RBD Investments Ltd 09939344 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is family investment company Digita Accounts Production Advanced 6.30.9574.0 Software true true 09939344 2023-02-01 2024-01-31 09939344 2024-01-31 09939344 bus:Director1 1 2024-01-31 09939344 bus:OrdinaryShareClass1 2024-01-31 09939344 bus:OrdinaryShareClass2 2024-01-31 09939344 core:RetainedEarningsAccumulatedLosses 2024-01-31 09939344 core:ShareCapital 2024-01-31 09939344 core:CurrentFinancialInstruments 2024-01-31 09939344 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 09939344 bus:SmallEntities 2023-02-01 2024-01-31 09939344 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 09939344 bus:FullAccounts 2023-02-01 2024-01-31 09939344 bus:RegisteredOffice 2023-02-01 2024-01-31 09939344 bus:Director1 2023-02-01 2024-01-31 09939344 bus:Director1 1 2023-02-01 2024-01-31 09939344 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 09939344 bus:OrdinaryShareClass2 2023-02-01 2024-01-31 09939344 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09939344 countries:AllCountries 2023-02-01 2024-01-31 09939344 bus:Director1 1 2023-01-31 09939344 2022-02-01 2023-01-31 09939344 2023-01-31 09939344 bus:OrdinaryShareClass1 2023-01-31 09939344 bus:OrdinaryShareClass2 2023-01-31 09939344 core:RetainedEarningsAccumulatedLosses 2023-01-31 09939344 core:ShareCapital 2023-01-31 09939344 core:CurrentFinancialInstruments 2023-01-31 09939344 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 09939344 bus:OrdinaryShareClass2 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Filleted

Registration number: 09939344

RBD Investments Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2024

 

RBD Investments Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 5

 

RBD Investments Ltd

Company Information

Director

Mr R B Davies

Registered office

Llys Deri
Parc Pensarn
Carmarthen
SA31 2NF

 

RBD Investments Ltd

(Registration number: 09939344)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Current assets

 

Stocks

4

233,120

-

Debtors

5

29,329

-

Cash at bank and in hand

 

6,042,279

1

 

6,304,728

1

Creditors: Amounts falling due within one year

6

(6,411,166)

-

Net (liabilities)/assets

 

(106,438)

1

Capital and reserves

 

Called up share capital

1

1

Profit and loss account

(106,439)

-

Total equity

 

(106,438)

1

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 10 September 2024
 

.........................................
Mr R B Davies
Director

   
     
 

RBD Investments Ltd

Notes to the Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Llys Deri
Parc Pensarn
Carmarthen
SA31 2NF

These financial statements were authorised for issue by the director on 10 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

RBD Investments Ltd

Notes to the Financial Statements for the Year Ended 31 January 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Stocks

2024
£

2023
£

Other inventories

233,120

-

5

Debtors

2024
£

2023
£

Other debtors

29,329

-

29,329

-

 

RBD Investments Ltd

Notes to the Financial Statements for the Year Ended 31 January 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Other related parties

 

6,176,876

-

Other creditors

 

234,290

-

 

6,411,166

-

7

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary A of £0.00 each

1,000

0.50

2,000

1.00

Ordinary B of £0.00 (2023 - £0) each

1,000

0.50

-

-

 

2,000

1

2,000

1

8

Related party transactions

Transactions with directors

2024

At 1 February 2023
£

Other payments made to company by director
£

At 31 January 2024
£

Mr R B Davies

Interest free loan repayable on demand

-

(6,176,876)

(6,176,876)