RST DIRECT LTD

RST DIRECT LTD

RST DIRECT LTD - Company Information

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RST DIRECT LTD

Company Registration Number:
07806680 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2021

Period of accounts

Start date: 01 November 2020

End date: 31 October 2021

RST DIRECT LTD

Contents of the Financial Statements

for the Period Ended 31 October 2021

Balance sheet
Notes

RST DIRECT LTD

Balance sheet

As at 31 October 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 75,206 4,439
Total fixed assets: 75,206 4,439
Current assets
Debtors:   236,283 160,567
Cash at bank and in hand: 2,492 6,717
Total current assets: 238,775 167,284
Creditors: amounts falling due within one year:   (208,781) (121,625)
Net current assets (liabilities): 29,994 45,659
Total assets less current liabilities: 105,200 50,098
Creditors: amounts falling due after more than one year:   (82,212) (50,000)
Total net assets (liabilities): 22,988 98
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 22,986 96
Shareholders funds: 22,988 98

The notes form part of these financial statements

RST DIRECT LTD

Balance sheet statements

For the year ending 31 October 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2022
and signed on behalf of the board by:

Name: Rizwan Khan
Status: Director

The notes form part of these financial statements

RST DIRECT LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover comprises revenue is recognised by the company in respect of goods and services supplied to customers exclusive of VAT and trade discount.

Tangible fixed assets and depreciation policy

Depreciation is 20% on straight line basis.

RST DIRECT LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

2. Employees

2021 2020
Average number of employees during the period 6 5

RST DIRECT LTD

Notes to the Financial Statements

for the Period Ended 31 October 2021

3. Tangible Assets

Total
Cost £
At 01 November 2020 66,282
Additions 96,752
Disposals (34,690)
At 31 October 2021 128,344
Depreciation
At 01 November 2020 61,843
Charge for year 25,669
On disposals (34,374)
At 31 October 2021 53,138
Net book value
At 31 October 2021 75,206
At 31 October 2020 4,439