R.S. Tech Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 03567162 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2022

for

R.S. Tech Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Shanmugham

SECRETARY:

Ms J R Shanmugham

REGISTERED OFFICE:

Kingsbury

Cecil Avenue

Salisbury

Wiltshire

SP2 8EE

REGISTERED NUMBER:

03567162 (England and Wales)

ACCOUNTANTS:

Xenon Tax

WeWork 30 Churchill Place

Canary Wharf

London

E14 5RE

FIXED ASSETS

Tangible assets

4

-

727

CURRENT ASSETS

Cash at bank

88,350

111,974

CREDITORS

Amounts falling due within one year

5

(74,870

)

(74,188

)

NET CURRENT ASSETS

13,480

37,786

TOTAL ASSETS LESS CURRENT LIABILITIES

13,480

38,513

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

13,478

38,511

SHAREHOLDERS' FUNDS

13,480

38,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 19 February 2023 and were signed by:

R Shanmugham - Director

1.	STATUTORY INFORMATION

R.S. Tech Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

50% on cost

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.

Going concern

The accounts have been prepared on a going concern basis as the director and shareholder will continue to provide any funds necessary to enable the company to continue trading.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 June 2021

and 31 May 2022

3,304

DEPRECIATION

At 1 June 2021

2,577

Charge for year

727

At 31 May 2022

3,304

NET BOOK VALUE

At 31 May 2022

-

At 31 May 2021

727

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.22

31.5.21

£

£

Trade creditors

-

106

Taxation and social security

429

416

Other creditors

74,441

73,666

74,870

74,188