Rawstream Limited Filleted accounts for Companies House (small and micro)

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COMPANY REGISTRATION NUMBER: 08215844

Rawstream Limited

Filleted Unaudited Financial Statements

30 September 2022

Rawstream Limited

Financial Statements

Year ended 30 September 2022

Contents	Page

Officers and professional advisers	1

Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

Rawstream Limited

Officers and Professional Advisers

Director	B Azzopardi

Company secretary	OHS Secretaries Limited

Registered office	9th Floor
	107 Cheapside
	London
	EC2V 6DN

Accountants	Complete Accounting Solutions
	Chartered Certified Accountants
	727-729 High Road
	London
	N12 0BP

Rawstream Limited

Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Rawstream Limited

Year ended 30 September 2022

As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 30 September 2022, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Complete Accounting Solutions Chartered Certified Accountants

727-729 High Road London N12 0BP

Rawstream Limited

Statement of Financial Position

30 September 2022

	2022	2021
Note	£	£

Fixed assets

Tangible assets	4	–	651
Investments	5	1,781	–
		-------	----
		1,781	651

Current assets

Debtors	6	103	103
Cash at bank and in hand		63,465	56,494
		--------	--------
		63,568	56,597

Creditors: amounts falling due within one year	7	2,038	1,389
		--------	--------
Net current assets		61,530	55,208
		--------	--------
Total assets less current liabilities		63,311	55,859
		--------	--------
Net assets		63,311	55,859
		--------	--------

Capital and reserves

Called up share capital	143	143
Share premium account	164,667	164,667
Profit and loss account	( 101,499)	( 108,951)
	---------	---------
Shareholders funds	63,311	55,859
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Rawstream Limited

Statement of Financial Position (continued)

30 September 2022

These financial statements were approved by the board of directors and authorised for issue on 23 June 2023 , and are signed on behalf of the board by:

B Azzopardi
Director

Company registration number: 08215844

Rawstream Limited

Notes to the Financial Statements

Year ended 30 September 2022

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9th Floor, 107 Cheapside, London, EC2V 6DN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

No significant judgements have had to be made by the directors in preparing these financial statements .

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office Equipment	-	33% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

4. Tangible assets

	Equipment
	£
Cost
At 1 October 2021 and 30 September 2022	12,583
	--------
Depreciation
At 1 October 2021	11,932
Charge for the year	651
	--------
At 30 September 2022	12,583
	--------
Carrying amount
At 30 September 2022	–
	--------
At 30 September 2021	651
	--------

5. Investments

	Shares in group undertakings
	£
Cost
At 1 October 2021	–
Additions	1,781
	-------
At 30 September 2022	1,781
	-------
Impairment
At 1 October 2021 and 30 September 2022	–
	-------

Carrying amount
At 30 September 2022	1,781
	-------
At 30 September 2021	–
	-------

The above amount represents 100% ownership of Rawstream Services Limited, an entity incorporated in Malta.

6. Debtors

	2022	2021
	£	£
Other debtors	103	103
	----	----

7. Creditors: amounts falling due within one year

	2022	2021
	£	£
Social security and other taxes	238	389
Other creditors	1,800	1,000
	-------	-------
	2,038	1,389
	-------	-------