REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2021 to 30 April 2023 |
for |
Rightstep Management Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2021 to 30 April 2023 |
for |
Rightstep Management Limited |
Rightstep Management Limited (Registered number: 05886019) |
Contents of the Financial Statements |
for the Period 1 November 2021 to 30 April 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Rightstep Management Limited |
Company Information |
for the Period 1 November 2021 to 30 April 2023 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Suite 1 |
31 Sheephouse |
Farnham |
Surrey |
GU9 8LR |
Rightstep Management Limited (Registered number: 05886019) |
Balance Sheet |
30 April 2023 |
30.4.23 | 31.10.21 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Rightstep Management Limited (Registered number: 05886019) |
Notes to the Financial Statements |
for the Period 1 November 2021 to 30 April 2023 |
1. | STATUTORY INFORMATION |
Rightstep Management Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The company ceased to trade on 30 April 2023, with any outstanding sales and purchases arising in the period to this date being reflected in the April 2023 accounts. The accounts have been prepared on a breakup basis and all debtor balances included in the balance sheet at 30 April 2023 are recoverable. |
Turnover |
Turnover is measured at fair value and represents income derived from the ordinary activities of the business during the year, net of vat. |
Income arising from recruitment is recognised at the point the candidate physically starts employment; contractor revenues are recognised on the basis of work undertaken. |
Tangible fixed assets |
Plant and machinery etc | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Debtors |
Short term debtors are measured at transaction price (which is usually the invoice price) less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
Rightstep Management Limited (Registered number: 05886019) |
Notes to the Financial Statements - continued |
for the Period 1 November 2021 to 30 April 2023 |
2. | ACCOUNTING POLICIES - continued |
Creditors and other financial instruments |
Basic financial instruments are recognised at amortised cost, with any changes in fair value being recognised in the profit and loss. |
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2021 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 November 2021 |
Disposals | ( |
) |
At 30 April 2023 |
DEPRECIATION |
At 1 November 2021 |
Eliminated on disposal | ( |
) |
At 30 April 2023 |
NET BOOK VALUE |
At 30 April 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.23 | 31.10.21 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.23 | 31.10.21 |
£ | £ |
Taxation and social security |
Other creditors |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At 30 April 2023 a balance of £2,360 was owed by the company to its Director (31 October 2021 - £8,230 owed to the Director). |