Company Registration No. 09377972 (England and Wales)
R.K. CARPETS LTD
Unaudited accounts
for the year ended 31 January 2023
R.K. CARPETS LTD
Unaudited accounts
Contents
R.K. CARPETS LTD
Statement of financial position
as at 31 January 2023
Tangible assets
16,727
20,270
Cash at bank and in hand
18,705
22,740
Creditors: amounts falling due within one year
(12,495)
(10,705)
Net current assets
16,460
17,875
Total assets less current liabilities
33,187
38,145
Creditors: amounts falling due after more than one year
(30,144)
(38,002)
Called up share capital
1
1
Profit and loss account
3,042
142
Shareholders' funds
3,043
143
For the year ending 31 January 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 June 2023 and were signed on its behalf by
Zain KHAN
Director
Company Registration No. 09377972
R.K. CARPETS LTD
Notes to the Accounts
for the year ended 31 January 2023
R.K. CARPETS LTD is a private company, limited by shares, registered in England and Wales, registration number 09377972. The registered office is 702 GREEN LANE, DAGENHAM, RM8 1YX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
15% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
3,442
19,897
6,000
29,339
At 31 January 2023
3,442
19,897
6,000
29,339
At 1 February 2022
2,919
4,650
1,500
9,069
Charge for the year
131
2,287
1,125
3,543
At 31 January 2023
3,050
6,937
2,625
12,612
At 31 January 2023
392
12,960
3,375
16,727
At 31 January 2022
523
15,247
4,500
20,270
R.K. CARPETS LTD
Notes to the Accounts
for the year ended 31 January 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
495
496
Other creditors
9,060
7,869
Loans from directors
840
840
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).