Company registration number: 13073629
Unaudited financial statements
for the year ended 31 December 2023
for
RKA Investments Ltd
Pages for filing with the Registrar
Company registration number: 13073629
RKA Investments Ltd
Balance sheet
as at 31 December 2023
2023 2022
Note £ £ £ £
Fixed assets
Investment property 4 281,104 281,104
281,104 281,104
Current assets
Debtors 82 46
82 46
Creditors: amounts falling due within
one year
(225,394) (243,476)
Net current liabilities (225,312) (243,430)
Total assets less current liabilities 55,792 37,674
NET ASSETS 55,792 37,674
Capital and reserves
Called up share capital 1 1
Profit and loss account 55,791 37,673
TOTAL EQUITY 55,792 37,674
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2023.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13073629
RKA Investments Ltd
Balance sheet - continued
as at 31 December 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr R Atkinson, Director
16 August 2024
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RKA Investments Ltd
Notes to the financial statements
for the year ended 31 December 2023
1 Company information
The company is registered in England and Wales. Its registered number is 13073629. The company is limited by shares. Its registered office is Unit 1 Clubbs Yard May Avenue, Northfleet, Gravesend, DA11 8RH.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3 Average number of employees
During the year the average number of employees was Nil (2022 - Nil).
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RKA Investments Ltd
Notes to the financial statements - continued
for the year ended 31 December 2023
4 Investment property
£
Valuation
At 1 January 2023 281,104
At 31 December 2023 281,104
5 Related party transactions
Included in the other creditors is an amount of £173,884 (2022 - £162,971) owed to Kent Smart Repairs Ltd, a company under the control of the director Mr R Atkinson. No repayment terms have been set and no interest is to be charged.
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