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Company Registration No. 06423864 (England and Wales)
R&D Yorkshire Limited Unaudited accounts for the year ended 30 November 2023
R&D Yorkshire Limited Unaudited accounts Contents
Page
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R&D Yorkshire Limited Company Information for the year ended 30 November 2023
Directors
Mr. Manga Singh Dhillon Mr. Vipul Sharma
Company Number
06423864 (England and Wales)
Registered Office
Eagle House Stonebridge Road, Eagle Way Northfleet Kent DA11 9BJ
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R&D Yorkshire Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
149,892 
162,981 
Investments
240 
200 
150,132 
163,181 
Current assets
Inventories
36,582 
40,222 
Debtors
3,862,737 
3,434,325 
Cash at bank and in hand
272,523 
392,970 
4,171,842 
3,867,517 
Creditors: amounts falling due within one year
(871,072)
(782,098)
Net current assets
3,300,770 
3,085,419 
Total assets less current liabilities
3,450,902 
3,248,600 
Creditors: amounts falling due after more than one year
(525,000)
(600,000)
Net assets
2,925,902 
2,648,600 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,925,802 
2,648,500 
Shareholders' funds
2,925,902 
2,648,600 
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 May 2024 and were signed on its behalf by
Mr. Manga Singh Dhillon Director Company Registration No. 06423864
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R&D Yorkshire Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
R&D Yorkshire Limited is a private company, limited by shares, registered in England and Wales, registration number 06423864. The registered office is Eagle House Stonebridge Road, Eagle Way, Northfleet, Kent, DA11 9BJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Over 10 Years Straight-line
4
Intangible fixed assets
Other 
£ 
Cost
At 1 December 2022
207,000 
At 30 November 2023
207,000 
Amortisation
At 1 December 2022
207,000 
At 30 November 2023
207,000 
Net book value
At 30 November 2023
- 
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R&D Yorkshire Limited Notes to the Accounts for the year ended 30 November 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
691,699 
38,681 
730,380 
Additions
- 
13,169 
13,169 
At 30 November 2023
691,699 
51,850 
743,549 
Depreciation
At 1 December 2022
564,981 
2,418 
567,399 
Charge for the year
19,008 
7,250 
26,258 
At 30 November 2023
583,989 
9,668 
593,657 
Net book value
At 30 November 2023
107,710 
42,182 
149,892 
At 30 November 2022
126,718 
36,263 
162,981 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 December 2022
200 
Additions
40 
Valuation at 30 November 2023
240 
Investment in subsidiaries have been valued at cost less impairment. The company owns 20% or more shares in the following company: Company Name/% holding/Total capital & reserve/Profit/(Loss) for the year: KDG Food South Ltd / 40%/£100 /£100 KDG Bexleyheath Ltd / 100%/(£43,190) /(£43,290) Sui Generis Ltd / 100%/(£164,237) /(£42,971)
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
41,663 
40,468 
Amounts due from group undertakings etc.
3,518,250 
3,145,219 
Accrued income and prepayments
50,546 
- 
Other debtors
252,278 
248,638 
3,862,737 
3,434,325 
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R&D Yorkshire Limited Notes to the Accounts for the year ended 30 November 2023
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
75,000 
75,000 
Trade creditors
203,575 
208,593 
Amounts owed to group undertakings and other participating interests
4,400 
9,100 
Taxes and social security
239,018 
249,645 
Other creditors
349,079 
239,760 
871,072 
782,098 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
525,000 
600,000 
The company has fixed and floating secured loan from Santander Bank UK Plc for £ 675000. The loan is repayable over the five year period . The interest rate on the loan is at 4.30%.
10
Controlling party
The company is controlled by T&M Dhillon Group Ltd which is registered in England.
11
Average number of employees
During the year the average number of employees was 147 (2022: 232).
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