Registered Number:11627311 |
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2023
R & D Motors Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
R & D Motors Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
45,008
53,621
2
45,008
53,621
-
5,250
3
Trade and other receivables |
4,565
6,691
4
55,056
Cash and cash equivalents |
95,866
107,807
59,621
Trade and other payables: amounts falling due within one |
year |
(30,775)
(56,498)
5
28,846
51,309
Net current assets
Total assets less current liabilities |
96,317
82,467
Trade and other payables: amounts falling due after more |
than one year |
(49,424)
(50,308)
6
(8,339)
(9,967)
Provisions for liabilities |
37,670
Net assets
23,076
200
200
37,470
22,876
37,670
23,076
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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 Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 16 November 2023 and were signed by: |
1 of 4
For the year ended 31 October 2023
R & D Motors Ltd
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 4
For the year ended 31 October 2023
R & D Motors Ltd
Notes to the Financial Statements
Statutory Information
R & D Motors Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
11627311. |
Principal place of business: |
Yonder Hill Trading Estate
Station Road
Chard Junction
Somerset
TA20 4QR
Pen-Y-Groes
Furnham Road
Chard
Somerset
TA20 1AX
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Property, plant and equipment |
86,814
12,390
74,424
15,939
-
15,939
90,363
12,390
102,753
Provision for depreciation and impairment |
33,193
2,777
30,416
Charge for year
24,552
1,923
22,629
57,745
4,700
53,045
37,318
7,690
45,008
44,008
9,613
53,621
3 of 4
For the year ended 31 October 2023
R & D Motors Ltd
Notes to the Financial Statements Continued
2022
2023
5,250
-
4. Trade and other receivables |
2022
2023
6,424
4,565
267
-
4,565
6,691
5. Trade and other payables: amounts falling due within one year |
2022
2023
25,220
15,809
Taxation and social security |
27,681
11,986
3,597
2,980
56,498
30,775
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
Bank loans and overdraft (secured) |
29,106
33,424
21,202
16,000
50,308
49,424
7. Average number of persons employed |
During the year the average number of employees was 3 (2022 : 3)
4 of 4