R&D ACCOUNTANTS GLA LTD

Company Registration Number:
SC770155 (Scotland)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 22 May 2023

End date: 31 May 2024

R&D ACCOUNTANTS GLA LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

R&D ACCOUNTANTS GLA LTD

Profit And Loss Account

for the Period Ended 31 May 2024

2024


£
Turnover: 1,141,425
Cost of sales: ( 317,487 )
Gross profit(or loss): 823,938
Distribution costs: ( 281,414 )
Administrative expenses: ( 381,472 )
Operating profit(or loss): 161,052
Profit(or loss) before tax: 161,052
Profit(or loss) for the financial year: 161,052

R&D ACCOUNTANTS GLA LTD

Balance sheet

As at 31 May 2024

Notes 2024


£
Called up share capital not paid: 1
Fixed assets
Tangible assets: 3 347,425
Total fixed assets: 347,425
Current assets
Stocks: 4 1,012
Debtors: 5 57,548
Cash at bank and in hand: 34,784
Total current assets: 93,344
Net current assets (liabilities): 93,344
Total assets less current liabilities: 440,770
Total net assets (liabilities): 440,770
Capital and reserves
Called up share capital: 440,770
Total Shareholders' funds: 440,770

The notes form part of these financial statements

R&D ACCOUNTANTS GLA LTD

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 8 October 2024
and signed on behalf of the board by:

Name: Prabhjot Singh
Status: Director

The notes form part of these financial statements

R&D ACCOUNTANTS GLA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

R&D ACCOUNTANTS GLA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024
    Average number of employees during the period 7

R&D ACCOUNTANTS GLA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions
Disposals
Revaluations
Transfers 347,425 347,425
At 31 May 2024 347,425 347,425
Depreciation
Charge for year
On disposals
Other adjustments
At 31 May 2024
Net book value
At 31 May 2024 347,425 347,425

R&D ACCOUNTANTS GLA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Stocks

2024
£
Stocks 1,012
Total 1,012

R&D ACCOUNTANTS GLA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors

2024
£
Trade debtors 57,548
Total 57,548