantglas Fawr, Aberfan, Merthyr Tydfil, CF48 4TH.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
4
Tangible fixed assets
Fixtures & fittings
5
Investments
Other investments
Valuation at 1 April 2023
10,000
Valuation at 31 March 2025
10,000
Right Track Guitar Limited
Notes to the Accounts
for the period from 1 April 2023 to 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
18,735
25,833
7
Average number of employees
During the period the average number of employees was 0 (2024: 0).