Company Registration No. SC465638 (Scotland)
R & D Ki Limited
Unaudited accounts
for the year ended 31 December 2023
R & D Ki Limited
Unaudited accounts
Contents
R & D Ki Limited
Company Information
for the year ended 31 December 2023
Director
Raymond Karpinski
Company Number
SC465638 (Scotland)
Registered Office
4th Floor
176 Bath Street
Glasgow
Scotland
G2 4HG
Accountants
B&L - TaxKings
61 George Street
Perth
PH1 5LB
R & D Ki Limited
Statement of financial position
as at 31 December 2023
Tangible assets
1,163
1,885
Cash at bank and in hand
170,744
92,197
Creditors: amounts falling due within one year
(64,247)
(58,061)
Net current assets
106,497
84,104
Total assets less current liabilities
108,692
87,021
Creditors: amounts falling due after more than one year
-
(13,942)
Called up share capital
1,000
1,000
Profit and loss account
107,692
72,079
Shareholders' funds
108,692
73,079
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 7 September 2024 and were signed on its behalf by
Raymond Karpinski
Director
Company Registration No. SC465638
R & D Ki Limited
Notes to the Accounts
for the year ended 31 December 2023
R & D Ki Limited is a private company, limited by shares, registered in Scotland, registration number SC465638. The registered office is 4th Floor, 176 Bath Street, Glasgow, Scotland, G2 4HG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
1,332
392
1,052
2,776
At 31 December 2023
1,049
392
1,052
2,493
At 1 January 2023
333
98
460
891
Charge for the year
262
98
263
623
On disposals
(184)
-
-
(184)
At 31 December 2023
411
196
723
1,330
At 31 December 2023
638
196
329
1,163
At 31 December 2022
999
294
592
1,885
R & D Ki Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Investments
Other investments
Valuation at 1 January 2023
1,032
Valuation at 31 December 2023
1,032
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
4,970
Taxes and social security
47,190
42,010
Loans from directors
-
1,317
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).