Company Registration No. 09377972 (England and Wales)
R.K. CARPETS LTD
accounts
for the year ended 31 January 2024
R.K. CARPETS LTD
accounts
Contents
R.K. CARPETS LTD
Statement of financial position
as at 31 January 2024
Tangible assets
13,841
16,727
Cash at bank and in hand
12,846
18,705
Creditors: amounts falling due within one year
(9,302)
(12,495)
Net current assets
14,784
16,460
Total assets less current liabilities
28,625
33,187
Creditors: amounts falling due after more than one year
(22,486)
(30,144)
Called up share capital
1
1
Profit and loss account
6,138
3,042
Shareholders' funds
6,139
3,043
For the 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. 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 16 October 2024 and were signed on its behalf by
Zain KHAN
Director
Company Registration No. 09377972
R.K. CARPETS LTD
Notes to the Accounts
for the year ended 31 January 2024
R.K. CARPETS LTD is a private company, limited by shares, registered in England and Wales, registration number 09377972. The registered office is 702 GREEN LANE, DAGENHAM, RM8 1YX, ENGLAND.
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% Reducing Balance
Motor vehicles
15% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
3,442
19,897
6,000
29,339
At 31 January 2024
3,442
19,897
6,000
29,339
At 1 February 2023
3,050
6,937
2,625
12,612
Charge for the year
98
1,944
844
2,886
At 31 January 2024
3,148
8,881
3,469
15,498
At 31 January 2024
294
11,016
2,531
13,841
At 31 January 2023
392
12,960
3,375
16,727
R.K. CARPETS LTD
Notes to the Accounts
for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
702
495
Other creditors
3,222
9,060
Loans from directors
2,678
840
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).