2022-11-01 11627311 2023-10-31 11627311 2022-11-01 2023-10-31 11627311 2022-10-31 11627311 2021-11-01 2022-10-31 11627311 uk-core:WithinOneYear uk-bus:Original 2022-10-31 11627311 uk-core:WithinOneYear uk-bus:Original 2023-10-31 11627311 uk-core:AfterOneYear uk-bus:Original 2022-10-31 11627311 uk-core:AfterOneYear uk-bus:Original 2023-10-31 11627311 uk-core:ShareCapital uk-bus:Original 2023-10-31 11627311 uk-core:ShareCapital uk-bus:Original 2022-10-31 11627311 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-10-31 11627311 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-10-31 11627311 uk-bus:Director1 uk-bus:Original 2022-11-01 2023-10-31 11627311 uk-bus:Director2 uk-bus:Original 2022-11-01 2023-10-31 11627311 uk-core:MotorCars uk-bus:Original 2022-10-31 11627311 uk-core:PlantMachinery uk-bus:Original 2022-10-31 11627311 uk-core:MotorCars uk-bus:Original 2022-11-01 2023-10-31 11627311 uk-core:PlantMachinery uk-bus:Original 2023-10-31 11627311 uk-core:MotorCars uk-bus:Original 2023-10-31 11627311 uk-core:PlantMachinery uk-bus:Original 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure 11627311 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-11-01 2023-10-31 11627311 uk-bus:FRS102 uk-bus:Original 2022-11-01 2023-10-31 11627311 uk-bus:FilletedAccounts uk-bus:Original 2022-11-01 2023-10-31 11627311 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-11-01 2023-10-31
R & D Motors Ltd
Registered Number:11627311
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
11627311
As at 31 October 2023
R & D Motors Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
45,008
53,621
2
45,008
53,621
Current assets
Inventories
-
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
Capital and reserves
Called up share capital
200
200
Retained earnings
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.
Mr D Hobbs Director
Mr R Haston Director
These financial statements were approved and authorised for issue by the Board on 16 November 2023 and were signed by:
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4
Registered Number :
11627311
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
5
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
Registered address:
Pen-Y-Groes
Furnham Road
Chard
Somerset
TA20 1AX
The presentation currency is £ sterling.
1. Accounting policies
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
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 November 2022
86,814
12,390
74,424
15,939
-
15,939
Additions
At 31 October 2023
90,363
12,390
102,753
Provision for depreciation and impairment
At 01 November 2022
33,193
2,777
30,416
Charge for year
24,552
1,923
22,629
At 31 October 2023
57,745
4,700
53,045
At 31 October 2023
Net book value
37,318
7,690
45,008
At 31 October 2022
44,008
9,613
53,621
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6
For the year ended 31 October 2023
R & D Motors Ltd
Notes to the Financial Statements Continued
3. Inventories
2022
2023
£
£
Stocks
5,250
-
4. Trade and other receivables
2022
2023
£
£
Trade debtors
6,424
4,565
Other debtors
267
-
4,565
6,691
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
25,220
15,809
Taxation and social security
27,681
11,986
Other creditors
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
Other creditors
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)
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