2023-02-012024-01-312024-01-31false12402157RGRA COMMERCE GROUP LTD2024-03-2847910iso4217:GBPxbrli:pure124021572023-02-01124021572024-01-31124021572023-02-012024-01-31124021572022-02-01124021572023-01-31124021572022-02-012023-01-3112402157bus:SmallEntities2023-02-012024-01-3112402157bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3112402157bus:FullAccounts2023-02-012024-01-3112402157bus:PrivateLimitedCompanyLtd2023-02-012024-01-3112402157core:WithinOneYear2024-01-3112402157core:AfterOneYear2024-01-3112402157core:WithinOneYear2023-01-3112402157core:AfterOneYear2023-01-3112402157core:ShareCapital2024-01-3112402157core:SharePremium2024-01-3112402157core:RevaluationReserve2024-01-3112402157core:OtherReservesSubtotal2024-01-3112402157core:RetainedEarningsAccumulatedLosses2024-01-3112402157core:ShareCapital2023-01-3112402157core:SharePremium2023-01-3112402157core:RevaluationReserve2023-01-3112402157core:OtherReservesSubtotal2023-01-3112402157core:RetainedEarningsAccumulatedLosses2023-01-3112402157core:LandBuildings2024-01-3112402157core:PlantMachinery2024-01-3112402157core:Vehicles2024-01-3112402157core:FurnitureFittings2024-01-3112402157core:OfficeEquipment2024-01-3112402157core:NetGoodwill2024-01-3112402157core:IntangibleAssetsOtherThanGoodwill2024-01-3112402157core:ListedExchangeTraded2024-01-3112402157core:UnlistedNon-exchangeTraded2024-01-3112402157core:LandBuildings2023-01-3112402157core:PlantMachinery2023-01-3112402157core:Vehicles2023-01-3112402157core:FurnitureFittings2023-01-3112402157core:OfficeEquipment2023-01-3112402157core:NetGoodwill2023-01-3112402157core:IntangibleAssetsOtherThanGoodwill2023-01-3112402157core:ListedExchangeTraded2023-01-3112402157core:UnlistedNon-exchangeTraded2023-01-3112402157core:LandBuildings2023-02-012024-01-3112402157core:PlantMachinery2023-02-012024-01-3112402157core:Vehicles2023-02-012024-01-3112402157core:FurnitureFittings2023-02-012024-01-3112402157core:OfficeEquipment2023-02-012024-01-3112402157core:NetGoodwill2023-02-012024-01-3112402157core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3112402157core:ListedExchangeTraded2023-02-012024-01-3112402157core:UnlistedNon-exchangeTraded2023-02-012024-01-3112402157core:MoreThanFiveYears2023-02-012024-01-3112402157core:Non-currentFinancialInstruments2024-01-3112402157core:Non-currentFinancialInstruments2023-01-3112402157dpl:CostSales2023-02-012024-01-3112402157dpl:DistributionCosts2023-02-012024-01-3112402157core:LandBuildings2023-02-012024-01-3112402157core:PlantMachinery2023-02-012024-01-3112402157core:Vehicles2023-02-012024-01-3112402157core:FurnitureFittings2023-02-012024-01-3112402157core:OfficeEquipment2023-02-012024-01-3112402157dpl:AdministrativeExpenses2023-02-012024-01-3112402157core:NetGoodwill2023-02-012024-01-3112402157core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3112402157dpl:GroupUndertakings2023-02-012024-01-3112402157dpl:ParticipatingInterests2023-02-012024-01-3112402157dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3112402157core:ListedExchangeTraded2023-02-012024-01-3112402157dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3112402157core:UnlistedNon-exchangeTraded2023-02-012024-01-3112402157dpl:CostSales2022-02-012023-01-3112402157dpl:DistributionCosts2022-02-012023-01-3112402157core:LandBuildings2022-02-012023-01-3112402157core:PlantMachinery2022-02-012023-01-3112402157core:Vehicles2022-02-012023-01-3112402157core:FurnitureFittings2022-02-012023-01-3112402157core:OfficeEquipment2022-02-012023-01-3112402157dpl:AdministrativeExpenses2022-02-012023-01-3112402157core:NetGoodwill2022-02-012023-01-3112402157core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3112402157dpl:GroupUndertakings2022-02-012023-01-3112402157dpl:ParticipatingInterests2022-02-012023-01-3112402157dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3112402157core:ListedExchangeTraded2022-02-012023-01-3112402157dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3112402157core:UnlistedNon-exchangeTraded2022-02-012023-01-3112402157core:NetGoodwill2024-01-3112402157core:IntangibleAssetsOtherThanGoodwill2024-01-3112402157core:LandBuildings2024-01-3112402157core:PlantMachinery2024-01-3112402157core:Vehicles2024-01-3112402157core:FurnitureFittings2024-01-3112402157core:OfficeEquipment2024-01-3112402157core:AfterOneYear2024-01-3112402157core:WithinOneYear2024-01-3112402157core:ListedExchangeTraded2024-01-3112402157core:UnlistedNon-exchangeTraded2024-01-3112402157core:ShareCapital2024-01-3112402157core:SharePremium2024-01-3112402157core:RevaluationReserve2024-01-3112402157core:OtherReservesSubtotal2024-01-3112402157core:RetainedEarningsAccumulatedLosses2024-01-3112402157core:NetGoodwill2023-01-3112402157core:IntangibleAssetsOtherThanGoodwill2023-01-3112402157core:LandBuildings2023-01-3112402157core:PlantMachinery2023-01-3112402157core:Vehicles2023-01-3112402157core:FurnitureFittings2023-01-3112402157core:OfficeEquipment2023-01-3112402157core:AfterOneYear2023-01-3112402157core:WithinOneYear2023-01-3112402157core:ListedExc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RGRA COMMERCE GROUP LTD

