IRIS Accounts Production v23.2.0.158 06918749 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069187492022-05-31069187492023-05-31069187492022-06-012023-05-31069187492021-05-31069187492021-06-012022-05-31069187492022-05-3106918749ns14:PoundSterlingns10:Original2022-06-012023-05-3106918749ns10:Originalns10:Director12022-06-012023-05-3106918749ns10:Original2022-06-012023-05-3106918749ns10:Original2023-05-3106918749ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3106918749ns10:Originalns10:SmallEntities2022-06-012023-05-3106918749ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3106918749ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3106918749ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3106918749ns10:Originalns10:FullAccounts2022-06-012023-05-3106918749ns10:Original12022-06-012023-05-3106918749ns10:Originalns10:Director22022-06-012023-05-3106918749ns10:Originalns10:RegisteredOffice2022-06-012023-05-3106918749ns10:Original2022-05-3106918749ns10:Originalns5:CurrentFinancialInstruments2023-05-3106918749ns10:Originalns5:CurrentFinancialInstruments2022-05-3106918749ns5:ShareCapitalns10:Original2023-05-3106918749ns5:ShareCapitalns10:Original2022-05-3106918749ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3106918749ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3106918749ns10:Originalns5:NetGoodwill2022-06-012023-05-3106918749ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-06-012023-05-3106918749ns10:Originalns5:FurnitureFittings2022-06-012023-05-3106918749ns10:Originalns5:ComputerEquipment2022-06-012023-05-3106918749ns10:Original2021-06-012022-05-3106918749ns10:Originalns5:NetGoodwill2022-05-3106918749ns10:Originalns5:NetGoodwill2023-05-3106918749ns10:Originalns5:NetGoodwill2022-05-3106918749ns10:Originalns5:LandBuildings2022-05-3106918749ns10:Originalns5:FurnitureFittings2022-05-3106918749ns10:Originalns5:ComputerEquipment2022-05-3106918749ns10:Original2022-05-3106918749ns10:Originalns5:LandBuildings2022-06-012023-05-3106918749ns10:Originalns5:LandBuildings2023-05-3106918749ns10:Originalns5:FurnitureFittings2023-05-3106918749ns10:Originalns5:ComputerEquipment2023-05-3106918749ns10:Originalns5:LandBuildings2022-05-3106918749ns10:Originalns5:FurnitureFittings2022-05-3106918749ns10:Originalns5:ComputerEquipment2022-05-3106918749ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3106918749ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: 06918749















Unaudited Financial Statements for the Year Ended 31 May 2023

for

R L KANKATE LIMITED

R L KANKATE LIMITED (Registered number: 06918749)

Contents of the Financial Statements
for the Year Ended 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R L KANKATE LIMITED

Company Information
for the Year Ended 31 MAY 2023







DIRECTORS: Dr R Kankate
Dr L Kankate





REGISTERED OFFICE: Alpha House
296 Kenton Road
Harrow
HA3 8DD





REGISTERED NUMBER: 06918749





ACCOUNTANTS: Frasers Young Limited
Chartered Certified Accountants
Alpha House
296 Kenton Road
Harrow
HA3 8DD

R L KANKATE LIMITED (Registered number: 06918749)

Balance Sheet
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,193,986 1,194,530
Investment property 6 224,366 224,366
1,418,352 1,418,896

CURRENT ASSETS
Debtors 7 - 466
Cash at bank 71,511 72,373
71,511 72,839
CREDITORS
Amounts falling due within one year 8 (209,057 ) (200,647 )
NET CURRENT LIABILITIES (137,546 ) (127,808 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,280,806

1,291,088

PROVISIONS FOR LIABILITIES (14,057 ) (14,057 )
NET ASSETS 1,266,749 1,277,031

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,266,649 1,276,931
SHAREHOLDERS' FUNDS 1,266,749 1,277,031

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

R L KANKATE LIMITED (Registered number: 06918749)

Balance Sheet - continued
31 MAY 2023


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 Board of Directors and authorised for issue on 4 November 2023 and were signed on its behalf by:





Dr R Kankate - Director


R L KANKATE LIMITED (Registered number: 06918749)

Notes to the Financial Statements
for the Year Ended 31 MAY 2023


1. STATUTORY INFORMATION

R L KANKATE LIMITED is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25 % on reducing balance
Computer equipment - 25 % on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 25,000
AMORTISATION
At 1 June 2022
and 31 May 2023 25,000
NET BOOK VALUE
At 31 May 2023 -
At 31 May 2022 -

R L KANKATE LIMITED (Registered number: 06918749)

Notes to the Financial Statements - continued
for the Year Ended 31 MAY 2023


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST OR VALUATION
At 1 June 2022
and 31 May 2023 1,191,000 23,318 3,597 1,217,915
DEPRECIATION
At 1 June 2022 - 19,921 3,464 23,385
Charge for year - 510 34 544
At 31 May 2023 - 20,431 3,498 23,929
NET BOOK VALUE
At 31 May 2023 1,191,000 2,887 99 1,193,986
At 31 May 2022 1,191,000 3,397 133 1,194,530

Cost or valuation at 31 May 2023 is represented by:

Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
Valuation in 2016 81,846 - - 81,846
Valuation in 2017 17,136 - - 17,136
Cost 1,092,018 23,318 3,597 1,118,933
1,191,000 23,318 3,597 1,217,915

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 224,366
NET BOOK VALUE
At 31 May 2023 224,366
At 31 May 2022 224,366

R L KANKATE LIMITED (Registered number: 06918749)

Notes to the Financial Statements - continued
for the Year Ended 31 MAY 2023


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors - 466

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 420 420
Amounts owed to associates 197,684 197,684
Taxation and social security - 841
Other creditors 10,953 1,702
209,057 200,647

9. ULTIMATE CONTROLLING PARTY

The controlling party is the Directors.