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Registered Number: 14195551
England and Wales

 

 

 

R&I BARGAINS LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 25 June 2022

End date: 30 June 2023
  2023
    £ £
Fixed assets   455 
Current assets 158   
Creditors: amount falling due within one year 1   
Net current assets   159 
Total assets less current liabilities   614 
Creditors: amount falling due after more than one year   (3,456)
Net liabilities   (2,842)
 

     
Capital and reserves   (2,842)
 
NOTES TO THE ACCOUNTS

General Information
R&I BARGAINS LTD is a private company, limited by shares, registered in England and Wales, registration number 14195551, registration address 72 Hall Road, Chadwell Heath, Romford, RM6 4LJ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the period was 0.


For the period ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 08 February 2024 and were signed by:


--------------------------------
Rabiat ABARI
Director
1