Registered Number
12402157
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

RGRA COMMERCE GROUP LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

AUBERT, Arthur David
AUBERT, Gregory Arthur Jin
AUBERT, Kim Toon

Registered Address

7 Blackhorse Lane
Walthamstow
E17 6DS

Registered Number

12402157 (England and Wales)
RGRA COMMERCE GROUP LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,468808
1,468808
Current assets
Stocks428,98017,538
Debtors1,77621,607
Cash at bank and on hand42,74644,061
73,50283,206
Prepayments and accrued income1,105-
Creditors amounts falling due within one year5(129,255)(99,622)
Net current assets (liabilities)(54,648)(16,416)
Total assets less current liabilities(53,180)(15,608)
Creditors amounts falling due after one year6(45,802)(50,000)
Net assets(98,982)(65,608)
Capital and reserves
Called up share capital100100
Profit and loss account(99,082)(65,708)
Shareholders' funds(98,982)(65,608)
The financial statements were approved and authorised for issue by the Board of Directors on 28 March 2024, and are signed on its behalf by:
AUBERT, Gregory Arthur Jin
Director
Registered Company No. 12402157
RGRA COMMERCE GROUP LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Going concern
The accounts have been prepared on the going concern basis of accounting, on the assumption that the directors and the company's bankers will continue to provide financial support to enable the company to continue to meet its liabilities, which exceeded its assets as at 31 January 2023.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment3
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 February 231,3121,312
Additions1,3321,332
At 31 January 242,6442,644
Depreciation and impairment
At 01 February 23504504
Charge for year672672
At 31 January 241,1761,176
Net book value
At 31 January 241,4681,468
At 31 January 23808808
4.Stocks

2024

2023

££
Finished goods28,98017,538
Total28,98017,538
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables15,8812,500
Taxation and social security4,885-
Other creditors108,08997,122
Accrued liabilities and deferred income400-
Total129,25599,622
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts45,80250,000
Total45,80250,000