ACCOUNTS - Final Accounts

RAH ADVISORY LIMITED - Company Information

Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2021-04-01The principal activity of the company was that of management consultancy and software development.11true 07985534 2021-04-01 2022-03-31 07985534 2020-04-01 2021-03-31 07985534 2022-03-31 07985534 2021-03-31 07985534 c:Director1 2021-04-01 2022-03-31 07985534 d:OfficeEquipment 2021-04-01 2022-03-31 07985534 d:OfficeEquipment 2022-03-31 07985534 d:OfficeEquipment 2021-03-31 07985534 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 07985534 d:ComputerEquipment 2021-04-01 2022-03-31 07985534 d:ComputerEquipment 2022-03-31 07985534 d:ComputerEquipment 2021-03-31 07985534 d:ComputerEquipment d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 07985534 d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 07985534 d:CurrentFinancialInstruments 2022-03-31 07985534 d:CurrentFinancialInstruments 2021-03-31 07985534 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 07985534 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 07985534 d:ShareCapital 2022-03-31 07985534 d:ShareCapital 2021-03-31 07985534 d:RetainedEarningsAccumulatedLosses 2022-03-31 07985534 d:RetainedEarningsAccumulatedLosses 2021-03-31 07985534 c:OrdinaryShareClass1 2021-04-01 2022-03-31 07985534 c:OrdinaryShareClass1 2022-03-31 07985534 c:FRS102 2021-04-01 2022-03-31 07985534 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 07985534 c:FullAccounts 2021-04-01 2022-03-31 07985534 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 07985534 2 2021-04-01 2022-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07985534

RAH ADVISORY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022


RAH ADVISORY LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


RAH ADVISORY LIMITED REGISTERED NUMBER:07985534

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2022

		2022		2021
Note		£		£

Fixed assets
Tangible assets	4		1,483		1,381
Current assets
Debtors: amounts falling due within one year	5	12,000		18,000
Cash at bank and in hand		9,453		15,284
		21,453		33,284
Creditors: amounts falling due within one year	6	(174,279)		(217,866)
Net current liabilities			(152,826)		(184,582)

Net liabilities			(151,343)		(183,201)

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		(151,344)	(183,202)
		(151,343)	(183,201)

Page 1


RAH ADVISORY LIMITED REGISTERED NUMBER:07985534

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2022

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

R A Hyman

Director

Date: 29 December 2022

The notes on pages 3 to 5 form part of these financial statements.

Page 2


RAH ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

1.	General information

RAH Advisory Limited is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood. Herfordshire, WD6 1JD.
The principal activity of the company was that of management consultancy and software development.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The director has provided an interest free loan to the company for an indefinite period and will provide additional loans if required to enable it to continue trading for the foreseeable future. As a result the financial statements have been prepared on the going concern basis.

2.3

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the period, exclusive of Value Added Tax and trade discounts.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

				Office equipment	-	25% reducing balance
				Website development	-	4 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

Page 3


RAH ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

2.7

Creditors

Short term creditors are measured at the transaction price.

2.8

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).

4.	Tangible fixed assets

	Office equipment	Website Development	Total
	£	£	£
Cost or valuation
At 1 April 2021	7,865	21,995	29,860
Additions	648	-	648
Disposals	(492)	-	(492)
At 31 March 2022	8,021	21,995	30,016
Depreciation
At 1 April 2021	6,485	21,995	28,480
Charge for the year on owned assets	495	-	495
Disposals	(442)	-	(442)
At 31 March 2022	6,538	21,995	28,533
Net book value
At 31 March 2022	1,483	-	1,483
At 31 March 2021	1,381	-	1,381

Page 4


RAH ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

Debtors

					2022	2021
					£	£


Trade debtors	12,000	18,000

6.	Creditors: Amounts falling due within one year
		2022	2021
		£	£

Trade creditors	3,762	-
Taxation and social security	2,317	2,118
Other creditors	164,535	212,383
Accruals and deferred income	3,665	3,365
	174,279	217,866

7.	Share capital
		2022	2021
		£	£

Allotted, called up and fully paid

1 Ordinary share of £1	1	1

Page 5