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 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

RST DIRECT LTD

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

RST DIRECT LTD

Balance sheet

As at 31 October 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 67,860 75,206
Total fixed assets: 67,860 75,206
Current assets
Debtors:   268,221 236,283
Cash at bank and in hand: 79,832 2,492
Total current assets: 348,053 238,775
Creditors: amounts falling due within one year:   (280,262) (208,781)
Net current assets (liabilities): 67,791 29,994
Total assets less current liabilities: 135,651 105,200
Creditors: amounts falling due after more than one year:   (42,622) (82,212)
Total net assets (liabilities): 93,029 22,988
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 93,027 22,986
Shareholders funds: 93,029 22,988

The notes form part of these financial statements

RST DIRECT LTD

Balance sheet statements

For the year ending 31 October 2022 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 2023
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 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

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 2022

2. Employees

2022 2021
Average number of employees during the period 9 8

RST DIRECT LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 128,344
Additions 22,904
At 31 October 2022 151,248
Depreciation
At 01 November 2021 53,138
Charge for year 30,250
At 31 October 2022 83,388
Net book value
At 31 October 2022 67,860
At 31 October 2021 75,206